Gili Raanan Joins Sequoia Capital
Gili Raanan, founder of such companies a nLayers Inc. and Sanctum Inc., has joined Sequoia Capital as a general partner, peHUB has learned. He will work out of the firm's Israel office, which lost partner Yuval Baharav last month. Sequoia recently raised $200 million for its fourth Israel-based fund. Raanan's relationship with Sequoia goes back at least a decade. The venture firm was an initial investor in Sanctum, an e-business security software company that raised $55 million before being acquired by VC-backed Watchfire (itself later bought by IBM). He then went on to found nLayers, which application discovery and mapping software. nLayers got scooped up by EMC in mid-2006, after which Raanan spent a few months as EMC's vice president of strategy.
