JVP hires two venture partners

The Israeli venture capital firm has hired two venture partners to work on transactions in the US, UK and Israel.

(PrivateEquityCentral.net) Israeli venture capital firm Jerusalem Venture Partners announced it hired former Siebel Systems executive Alex Ott and Precise Software Solutions co-founder Haim Kopans as venture partners.


The two will focus on the software industry with Ott in the firm’s New York and London offices, while Kopans will serve in the Jerusalem office.


Ott joins the firm from Siebel Systems, where he was in charge of the company’s business in the Americas. He also helped the company build a presence in Europe, Africa, and the Middle East. Ott has already served JVP as an advisor.


Kopnas joins the firm from Precise, which he founded in 1990 and served as chief technology officer. JVP was the largest shareholder in the business, which went public in 2000. He also served as an advisor to JVP. Prior to joining Precise, he served as a consultant to SCP Systems and as a systems analyst for the Israeli Defense Forces.


“We are extremely fortunate that these distinguished industry veterans have chosen to join JVP,” Erel Margalit, founder and managing parent of JVP, said in the statement. “Both Ott and Kopans possess a keen sense of market drivers and innovation in the sector.”


Last August, JVP promoted chief financial officer and chief operating officer Michael Carus and principal Laurel Bowden to general partner.


Jerusalem Venture Partners focuses on early-stage companies in six core areas: carrier equipment, components/semiconductors, communications and enterprise software, enterprise networking, and services. Founded in 1993, Jerusalem Venture Partners has more than $650m under management, and a global network of limited partners including Boeing, France Telecom, Nortel, and Reuters.