Jerusalem Venture Partners (JVP) is an Israeli-based venture capital

Venture capital in Israel

Venture capital in Israel has rapidly developed from the early 1990s, and has about 70 active venture capital funds, of which 14 international VCs with Israeli offices, and additional 220 international funds who actively invest in Israel...

 firm, with offices in the JVP Media Quarter in Jerusalem and in New York City

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

.

History

JVP, founded by Erel Margalit

Erel Margalit

Erel Margalit is an Israeli high-tech and social entrepreneur. He is the founder and managing partner of the Jerusalem-based venture capital firm Jerusalem Venture Partners...

 in 1993, is a private equity and venture capital firm specializing in incubation and early-stage investments in private companies. the JVP Fund currently runs investments of approximately 930 million dollars in eight funds, and specializes in investments in media, internet, mobile telephony, advertising and gaming industries.

JVP has overseen at least 24 successful exits, more than any other Israel-based investor. The firm has led some of the most successful exits in Israeli history, including the IPO of Qlik Technologies

Qliktech

QlikTech is a business intelligence software company based in Radnor, Pennsylvania. QlikTech is the provider of QlikView, a business intelligence solution that delivers enterprise-class analytics and search. Its in-memory associative search technology makes calculations in real-time, enabling...

--currently valued at more than $2 billion—and the sale of Chromatis Networks to Lucent Technologies for $4.8 billion, the largest sale of an Israeli company ever to that point. Additional notable companies backed by JVP are Allot Communications, Altair Semiconductor

Altair Semiconductor

Altair Semiconductor is a developer of ultra-low power, small footprint and high performance 4G semiconductors. The company offers solutions for 3GPP Long Term Evolution , and its product portfolio includes baseband processors, RF transceivers and a range of reference hardware products...

, AnyClip, Cogent Communications

Cogent Communications

Cogent Communications is a multinational internet service provider whose network spans more than 53,300 intercity fiber route miles and 15,800 metro fiber miles. Cogent provides service in over 165 markets across 31 countries in North America and Europe...

, Cyber-Ark

Cyber-Ark

Cyber-Ark Software, Inc. is an Israeli-American information security company that develops and markets digital vaults, based on their vaulting technology for securing and managing privileged passwords and Privileged identities , and sensitive information within and across enterprise networks...

, Fundtech, Jacada

Jacada

Jacada is a software and services company which provides unified desktop and process optimization software solutions for the customer service and support market...

, Netro, Playcast Media Systems

Playcast Media Systems

*Playcast Media Systems is a cloud gaming service as they are often referred. Playcast Media Systems offers the service Meo Jogos, a gaming on demand service powered by Playcast Media, on November 11, 2010....

, Precise

Precise Software

Precise Software Solutions is an Israeli-American company that develops Application performance management software products.-Early history:...

, Sheer Networks

Sheer Networks

Sheer Networks is a networking company founded in 1999. It was headquartered in San José, California, USA. Sheer's DNA solution for Network Management was marketed globally through direct sales, as well as through leading SI and VARs around the world...

, Qlipso

Qlipso

Qlipso is an Israeli-American technology company which builds and operates multi-user content-sharing platforms for Flash-based media. The company’s social-viewing platform allows people to extend and enhance their real-life social lives online by providing users the ability to view and share...

, XMPie

Xerox

Xerox Corporation is an American multinational document management corporation that produced and sells a range of color and black-and-white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies...

 and more.

In 2005, Forbes

Forbes

Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...

 international business magazine selected Margalit as the top-ranking non-American venture capitalist on its prestigious "Midas (The Golden Touch) List.” In 2010, The Marker Magazine named him the best venture capitalist in Israel.

JVP Media Quarter

In 2006, Erel Margalit formed and developed the new Media Quarter in and around the historical train station

Jerusalem Railway Station

The Jerusalem Railway Station is a former railway station located in the area between Hebron Road and Bethlehem Road, near the German Colony of Jerusalem, Israel. It was part of the Jaffa–Jerusalem railway until its closure in 1998...

 compound in Jerusalem. Beside the main venture capital firm, the Media Quarter also includes JVP Media Labs, a technological early stage investment incubator

Business incubator

Business incubators are programs designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts...

; 14 start-up

Start-up

Startup or start-up may refer to:* Booting, an initialization period that computers and electronics go through when first turned on;* Project commissioning, the act of starting for the first time a technical installation;...

 media companies including "Animation Lab

Animation Lab

Animation Lab is an animation studio based in Jerusalem, Israel and Los Angeles, USA.Founded in 2006, and backed by Israeli Venture Capital firm Jerusalem Venture Partners , the studio is currently in development on its first feature film, The Wild Bunch, as the first feature length CGI animation...

", a CGI

Computer-generated imagery

Computer-generated imagery is the application of the field of computer graphics or, more specifically, 3D computer graphics to special effects in art, video games, films, television programs, commercials, simulators and simulation generally, and printed media...

 animated feature film studio; "Zappa Jerusalem", one of Jerusalem's largest concert halls, and "The Lab", an arts incubator for Jerusalem performing artists.

Currently over 300 young employees work in the JVP Media Quarter, including engineers, artists, authors, filmmakers, and cultural figures. The Media Quarter has become one of the most innovative cultural and business scenes in Israel.

Exits (partial list)

Company	Industry	Description	Exit Date	Exit Type
Scorpio Communications	Communications and networking	Asynchronous Transfer Mode (ATM) Asynchronous Transfer Mode Asynchronous Transfer Mode is a standard switching technique designed to unify telecommunication and computer networks. It uses asynchronous time-division multiplexing, and it encodes data into small, fixed-sized cells. This differs from approaches such as the Internet Protocol or Ethernet that...  networking systems and sub-systems.	August 1996	Acquired by USRobotics for $72M
Summit Design Mentor Graphics Mentor Graphics, Inc is a US-based multinational corporation dealing in electronic design automation for electrical engineering and electronics, as of 2004, ranked third in the EDA industry it helped create...	Electronics and Semiconductors	The electronic design automation Electronic design automation Electronic design automation is a category of software tools for designing electronic systems such as printed circuit boards and integrated circuits...  (EDA) company that pioneered the field of Electronic system-level design and verification	October 1996	IPO on NASDAQ in 1996 , acquired by Mentor Graphics Mentor Graphics Mentor Graphics, Inc is a US-based multinational corporation dealing in electronic design automation for electrical engineering and electronics, as of 2004, ranked third in the EDA industry it helped create...  in 2006
Fundtech	Software	A leading provider of software and services to banks, including: Payments systems Payment system A payment system is a system used for transferring money. What makes it a "system" is that it employs cash-substitutes; traditional payment systems are negotiable instruments such as drafts and documentary credits such as letter of credits. With the advent of computers and electronic... , ACH origination systems Automated Clearing House Automated Clearing House is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit payroll and vendor payments. ACH direct debit transfers include consumer payments...  and Cash management systems Cash management In United States banking, cash management, or treasury management, is a marketing term for certain services offered primarily to larger business customers... .	March 1998	IPO on NASDAQ
Netro	Communications and networking	High-speed digital wireless networking equipment for the “Last mile Last mile The "last mile" or "last kilometer" is the final leg of delivering connectivity from a communications provider to a customer. The phrase is therefore often used by the telecommunications and cable television industries. The actual distance of this leg may be considerably more than a mile,... "	August 1999	IPO on NASDAQ
Jacada Jacada Jacada is a software and services company which provides unified desktop and process optimization software solutions for the customer service and support market...	Software	Unified service desktop and process optimization Process optimization Process optimization is the discipline of adjusting a process so as to optimize some specified set of parameters without violating some constraint. The most common goals are minimizing cost, maximizing throughput, and/or efficiency...  solutions that simplify and automate customer service processes	October 1999	IPO on NASDAQ
Ultracom Communications Terayon Terayon Communication Systems, Inc. was a company that vended equipment to broadband service providers for delivering broadband voice, video and data services to residential and business subscribers.-History:...	Communications and networking	Supplier of broadband system-on-chip solutions	March 2000	Acquired by Terayon Terayon Terayon Communication Systems, Inc. was a company that vended equipment to broadband service providers for delivering broadband voice, video and data services to residential and business subscribers.-History:...  for $32m
T.sqware	Communications and networking	Network processor Network processor A network processor is an integrated circuit which has a feature set specifically targeted at the networking application domain.Network processors are typically software programmable devices and would have generic characteristics similar to general purpose central processing units that are commonly... s for edge equipment	April 2000	Acquired by Globespan for $200m
Chromatis Networks	Communications and networking	Optical transport systems Optical Transport Network ITU-T defines an Optical Transport Network as a set of Optical Network Elements connected by optical fibre links, able to provide functionality of transport, multiplexing, switching, management, supervision and survivability of optical channels carrying client signals...  for data and voice communications on metropolitan fiber optic networks Optical fiber An optical fiber is a flexible, transparent fiber made of a pure glass not much wider than a human hair. It functions as a waveguide, or "light pipe", to transmit light between the two ends of the fiber. The field of applied science and engineering concerned with the design and application of...	May 2000	Aquired by Lucent Technologies for $4.8 billion
Precise Software Precise Software Precise Software Solutions is an Israeli-American company that develops Application performance management software products.-Early history:...	Software	A global leader in Application performance management Application Performance Management Application performance management, or APM, refers to the discipline within systems management that focuses on monitoring and managing the performance and service availability of software applications....  and Business transaction management Business Transaction Management Business transaction management , also known as business transaction monitoring, application transaction profiling or user defined transaction profiling, is the practice of managing information technology from a business transaction perspective...  solutions	June 2000	IPO on NASDAQ
ViryaNet	Software	Mobile workforce management solutions	September 2000	IPO on NASDAQ
Magnifire WebSystems F5 Networks F5 Networks, Inc. is a networking appliances company. It is headquartered in Seattle, Washington and has development and marketing offices worldwide. It originally manufactured and sold some of the very first load balancing products...	Communications and networking	Web application firewall products	June 2004	Acquired by F5 Networks F5 Networks F5 Networks, Inc. is a networking appliances company. It is headquartered in Seattle, Washington and has development and marketing offices worldwide. It originally manufactured and sold some of the very first load balancing products...  for $29m
PowerDsine	Communications and networking	Power over Ethernet Power over Ethernet Power over Ethernet or PoE technology describes a system to pass electrical power safely, along with data, on Ethernet cabling. The IEEE standard for PoE requires category 5 cable or higher for high power levels, but can operate with category 3 cable for low power levels... pioneers	June 2004	IPO on NASDAQ