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Elron Ventures, a venture capital fund that invests in early-stage tech startups in the cybersecurity and B2B software space, announced Tuesday the CyberFuture Alliance, which brings investors and high-profile CISOs of big brands to entrepreneurs.
The Alliance now controls hundreds of thousands of dollars invested in early-stage cybersecurity startups by CISOs.
The alliance aims to support select early-stage companies as well as enable security professionals to scrutinize and influence investment decisions. Members of the CyberFuture Alliance represent a wide range of industries around the world, including banking, technology, retail, travel, healthcare and pharmaceuticals. Alliance members include Vijaya Kaza, chief security officer and head of engineering for trust and safety at Airbnb; Gerard Eschelbeck, former CISO at Google; Jairo Orea, global CISO at Royal Caribbean Group; and CISO at Snapdocs. Dolby Laboratories, and Ilan Abadi, Global CISO of Teva Pharmaceuticals.
CyberFuture aims to help companies move forward without competing with other companies seeking the attention of CISOs. His managing partner at Elron, Elik Etzion, former global CISO at Bank Hapoalim, Israel’s largest financial institution, is well aware of the gap between CISOs and investors.
Etzion said: “At Elron Ventures, we are not only financial backers, but fellow practitioners who want to see today’s most viable early-stage solutions succeed.”
Elik believes this alliance will create unique value for supported startups by crystallizing product offering, networking and design partnership opportunities and navigating go-to-market movements in global markets. increase.
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