Last Revised: November 3, 2019
YL Ventures GP Ltd., (“Company”, “we” or “YL Ventures”) respects the privacy of the users (“User” or “you”) of its website at https://www.ylventures.com/ (the “Site”) and is committed to protect the User’s information. We believe that you have a right to know our practices regarding the information we may collect and use when you use our Site.
We may collect two types of data and information from our Users:
There are two main methods that we use:
Non-personal Information is collected in order to:
Personal Information is collected in order to:
For avoidance of doubt, YL Venture may transfer and disclose Non-personal Information to third parties at its discretion including without limitation for statistical, analytical and research purposes.
The Site is intended for Users over the age of thirteen (13). Therefore, YL Ventures does not intend and does not knowingly collect directly Personal Information from children under the age of thirteen (13) and does not wish to do so. We reserve the right to request proof of age at any stage so that we can verify that minors under the age of thirteen (13) are not using the Site.
You hereby agree that we may use your contact details you provided us with (including, without limitation, e-mail address and phone number) for the purpose of providing you non-commercial materials related to our current and/or future activities. You may withdraw your consent by sending a written notice to YL Ventures e-mail address that appears in the Site or alternatively follow the instructions for removing yourself from the mailing list which are available in the message transmitted to you.
When you access or use the Site, we and/or our third party service providers may use industry-wide technologies such as cookies, web beacons, pixels, clear gifs and other similar tools (or other similar technologies), which store certain local information on your device (“Local Storage”) which may enable us, inter alia, to recognize your device from those of other Users of the Site, to improve the Site’s performance, to deliver a better and more personalized service according to the User’s individual interests and the device or browser used, to track Users’ use of the Site, to gather information about the Users’ approximate geographic location (e.g. city), to prevent fraud and/or abuse, to estimate our audience size and usage pattern and perform other analytics, to develop our Site and to sell third party advertising and serve targeted advertisements.
Such information is locally stored in the User’s device. YL Venture and/or our authorized third party service providers may access such information. YL Venture and/or our authorized third party service providers may use both session cookies (which expire once you close the web-browser) and persistent cookies (which stay on the User’s device until he/she deletes them). Such Local Storage used by the Site may store non-personal information (such as the different pages viewed by a User within the Site) as well as User persistent identifier, which will be collected in accordance with the terms specified herein.
Most devices and browsers will allow you to erase cookies from your device’s hard drive, block acceptance of cookies, or receive a warning before a cookie is stored. However, if you block or erase cookies, your experience of the Site may be limited. Please note that unless you block the acceptance of cookies, the Site will utilize cookies upon your use of the Site. If you want to remove previously stored cookies, you can manually delete the cookies at any time. However, this will not prevent the Site from placing further cookies on your device unless and until you adjust your settings as described above. For detailed instructions regarding the blocking of cookies, please refer to your browser ‘help’, ‘tool’ or ‘edit’ section or see http://www.allaboutcookies.org/manage-cookies/. Below are links to instructions regarding the blocking of Cookies on commonly used web-browsers:
In the event that you wish to modify or delete the Personal Information you provided us via the Site you can send us an e-mail of your request to: [email protected], and we will modify or delete your Personal Information pursuant to any applicable privacy laws. We will retain and use your Personal Information for a reasonable time after termination as necessary to comply with our legal or business requirements or obligations (including as required by applicable law), or to resolve disputes. Aggregate and/or anonymous data derived from your use of the Site may remain on YL Ventures servers indefinitely. Note that unless you instruct us otherwise we may retain your Personal Information for as long as required to provide you the information regarding YL Ventures’ activities, all as permitted under any applicable privacy laws.
We take reasonable measures to maintain the security and integrity of our Site and prevent unauthorized access to it or use thereof through generally accepted industry standard technologies and internal procedures. The Personal Information is hosted on the WP Engine servers which provide advanced strict security standards (both physical and logical). In addition we employ highly secure services design and implementation using state of the art encryption and architectures mechanisms. Furthermore we implement a secure permission management and auditing system using specific and proprietary firewall and network access filtering as well as security group mechanisms. Please note, however, that there are inherent risks in transmission of information over the Internet or other methods of electronic storage and we cannot guarantee that unauthorized access or use will never occur. YLVENTURES SHALL NOT BE RESPONSIBLE OR LIABLE FOR UNAUTHORIZED ACCESS, HACKING, OR OTHER SECURITY INTRUSIONS OR FAILURE TO STORE OR THE THEFT, DELETION, CORRUPTION, DESTRUCTION, DAMAGE, OR LOSS OF ANY DATA.