GlenRock Israel

GlenRock Israel is a private equity and venture capital firm based in Herzliya, Israel, established in 2003. The firm specializes in growth capital and buyouts of mature medium-sized companies, focusing primarily on investments in life sciences and advanced technology. Its investment strategy encompasses a range of stages, including seed, start-up, early, mid, and late venture transactions. GlenRock Israel targets various sectors such as pharmaceuticals, biotechnology, medical devices, media, agricultural biotechnology, enterprise software, and telecommunications, primarily investing in companies located in Israel. Additionally, the firm invests in other private equity funds and aims to take a board seat in its portfolio companies. As a subsidiary of GlenRock Group, LLC, it combines its in-house expertise with a flexible approach to maximize returns.

Asaf Iram

Managing Partner

Ronit Izraeli

CFO

Assaf Oron

Investment Professional

Shula Recanati

Managing Partner, Investment and Organizational Development

Leon Recanati

Chairman and CEO

36 past transactions

Karamba Security

Series B in 2021
Karamba Security's patented software detects and prevents cyberattacks on a wide variety of connected devices and systems, including automotive ECUs, Industry 4.0 controllers, enterprise edge devices, and IoT endpoints. Karamba's security solutions are embedded within devices and work automatically, without any need for customer operation and with negligible performance impact.

hipix

Venture Round in 2007
Human Monitoring, Ltd. provides software based video processing solutions. The company focuses on offering video and image processing solutions for embedded platforms and PCs. It offers CoDecs for the Philips PNX 13xx, PNX 15xx, and 8550 platforms; Fresco, video mosaics stitching product; Leonardo, a digital video stabilizer; and Mattisse, a PC AVC RT video encoder. The company was founded in 2004 and is based in Givat Hashlosha, Israel.

CyberX

Seed Round in 2014
Funded by Norwest Venture Partners, Qualcomm Ventures and other leading venture firms, CyberX delivers the only cybersecurity platform built by blue-team experts with a track record of defending critical national infrastructure. That difference is the foundation for the most widely deployed platform for continuously reducing IoT/OT risk and preventing costly outages, safety and environmental incidents, theft of intellectual property, and operational inefficiencies. For more information, visit CyberX.io or follow @CyberX_Labs.

Quigo

Venture Round in 2007
Quigo is an ad-targeting network that provides contextual advertising services for many large media websites including ABCNews.com, CNNMoney.com, Forbes.com, and USAToday.com. Quigo is a direct competitor to Google's contextual advertising program, Adsense. Quigo [sold](http://www.techcrunch.com/2007/11/07/aol-buys-quigo-confirmed/) to AOL for $340 million and will become part of its Platform-A advertising solution.

Aquarius Engines, Ltd.

Seed Round in 2015
Aquarius Engines designs, develops, and builds an advanced engine to generate electric power. Its integrated power system overcomes disadvantages of hybrid and electric cars, making them affordable, efficient, and eliminating recharging anxieties. Aquarius Engines’ integrated power system is composed of a combustion engine and an electricity generator. Its product simplifies manufacturing processes and production costs. Aquarius Engines was founded in 2014.

Mempile

Series C in 2005
Mempile developed removable storage technology for the healthcare, public, entertainment, security, financial & business sectors. It focused on developing optical storage that is designed to hold up to one Terabyte of information on a single removable disc. The company offered its products for use in applications, such as home archiving, entertainment, public sector, business compliance, healthcare & video monitoring. Mempile had a development center in the United States & a business development unit in Japan. Mempile was founded in 2000 and was based in Yehuda, Israel. It closed down as of January 2009.

Cylus Cyber Security Ltd.

Private Placement in 2019
Cylus Cyber Security Ltd. develops cyber security solutions for railway industry. The company offers a platform that will allow both public and private owners of railway and metro systems to protect their infrastructure from cyber threats. The company was founded in 2017 and is based in Tel Aviv, Israel.

Outbrain

Series E in 2013
Outbrain (www.outbrain.com) is the leading content discovery platform, reaching a highly engaged audience through distribution on top publisher sites, including CNN, Fox News, Hachette Filipacchi Media, MSNBC and Slate. Outbrain provides publishers a service for recommended links to increase traffic and generate revenue. Outbrain also works with brands and agencies including Starcom, Digitas, Mindshare, American Express, P&G, Colgate-Palmolive, General Mills and Exxon, offering a way to distribute content alongside publisher's own editorial recommendations. Outbrain acquired content recommendation platform Surphace (formerly known as Sphere) in February 2011. Founded in 2006, the company is headquartered in New York with offices in London, San Francisco, Chicago, Washington, DC, Paris, Hamburg and Netanya, Israel, and is backed by Index Ventures, Carmel Ventures, Gemini Israel Funds, GlenRock Israel, Rhodium and Lightspeed Venture Partners.

CyberX

Series A in 2016
Funded by Norwest Venture Partners, Qualcomm Ventures and other leading venture firms, CyberX delivers the only cybersecurity platform built by blue-team experts with a track record of defending critical national infrastructure. That difference is the foundation for the most widely deployed platform for continuously reducing IoT/OT risk and preventing costly outages, safety and environmental incidents, theft of intellectual property, and operational inefficiencies. For more information, visit CyberX.io or follow @CyberX_Labs.

LifeBond

Series C in 2011
LifeBond Ltd. develops and manufactures absorbable bio-surgical medical devices for tissue repair. The company’s products include LifeSeal Surgical Sealant that forms a reinforcement layer to minimize post-operative complications, such as staple-line leakage in bariatric, colorectal, and gastrointestinal procedures, including low anterior resection anastomoses. Its products also include LifeMesh Self-Fixating Mesh that provides secure surgical mesh fixation for inguinal and ventral hernia repair procedures to reduce post-surgical complications, as well as atraumatic fixation of prosthetic mesh for reinforcement of tissue during surgical repair of abdominal wall defects. In addition, the company engages in the development of tissue adhesives and absorbable hemostats. It offers its products in China, the United States, Europe, and internationally. The company was founded in 2006 and is based in Caesarea, Israel.

Karamba Security

Seed Round in 2016
Karamba Security's patented software detects and prevents cyberattacks on a wide variety of connected devices and systems, including automotive ECUs, Industry 4.0 controllers, enterprise edge devices, and IoT endpoints. Karamba's security solutions are embedded within devices and work automatically, without any need for customer operation and with negligible performance impact.

Model 9

Seed Round in 2017
Model9 modernizes mainframe data management and business intelligence in large enterprises and helps them accelerate the adoption of hybrid cloud technologies and benefit from cloud economics. Its patented technology delivers mainframe data to any cloud or on-premise storage platform, eliminating tape and virtual tape, and enabling secure integration with advanced analytics tools. Model9 is trusted by the world's leading financial institutions, government agencies and transportation companies. It is a graduate of the IBM AlphaZone startup program as well as an AWS Advanced Technology Partner.

Digiflex

Series B in 2010
DigiFlex offers a revolutionary inkjet CtP solution, transforming the quality of analog photopolymeric plates for the flexographic, letterpress, dry-offset and rotary silk screen printing technologies, to the digital era. -The first really affordable Computer-to-Plate solution for quality in-house plate making -Ideal for narrow web applications printers -A great motivation to replace the traditional low quality film solution -The propriety, revolutionary, Bi-component ink is the result of years of research by top scientists and technologists with excellent printing industry track

Nurami Medical

Series B in 2020
Nurami Medical Ltd. is a clinical stage medical device company that develops a dural substitute patch, which allows surgeons to replace the damaged dura layer protecting the brain during neurosurgeries. The company focuses on the development of novel solutions for healing of soft tissues after surgery and enhance patient’s recovery. It offers its patch for soft tissue repair markets. The company was founded in 2014 and is headquartered in Haifa, Israel.

Constru

Series A in 2022
Constru brings advanced AI into the construction sector. The solution uses breakthrough computer vision technology to match, then greatly exceed human capabilities in inspection and analysis of the construction process. The platform, already deployed with leading construction companies, assesses execution quality, budget & schedule. Constru thus effectively reduces project risk, improves efficiency and increases return on investment.

Quris

Seed Round in 2022
Quris Technologies is an artificial intelligence (AI) innovator disrupting the pharmaceutical arena.

Lydus Medical

Seed Round in 2021
Lydus Medical is a start-up company that develops a set of tools for anastomosis of small blood vessels. The company was founded in 2017 and is headquartered in Kfar Saba, Israel.

LifeBond

Series D in 2015
LifeBond Ltd. develops and manufactures absorbable bio-surgical medical devices for tissue repair. The company’s products include LifeSeal Surgical Sealant that forms a reinforcement layer to minimize post-operative complications, such as staple-line leakage in bariatric, colorectal, and gastrointestinal procedures, including low anterior resection anastomoses. Its products also include LifeMesh Self-Fixating Mesh that provides secure surgical mesh fixation for inguinal and ventral hernia repair procedures to reduce post-surgical complications, as well as atraumatic fixation of prosthetic mesh for reinforcement of tissue during surgical repair of abdominal wall defects. In addition, the company engages in the development of tissue adhesives and absorbable hemostats. It offers its products in China, the United States, Europe, and internationally. The company was founded in 2006 and is based in Caesarea, Israel.

Quris

Seed Round in 2022
Quris Technologies is an artificial intelligence (AI) innovator disrupting the pharmaceutical arena.

Outbrain

Series A in 2008
Outbrain (www.outbrain.com) is the leading content discovery platform, reaching a highly engaged audience through distribution on top publisher sites, including CNN, Fox News, Hachette Filipacchi Media, MSNBC and Slate. Outbrain provides publishers a service for recommended links to increase traffic and generate revenue. Outbrain also works with brands and agencies including Starcom, Digitas, Mindshare, American Express, P&G, Colgate-Palmolive, General Mills and Exxon, offering a way to distribute content alongside publisher's own editorial recommendations. Outbrain acquired content recommendation platform Surphace (formerly known as Sphere) in February 2011. Founded in 2006, the company is headquartered in New York with offices in London, San Francisco, Chicago, Washington, DC, Paris, Hamburg and Netanya, Israel, and is backed by Index Ventures, Carmel Ventures, Gemini Israel Funds, GlenRock Israel, Rhodium and Lightspeed Venture Partners.

Outbrain

Series C in 2011
Outbrain (www.outbrain.com) is the leading content discovery platform, reaching a highly engaged audience through distribution on top publisher sites, including CNN, Fox News, Hachette Filipacchi Media, MSNBC and Slate. Outbrain provides publishers a service for recommended links to increase traffic and generate revenue. Outbrain also works with brands and agencies including Starcom, Digitas, Mindshare, American Express, P&G, Colgate-Palmolive, General Mills and Exxon, offering a way to distribute content alongside publisher's own editorial recommendations. Outbrain acquired content recommendation platform Surphace (formerly known as Sphere) in February 2011. Founded in 2006, the company is headquartered in New York with offices in London, San Francisco, Chicago, Washington, DC, Paris, Hamburg and Netanya, Israel, and is backed by Index Ventures, Carmel Ventures, Gemini Israel Funds, GlenRock Israel, Rhodium and Lightspeed Venture Partners.

Cylus

Series B in 2021
Cylus was founded to help mainline and urban railway companies avoid safety incidents and service disruptions caused by cyber-attacks. ‍ Cylus offers solutions that are specifically designed to address the unique requirements and needs of the railway industry, enabling to detect cyber threats in signaling and control networks, trackside and onboard, facilitating an effective response before harm happens. ‍ Led by veterans from the elite technological unit of the Israel Defense Forces’ Intelligence Corps, together with top executives from the railway industry, Cylus’ team combines deep expertise in cybersecurity and rail.

Karamba Security

Series A in 2016
Karamba Security's patented software detects and prevents cyberattacks on a wide variety of connected devices and systems, including automotive ECUs, Industry 4.0 controllers, enterprise edge devices, and IoT endpoints. Karamba's security solutions are embedded within devices and work automatically, without any need for customer operation and with negligible performance impact.

Outbrain

Series B in 2009
Outbrain (www.outbrain.com) is the leading content discovery platform, reaching a highly engaged audience through distribution on top publisher sites, including CNN, Fox News, Hachette Filipacchi Media, MSNBC and Slate. Outbrain provides publishers a service for recommended links to increase traffic and generate revenue. Outbrain also works with brands and agencies including Starcom, Digitas, Mindshare, American Express, P&G, Colgate-Palmolive, General Mills and Exxon, offering a way to distribute content alongside publisher's own editorial recommendations. Outbrain acquired content recommendation platform Surphace (formerly known as Sphere) in February 2011. Founded in 2006, the company is headquartered in New York with offices in London, San Francisco, Chicago, Washington, DC, Paris, Hamburg and Netanya, Israel, and is backed by Index Ventures, Carmel Ventures, Gemini Israel Funds, GlenRock Israel, Rhodium and Lightspeed Venture Partners.

Model9 Ltd.

Private Placement in 2020
Model9 Ltd. develops software-defined mainframe backup system for banks, credit card processors, government agencies, ISVs and cloud providers. The company provides solutions, such as replaces existing tape hardware and software without changing daily operations and data management processes. The company was founded in 2015 and is based in Tel Aviv, Israel.

Ecoppia

Venture Round in 2017
Ecoppia Ltd. provides cloud-based, connected platform and a suite of robotic solutions for smart management of solar plants worldwide. Its solutions include Ecoppia E4, a robotic solution for fixed tilt installations; Ecoppia T4, a robotic solution for single axis trackers; Ecoppia Ai, a cloud-based platform; and solar panel cleaning. The company also provides planning services, such as optimization and collaboration; commissioning services, including deployment, training, and acceptance test; predictive and corrective maintenance services; and monitoring and analysis services comprising system performance, weather intelligence, machine learning, and reports and analytics. Ecoppia Ltd. was founded in 2013 and is based in Herzliya, Israel.

Model 9

Series A in 2020
Model9 modernizes mainframe data management and business intelligence in large enterprises and helps them accelerate the adoption of hybrid cloud technologies and benefit from cloud economics. Its patented technology delivers mainframe data to any cloud or on-premise storage platform, eliminating tape and virtual tape, and enabling secure integration with advanced analytics tools. Model9 is trusted by the world's leading financial institutions, government agencies and transportation companies. It is a graduate of the IBM AlphaZone startup program as well as an AWS Advanced Technology Partner.

Outbrain

Seed Round in 2007
Outbrain (www.outbrain.com) is the leading content discovery platform, reaching a highly engaged audience through distribution on top publisher sites, including CNN, Fox News, Hachette Filipacchi Media, MSNBC and Slate. Outbrain provides publishers a service for recommended links to increase traffic and generate revenue. Outbrain also works with brands and agencies including Starcom, Digitas, Mindshare, American Express, P&G, Colgate-Palmolive, General Mills and Exxon, offering a way to distribute content alongside publisher's own editorial recommendations. Outbrain acquired content recommendation platform Surphace (formerly known as Sphere) in February 2011. Founded in 2006, the company is headquartered in New York with offices in London, San Francisco, Chicago, Washington, DC, Paris, Hamburg and Netanya, Israel, and is backed by Index Ventures, Carmel Ventures, Gemini Israel Funds, GlenRock Israel, Rhodium and Lightspeed Venture Partners.

LifeBond

Series A in 2007
LifeBond Ltd. develops and manufactures absorbable bio-surgical medical devices for tissue repair. The company’s products include LifeSeal Surgical Sealant that forms a reinforcement layer to minimize post-operative complications, such as staple-line leakage in bariatric, colorectal, and gastrointestinal procedures, including low anterior resection anastomoses. Its products also include LifeMesh Self-Fixating Mesh that provides secure surgical mesh fixation for inguinal and ventral hernia repair procedures to reduce post-surgical complications, as well as atraumatic fixation of prosthetic mesh for reinforcement of tissue during surgical repair of abdominal wall defects. In addition, the company engages in the development of tissue adhesives and absorbable hemostats. It offers its products in China, the United States, Europe, and internationally. The company was founded in 2006 and is based in Caesarea, Israel.

Nurami Medical

Private Placement in 2020
Nurami Medical Ltd. is a clinical stage medical device company that develops a dural substitute patch, which allows surgeons to replace the damaged dura layer protecting the brain during neurosurgeries. The company focuses on the development of novel solutions for healing of soft tissues after surgery and enhance patient’s recovery. It offers its patch for soft tissue repair markets. The company was founded in 2014 and is headquartered in Haifa, Israel.

GigaTrust

Series E in 2008
GigaTrust is a leading SaaS provider of endpoint email security and document in-use protection for on premise private cloud or private cloud based deployments for Windows, iOS and Android devices. GigaTrust is the largest and oldest provider that enhances and extends Microsoft’s Rights Management Services (RMS) content security solution. Customers rely on GigaTrust’s innovative next generation content security technologies, combined with ease of use and deployment, to enable intellectual property protection and confidentiality. The company’s flagship offering, GigaCloud™, delivers secure email and document collaboration services anytime, anywhere, on virtually any device and any platform with real-time data analytics, reporting and administrative tools. It applies and enforces security permissions down to the digital content level, protecting content from misuse throughout the entire lifecycle—while in transit, at rest and, most importantly "in use”. For more information about GigaTrust, visit www.gigatrust.com.

capitalise.ai

Funding Round in 2019
Capitalise Ltd operates a software financial trading platform for traders to automate trading scenarios using a human language interface. The platform is used by professional traders, day traders, and brokerage firms to gain access to trading automation capabilities, which allow them to create multiple scenarios that run simultaneously and execute automatically without needing to be in front of a computer at all times The company was founded in 2014 and is based in Tel Aviv, Israel.

Treetoscope

Seed Round in 2023
Developer of a commercial device designed to provide real-time measurement of the plant's water consumption. The company's device senses the internal water flow of a plant and directly measures its water consumption and real-time irrigation needs, enabling growers to save water costs, and improve efficiency, yield and resilience.

Academe+

Seed Round in 2022
AcadeMe+ is an online education platform that provides video-based interactive lessons on skills, enriching social, and emotional teaching.