Carmel Ventures, an Israeli venture capital firm with over USD600m under management, has announced that Itzik Avidor and Ronen Nir have been named partners.
Carmel Ventures, an Israeli venture capital firm with over USD600m under management, has announced that Itzik Avidor and Ronen Nir have been named partners.
Promoted from within the firm, Avidor (pictured) served and continues to serve as chief financial officer and Nir served as principal.
Avidor has extensive financial experience including managing M&A transactions and IPO processes of Israeli companies on Nasdaq. Prior to joining Carmel, he served as a senior audit manager at Deloitte Brightman Almagor.
Nir joined Carmel Ventures at the beginning of 2008 as principal. In this role he sourced and led pre-seed investments and worked with entrepreneurs and portfolio companies on business strategy, operations and fundraising.
Prior to joining Carmel, Nir spent four year with Verint where he served as director and VP product of the ACS Division. Before that, he served as project team manager in ECtel.
‘We are pleased to recognize Itzik and Ronen’s contribution to Carmel and to have this opportunity to further build our partnership and promote our people,’ says Avi Zeevi, co-founder and general partner.
‘Itzik has been working with Carmel’s founders for over 15 years and he is an important part of our team. His professionalism and dedication have been instrumental in developing Carmel’s best-of-class business practices.’
‘Ronen’s vast managerial and operational background and investment experience perfectly fit Carmel’s hands-on investment approach to building global category leaders. As a partner, Ronen will lead new investments and continue to work closely with Carmel’s portfolio companies.’
