Ascend Technology Ventures

Ascend Technology Ventures is a venture capital fund based in Ramat Gan, Israel, established in 1998. The firm focuses on investing in early-stage, high-growth companies that are developing innovative technologies across various sectors, including communications, internet and internet infrastructure, software, semiconductors, and medical devices. With a capital base of $100 million, Ascend Technology Ventures seeks to support promising startups that demonstrate potential for significant impact and growth in their respective fields.

Moshe Bar-Niv

General Partner, Owner and Co-Founder

Avner Shelem

Co-Founder and General Partner

17 past transactions

Breach Security

Venture Round in 2009
Breach Security, Inc., founded in 2004, specialized in providing real-time, continuous security solutions for web applications. The company focused on protecting sensitive web-based information from hacking attacks and data leakage, ensuring that applications functioned as intended. Breach Security's innovative products were designed to maintain the integrity of web applications in an increasingly digital landscape. Subsequently, the company was acquired by Trustwave Holdings, Inc., enhancing its capabilities within the cybersecurity sector.

Mogreet

Series A in 2007
Mogreet, founded in 2006 and acquired by Payvia in 2013, is a leading text message marketing platform that specializes in delivering branded rich media to mobile devices through MMS. Based in Venice, California, Mogreet provides services to various sectors including entertainment, media, retail, consumer products, healthcare, and real estate, enabling them to reach a global audience of 2 billion consumers across over 175 countries. The company developed Mogreet Express, a self-service MMS messaging platform designed for small businesses to enhance customer engagement through multimedia messages. Additionally, Mogreet offers APIs that allow developers to integrate SMS and MMS messaging capabilities into their applications, facilitating the delivery of high-quality video, images, and audio. Originally starting as a mobile greetings service, Mogreet has evolved into a comprehensive mobile messaging platform that supports a range of media formats, making it a key player in mobile marketing solutions.

Provigent

Series D in 2007
Provigent Inc. is a fabless semiconductor company specializing in system-on-a-chip (SoC) solutions tailored for fixed wireless networks, private wireless networks, and cellular infrastructure. Founded in 2000 and headquartered in Santa Clara, California, the company offers a range of products, including the PVG610 SoC for broadband wireless transmission, the PVG610X SoC for dual orthogonally polarized signal transmission, and the PVG310, which integrates baseband functionality for point-to-point broadband systems. Additionally, Provigent provides development kits such as the PVG9610, which supports the development of systems based on the PVG610 SoC, and the PVG350MDK, designed for wireless point-to-point applications. The company’s products are used in various applications, including cellular backhaul networks and fixed wireless transmission, contributing to enhanced internet connectivity solutions.

Glucon

Series D in 2007
Glucon is a development stage company developing glucose monitoring devices for the diabetes market. The Glucon devices will provide continuous, accurate, and real-time glucose monitoring, for clinical and personal use. Glucon devices are based on a novel Photoacoustic (optical and sound-based) technology protected by several granted and pending patents, and intended to be incorporated into a small, conveniently wearable instrument (the Personal Device). The company has shown that Photoacoustics, a unique combinatorial technology, is superior to optics alone, as it attains blood glucose measurements directly from inside the blood vessels and is an improved method both for specificity (identification) and sensitivity (detection of level changes) of the glucose measurement. The company’s desktop prototype device is currently undergoing extensive clinical trials.

Intellinx

Series A in 2006
Intellinx Ltd. specializes in developing behavior tracking solutions through its flagship software product, Intellinx. This software tracks end-user activity across various internal business applications, including legacy systems, and is instrumental in addressing insider threats, ensuring compliance with government regulations, and managing operational risks. Intellinx helps collect forensic audit trails of authorized user activities while monitoring service availability and performance. Additionally, the company offers a check fraud solution aimed at detecting and minimizing financial losses. Intellinx serves a diverse clientele, including organizations in the financial, government, healthcare, and utilities sectors. Founded in 2005 and based in Or-Yehuda, Israel, Intellinx operates through its U.S. subsidiary, Intellinx Software, Inc., and maintains a network of distributors and partners across North America, Latin America, Europe, South Africa, and the Asia-Pacific.

NextNine

Series C in 2006
NextNine Ltd. is a developer of operational technology security management software, focusing on the protection of industrial and critical infrastructure from cyber security threats. The company's flagship platform facilitates centralized security management for SCADA and ICS environments, addressing vulnerabilities specific to proprietary processes and networks. NextNine's solutions are tailored for sectors such as oil, gas, mining, chemicals, energy, manufacturing, and defense, where the need for remote maintenance and support increases susceptibility to cyber attacks. In addition to its core security software, NextNine offers remote product service, technical support, training, and consulting. With over 6,000 global installations, the company has established itself as a leader in OT security, recognized for its contributions to enhancing cyber security in critical infrastructure. NextNine is headquartered in New York and has been a subsidiary of Honeywell International since 2017.

SintecMedia

Series C in 2006
SintecMedia Ltd. engages in the design and implementation of management systems for the broadcast, cable, and satellite industries. It offers OnAir, a broadcast management system, which manages airtime sales, traffic, programming, and promotion campaigns. The company also provides system configuration, data migration, training, integration, support and maintenance, and project management services. Its product is used in various networks in North America, Europe, and Asia. The company was founded in 2000 and is based in New York, New York with additional offices in Denver, Toronto, London, and Jerusalem. SintecMedia Ltd. is a former subsidiary of Sintec Advanced Technologies, Ltd.

Provigent

Series C in 2005
Provigent Inc. is a fabless semiconductor company specializing in system-on-a-chip (SoC) solutions tailored for fixed wireless networks, private wireless networks, and cellular infrastructure. Founded in 2000 and headquartered in Santa Clara, California, the company offers a range of products, including the PVG610 SoC for broadband wireless transmission, the PVG610X SoC for dual orthogonally polarized signal transmission, and the PVG310, which integrates baseband functionality for point-to-point broadband systems. Additionally, Provigent provides development kits such as the PVG9610, which supports the development of systems based on the PVG610 SoC, and the PVG350MDK, designed for wireless point-to-point applications. The company’s products are used in various applications, including cellular backhaul networks and fixed wireless transmission, contributing to enhanced internet connectivity solutions.

NextNine

Venture Round in 2005
NextNine Ltd. is a developer of operational technology security management software, focusing on the protection of industrial and critical infrastructure from cyber security threats. The company's flagship platform facilitates centralized security management for SCADA and ICS environments, addressing vulnerabilities specific to proprietary processes and networks. NextNine's solutions are tailored for sectors such as oil, gas, mining, chemicals, energy, manufacturing, and defense, where the need for remote maintenance and support increases susceptibility to cyber attacks. In addition to its core security software, NextNine offers remote product service, technical support, training, and consulting. With over 6,000 global installations, the company has established itself as a leader in OT security, recognized for its contributions to enhancing cyber security in critical infrastructure. NextNine is headquartered in New York and has been a subsidiary of Honeywell International since 2017.

Provigent

Series C in 2004
Provigent Inc. is a fabless semiconductor company specializing in system-on-a-chip (SoC) solutions tailored for fixed wireless networks, private wireless networks, and cellular infrastructure. Founded in 2000 and headquartered in Santa Clara, California, the company offers a range of products, including the PVG610 SoC for broadband wireless transmission, the PVG610X SoC for dual orthogonally polarized signal transmission, and the PVG310, which integrates baseband functionality for point-to-point broadband systems. Additionally, Provigent provides development kits such as the PVG9610, which supports the development of systems based on the PVG610 SoC, and the PVG350MDK, designed for wireless point-to-point applications. The company’s products are used in various applications, including cellular backhaul networks and fixed wireless transmission, contributing to enhanced internet connectivity solutions.

Breach Security

Series A in 2004
Breach Security, Inc., founded in 2004, specialized in providing real-time, continuous security solutions for web applications. The company focused on protecting sensitive web-based information from hacking attacks and data leakage, ensuring that applications functioned as intended. Breach Security's innovative products were designed to maintain the integrity of web applications in an increasingly digital landscape. Subsequently, the company was acquired by Trustwave Holdings, Inc., enhancing its capabilities within the cybersecurity sector.

TheNewsMarket

Series B in 2004
The NewsMarket, Inc. operates a Web-based video marketing and distribution platform. The company's platform enables corporations, government agencies, and non-profit organizations to market and share their video content with media, blogs, consumers, and online communities. It offers stories, videos, audios, and stills in the categories of aerospace and defense, agriculture, automotive and transportation, business and industry, charities and non-profits, countries-cities, education, energy, entertainment, environment, climate change, fashion, government and international affairs, green, health care, human interests, public service announcements, science, sports, technology, Internet, telecommunications, trade shows, and travel and leisure. The company was founded in 2000 and is headquartered in New York, New York with additional offices in Beijing, Delhi, Dubai, London, San Francisco, Munich, Singapore, Hong Kong, and Mumbai. After acquiring MediaLink in 2009, The NewsMarket rebranded as [Synaptic Digital](/organization/synaptic-digital).

Atrica

Series D in 2003
Atrica specializes in providing carrier Ethernet solutions tailored for metropolitan area networks. The company's product lineup includes core switches, aggregation switches, edge switches, and a service platform specifically designed for Ethernet networks. Atrica also offers a range of services such as Ethernet Internet access, Ethernet transparent LAN, T1 private line, Ethernet private line, and Ethernet private network services. Its solutions cater to various clients, including incumbent local service providers, competitive carriers, cable operators, and enterprises, enhancing their network capabilities and broadband offerings for both business and residential customers.

Gilian Technologies

Series C in 2003
Gilian Technologies a global technology leader in web security, arms businesses against the critical epidemic of website vandalism and sabotage. Gilian's G-Server is an ExitControl solution that keeps web sites accurate and available regardless of the origin of a security breach.

Sagitta

Series B in 2002
Sagitta Ltd. is a technology-based equipment supplier for the fiber optics and semiconductor industries. A core holding of patented technologies in precision automation, machine vision and sub micron polishing has led to the introduction of multiple systems into these markets. The company has introduced the Gemini product series, a platform first in the fiber optics market to integrate the processes of polishing, cleaning and optical metrology on a single platform. Already a leader in failure analysis equipment for the semiconductor and media fields, Sagitta provides an award-winning suite of sample preparation tools used for cross sectional, SEM or TEM semiconductor inspection.

SintecMedia

Series B in 2002
SintecMedia Ltd. engages in the design and implementation of management systems for the broadcast, cable, and satellite industries. It offers OnAir, a broadcast management system, which manages airtime sales, traffic, programming, and promotion campaigns. The company also provides system configuration, data migration, training, integration, support and maintenance, and project management services. Its product is used in various networks in North America, Europe, and Asia. The company was founded in 2000 and is based in New York, New York with additional offices in Denver, Toronto, London, and Jerusalem. SintecMedia Ltd. is a former subsidiary of Sintec Advanced Technologies, Ltd.

CanFite BioPharma

Venture Round in 2002
Can-Fite BioPharma (TASE:CFBI; NYSE MKT:CANF) is an Israeli biopharmaceutical company with fully integrated pharmaceutical discovery and clinical development capabilities. The company has an advanced pipeline of proprietary compounds in phase 2 and 3 clinical development stage, which address autoimmune-inflammatory and cancer diseases.
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