We are so pleased to announce our fifth fund, YLV V! At $400M, it is the largest fund ever raised to accelerate Israeli cybersecurity seed-stage startups. The significantly oversubscribed YLV V brings our total capital under management to $800M, and will enable us to double down on our commitment of expanded value-add support to our founders. According to Yoav Leitersdorf, Managing Partner at YL Ventures, “Our resources and expertise in the cybersecurity industry–reinforced by YLV Fund V–will serve to cultivate the next generation of Israeli top-tier talent from seed to lead!" This milestone coincides with 15 years of YL Ventures operation and signifies our belief in the continued promise of Israel's cybersecurity talent and B2B cybersecurity potential. Confirming the success of our longstanding investment strategy, the latest PitchBook Data Benchmarks places YLV's third fund at the top decile IRR return, made possible by our continued support of Israeli founders from inception through every critical stage of building a category-leading company. It also accompanies two very exciting promotions - congratulations to Sharon Seemann and Michael Cortez on their promotions to Partnership!