Ascend Technology Ventures

Company

Investment-firm

General

About Company
Ascend Technology Ventures is an Israel-based venture capital firm that invests in early and late-stage ventures.

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Number of employees

IPO status

Private

Description

Founded in 1998, Ascend Technology Ventures has a portfolio of startups in various sectors including Real Time and Network Hardware. The fund typically invests in startups that are 4-5 years old and participates in rounds with 5-6 other investors. Some of the popular portfolio startups of the fund include CanFite BioPharma, Mogreet, and The NewsMarket. The fund has notable sponsors such as Yozma Group, Sequoia Capital Israel, and Redwood Venture Partners. It typically invests in deals ranging from 5 to 10 million dollars and has had significant exits in 2017. However, compared to other organizations, Ascend Technology Ventures commits exits less frequently. Overall, the fund has made 17 investments and has had 9 exits.
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