Glilot Capital Partners raises $110m

The Israeli venture capital fund has announced a final close of its third investment fund.

Glilot Capital Partners has closed its third investment fund, Glilot III, at $110 million. With a focus on technology start-ups, the Fund employs a similar strategy to its predecessors Glilot I and Glilot II of seeking investment opportunities in artificial intelligence, big data and cyber security.

Founded in 2011, Glilot Capital Partners focuses on early-stage technology firms in the areas of artificial intelligence and big data. Aside from capital investment, the firm also offers support and guidance to entrepreneurs.