Viola Group

Viola Group is Israel's technology-focused investment group that operates a multi-strategy platform to support technology entrepreneurs from early stage to growth. Based in Herzliya and founded in 2000, the group manages over $3 billion in assets and oversees several specialized units, including Viola Ventures (early-stage venture capital), Viola Growth (growth capital), Viola Credit (private credit), Viola Partners (private investor fund), and Viola FinTech (cross-stage fintech investments). Viola Group primarily backs Israeli technology companies and related ventures, while also pursuing global opportunities. The firm provides more than capital by offering strategic guidance, board participation, and access to a broad international network to help portfolio companies scale in software, cybersecurity, fintech, AI, semiconductors, and other tech-enabled sectors. The approach emphasizes long-term value creation through investments across multiple stages and active portfolio support.

Yael Alroy

Principal

Itzik Avidor

CFO and Partner

Shlomo Dovrat

Co-Founder and General Partner

Ranit Etzion-Weiss

Analyst

S. Fitzgerald Haney

Partner and Head of Strategic Development

Past deals in TMT

Mush Foods

Seed Round in 2024
Mush Foods is a New York-based food technology company that cultivates edible mushroom mycelium. Its flagship product, 50CUT, integrates seamlessly with real animal meat, reducing the carbon footprint by half while enhancing nutrition and taste.

Multiphy

Series C in 2016
MultiPhy, Ltd. is a fabless semiconductor company based in Ness Ziona, Israel, specializing in the design and development of integrated circuits that leverage digital signal processing for high-speed networks. The company focuses on advanced technologies for optical communications and algorithms, offering a range of complementary metal-oxide semiconductor (CMOS) chips that facilitate direct detection and coherent transmission solutions. MultiPhy develops high-capacity chips, including those capable of 40Gb/s and 100Gb/s data rates, to meet the growing demands of data center connectivity, particularly in response to the surge in video streaming and cloud services. With a team of experts in high-speed digital design, MultiPhy aims to provide cost-effective and high-performance solutions for next-generation networks. The company has established a strategic partnership with Semtech Corporation and operates additional offices in Palo Alto, California.

Perfecto Mobile

Series E in 2015
Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Perfecto Mobile

Series D in 2014
Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

RR Media

Post in 2014
RR Media is a leading provider of delivery, production, content management, and end-to-end transmission services for over 630 TV, radio, and data channels. Established in 1981 by David Rivel, the company operates a comprehensive communications network that includes satellite, fiber, and Internet systems. RR Media is licensed to operate in Israel, the USA, and the UK, ensuring compliance with regional regulations. The company employs over 300 professionals with expertise in video delivery and content workflows. Since 2002, RR Media has upheld ISO 9001 quality standards for its satellite services, which include uplink, downlink, and turnaround capabilities. Additionally, RR Media has formed strategic partnerships with notable public holding companies, enhancing its market presence and service offerings.

RR Media

Post in 2013
RR Media is a leading provider of delivery, production, content management, and end-to-end transmission services for over 630 TV, radio, and data channels. Established in 1981 by David Rivel, the company operates a comprehensive communications network that includes satellite, fiber, and Internet systems. RR Media is licensed to operate in Israel, the USA, and the UK, ensuring compliance with regional regulations. The company employs over 300 professionals with expertise in video delivery and content workflows. Since 2002, RR Media has upheld ISO 9001 quality standards for its satellite services, which include uplink, downlink, and turnaround capabilities. Additionally, RR Media has formed strategic partnerships with notable public holding companies, enhancing its market presence and service offerings.

Perfecto Mobile

Series C in 2012
Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

myThings

Series D in 2012
myThings Inc., established in 2005 and headquartered in Scottsdale, Arizona, specializes in customized programmatic advertising solutions for online retailers. The company, previously known as Swift-Find, Inc., is renowned globally for its conversion-driven, personalized display advertising, which drives sales growth for top-tier European retailers such as Littlewoods, Zalando, and Microsoft Store. myThings' platform employs retargeting, pre-targeting, and look-alike targeting to generate over 150% uplift compared to industry standards, personalizing over a billion banner impressions monthly across 14 markets. It leverages real-time bidding (RTB) technology, processing half a billion RTB requests daily, and collaborates with leading RTB exchanges like Google DoubleClick and AppNexus. myThings was recognized as the 2011 E-consultancy Innovation in Affiliate Marketing Award winner and ranked #5 among Europe's fastest-growing digital media companies by Media Momentum.

Matomy

Private Equity Round in 2011
Matomy is a prominent media company that specializes in advanced advertising technology. The company offers tailored programmatic and performance solutions, leveraging big data analytics and proprietary platforms to optimize advertising efforts. By focusing on the specific needs of advertisers and media partners, Matomy aims to help them achieve and exceed their growth objectives in a dynamic market environment. The integration of sophisticated technology and data-driven insights positions Matomy as a leader in the advertising industry.

Perfecto Mobile

Series B in 2011
Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

myThings

Series C in 2010
myThings Inc., established in 2005 and headquartered in Scottsdale, Arizona, specializes in customized programmatic advertising solutions for online retailers. The company, previously known as Swift-Find, Inc., is renowned globally for its conversion-driven, personalized display advertising, which drives sales growth for top-tier European retailers such as Littlewoods, Zalando, and Microsoft Store. myThings' platform employs retargeting, pre-targeting, and look-alike targeting to generate over 150% uplift compared to industry standards, personalizing over a billion banner impressions monthly across 14 markets. It leverages real-time bidding (RTB) technology, processing half a billion RTB requests daily, and collaborates with leading RTB exchanges like Google DoubleClick and AppNexus. myThings was recognized as the 2011 E-consultancy Innovation in Affiliate Marketing Award winner and ranked #5 among Europe's fastest-growing digital media companies by Media Momentum.

Snaptu

Series B in 2010
Snaptu, formerly known as Moblica, is a company dedicated to enhancing mobile web access for users around the globe. It provides online solutions designed for mobile devices, focusing on transforming websites into mobile applications. This enables a seamless and efficient browsing experience for users, regardless of the type of mobile phone they possess. Snaptu's services cater to a diverse clientele, including online service providers, media companies, content owners, mobile network operators, content aggregators, and system integrators, thereby playing a significant role in the evolution of mobile internet accessibility.

Multiphy

Series B in 2010
MultiPhy, Ltd. is a fabless semiconductor company based in Ness Ziona, Israel, specializing in the design and development of integrated circuits that leverage digital signal processing for high-speed networks. The company focuses on advanced technologies for optical communications and algorithms, offering a range of complementary metal-oxide semiconductor (CMOS) chips that facilitate direct detection and coherent transmission solutions. MultiPhy develops high-capacity chips, including those capable of 40Gb/s and 100Gb/s data rates, to meet the growing demands of data center connectivity, particularly in response to the surge in video streaming and cloud services. With a team of experts in high-speed digital design, MultiPhy aims to provide cost-effective and high-performance solutions for next-generation networks. The company has established a strategic partnership with Semtech Corporation and operates additional offices in Palo Alto, California.

ECI Telecom

Debt Financing in 2010
ECI Telecom Group Ltd. is a provider of elastic network solutions tailored for service providers, utilities, and data center/cloud operators. Founded in 1961 and based in Petah Tikva, Israel, the company specializes in a diverse range of products, including optical and packet systems, NFV solutions, and comprehensive network management tools. ECI's offerings support critical industries such as transportation, defense, and telecommunications, facilitating services like 5G mobile backhaul, metro aggregation, and optical networking. The company also emphasizes cybersecurity and provides professional services that cover planning, implementation, and operational support. ECI's hybrid virtualization platform and modular software suite enable communication service providers to streamline operations and enhance service delivery, ensuring their networks are adaptable and secure for current and future demands.

Velti

Debt Financing in 2010
Velti is a leading global provider of mobile marketing and advertising technology solutions. The company specializes in enabling brands, advertising agencies, and mobile operators to create highly targeted, interactive, and measurable marketing campaigns. Velti's platform facilitates communication and engagement with consumers through their mobile devices, allowing businesses to effectively reach and convert targeted audiences. Additionally, Velti supports ongoing customer relationships via mobile channels, ensuring continued engagement and retention. By integrating both mobile and traditional media, Velti empowers its clients to optimize their marketing strategies and enhance consumer interactions.

Multiphy

Series A in 2009
MultiPhy, Ltd. is a fabless semiconductor company based in Ness Ziona, Israel, specializing in the design and development of integrated circuits that leverage digital signal processing for high-speed networks. The company focuses on advanced technologies for optical communications and algorithms, offering a range of complementary metal-oxide semiconductor (CMOS) chips that facilitate direct detection and coherent transmission solutions. MultiPhy develops high-capacity chips, including those capable of 40Gb/s and 100Gb/s data rates, to meet the growing demands of data center connectivity, particularly in response to the surge in video streaming and cloud services. With a team of experts in high-speed digital design, MultiPhy aims to provide cost-effective and high-performance solutions for next-generation networks. The company has established a strategic partnership with Semtech Corporation and operates additional offices in Palo Alto, California.

Velti

Debt Financing in 2009
Velti is a leading global provider of mobile marketing and advertising technology solutions. The company specializes in enabling brands, advertising agencies, and mobile operators to create highly targeted, interactive, and measurable marketing campaigns. Velti's platform facilitates communication and engagement with consumers through their mobile devices, allowing businesses to effectively reach and convert targeted audiences. Additionally, Velti supports ongoing customer relationships via mobile channels, ensuring continued engagement and retention. By integrating both mobile and traditional media, Velti empowers its clients to optimize their marketing strategies and enhance consumer interactions.

myThings

Series B in 2008
myThings Inc., established in 2005 and headquartered in Scottsdale, Arizona, specializes in customized programmatic advertising solutions for online retailers. The company, previously known as Swift-Find, Inc., is renowned globally for its conversion-driven, personalized display advertising, which drives sales growth for top-tier European retailers such as Littlewoods, Zalando, and Microsoft Store. myThings' platform employs retargeting, pre-targeting, and look-alike targeting to generate over 150% uplift compared to industry standards, personalizing over a billion banner impressions monthly across 14 markets. It leverages real-time bidding (RTB) technology, processing half a billion RTB requests daily, and collaborates with leading RTB exchanges like Google DoubleClick and AppNexus. myThings was recognized as the 2011 E-consultancy Innovation in Affiliate Marketing Award winner and ranked #5 among Europe's fastest-growing digital media companies by Media Momentum.

Radcom

Debt Financing in 2008
RADCOM Ltd. is a provider of service assurance and customer experience management solutions tailored for communication service providers (CSPs). Founded in 1985 and headquartered in Tel Aviv, Israel, the company specializes in next-generation mobile and fixed network solutions, including those for LTE, VoLTE, IMS, VoIP, and mobile broadband. RADCOM's carrier-grade offerings are designed to handle terabit data bandwidths, facilitating data analytics and preventing revenue leakage for service providers. Its product suite includes RADCOM Service Assurance, which enables comprehensive monitoring of data and voice quality, as well as RADCOM Network Visibility, an automated orchestration solution that enhances traffic management and network visibility. Additionally, the RADCOM Network Insights tool provides CSPs with actionable business intelligence. With a strong presence in North America and offices in multiple countries, RADCOM is positioned to support operators transitioning to 5G and to adapt to evolving market demands while maintaining high-quality network performance.

Ethos Networks

Series A in 2007
Ethos Networks specializes in the development of Ethernet protocol-based switches tailored for metro transport networks. The company facilitates the migration of legacy systems to Carrier Ethernet, promoting operational simplicity and cost-effectiveness for service providers. Its Carrier Ethernet switches, paired with an intuitive Domain Management System, deliver a pure-packet transport solution while ensuring high service availability and operational reliability akin to traditional SONET/SDH systems. Ethos Networks employs patented traffic engineering technology to meet the stringent quality-of-service demands of critical applications such as mobile backhaul and voice and video services. With a focus on innovation, the privately held company leverages extensive expertise in Ethernet and carrier networks to provide effective and efficient solutions to its customers.

Perfecto Mobile

Series A in 2007
Perfecto Mobile Ltd., established in 2006, operates a cloud-based platform for software testing across web, mobile, and IoT devices. Headquartered in Minneapolis, Minnesota, with offices in Israel, UK, and Germany, the company offers Continuous Quality Lab for building, testing, optimizing, and monitoring mobile apps' usability and performance. Its DevTunnel tool facilitates debugging of mobile and web applications. Perfecto also provides remote browser and device testing solutions, enterprise-grade security, professional services like QuickStart and black belt programs, and test automation, performance testing, and mobile monitoring solutions. Serving Fortune 500 companies across industries worldwide, Perfecto Mobile operates as a subsidiary of Perforce Software Inc., following its acquisition in 2018.

Followap

Debt Financing in 2006
Followap was a pioneering provider of mobile instant messaging and presence solutions, founded by Dan Volach and Ben Volach in 1999. The company played a significant role in the mobile industry, enabling over 20 major mobile operators to offer advanced, interoperable messaging services, which catered to a user base of more than 200 million subscribers. Followap launched the first commercial mobile messenger service in 2000 in partnership with Eircell, Ireland's largest mobile network. The company held numerous patents and actively contributed to standardization efforts in several industry forums. It collaborated with prominent device manufacturers such as Samsung, Nokia, and LG, and worked with key clients including the Vodafone Group and Turkcell. Followap's innovations in mobile messaging laid the groundwork for popular services like WhatsApp and WeChat, particularly after the rise of smartphones. The company's interconnect products supported the global adoption of instant messaging across networks. Followap was headquartered in London, with additional offices in Europe, the United States, and Asia, until its acquisition by Neustar.

XMPie

Debt Financing in 2006
XMPie is a developer of variable data publishing and web-to-print marketing software that serves enterprises, advertising agencies, and commercial digital printers. The company specializes in creating solutions that enhance personalized marketing efforts, offering tools for campaign management and cross-media integration. XMPie's software enables users to produce customized print and digital materials efficiently. As a subsidiary of Xerox Corporation, XMPie leverages its extensive resources and expertise to deliver innovative solutions in the marketing technology space.

Provigent

Debt Financing in 2006
Provigent Inc. is a fabless semiconductor company specializing in system-on-a-chip (SoC) solutions for fixed wireless networks, private wireless networks, and cellular infrastructure markets. Founded in 2000 and headquartered in Santa Clara, California, the company develops a range of products, including the PVG610 SoC for broadband wireless transmission systems and the PVG610X SoC, which enables the transmission and reception of two orthogonally polarized signals at the same RF carrier frequency. Additionally, Provigent offers the PVG310, which integrates baseband functionality for point-to-point broadband wireless systems. The company also provides development kits, such as the PVG9610, to support the creation of systems based on its SoCs, as well as the PVG350MDK modem development kit for wireless point-to-point applications. Provigent's products are utilized in various applications, including cellular/WiMAX backhaul networks and fixed wireless transmission, contributing to enhanced internet connectivity solutions.

myThings

Series A in 2006
myThings Inc., established in 2005 and headquartered in Scottsdale, Arizona, specializes in customized programmatic advertising solutions for online retailers. The company, previously known as Swift-Find, Inc., is renowned globally for its conversion-driven, personalized display advertising, which drives sales growth for top-tier European retailers such as Littlewoods, Zalando, and Microsoft Store. myThings' platform employs retargeting, pre-targeting, and look-alike targeting to generate over 150% uplift compared to industry standards, personalizing over a billion banner impressions monthly across 14 markets. It leverages real-time bidding (RTB) technology, processing half a billion RTB requests daily, and collaborates with leading RTB exchanges like Google DoubleClick and AppNexus. myThings was recognized as the 2011 E-consultancy Innovation in Affiliate Marketing Award winner and ranked #5 among Europe's fastest-growing digital media companies by Media Momentum.

Whale Communications

Debt Financing in 2006
Whale Communications Ltd. provides business-driven secure access products. It provides secure access products, including secure sockets layer virtual private networks, and Web application firewalls, as well as application security, and endpoint security offerings. Whale's solutions provide remote access, content inspection, and granular access control. It enables businesses to protect corporate applications and data when accessed remotely by mobile workers, partners, and customers. Whale's Intelligent Application Gateway products enable various employees, business partners, and customer users to securely and easily access their critical business applications and resources. The Intelligent Application Gateway Express Edition provides secure remote access through the browser to widely used enterprise applications for a small number of users. It offers organizations out-of-the-box functionality and straightforward integration with existing enterprise directories, authentication schema, and Web Single Sign On. Whale's flagship Intelligent Application Gateway Enterprise Edition, is an application access and security appliance, designed to support an unlimited number of users in various configurations with independent policy sets. It offers professional services and training. The company serves Fortune 500 and Global 1000 companies, as well as government and public sector organizations. Whale Communications Ltd. was founded in 1998 and is headquartered in Fort Lee, New Jersey, with additional offices in Germany, the United Kingdom, the Netherlands, and Israel, and representation in France.

CopperGate Communications

Series C in 2005
CopperGate Communications develops chipsets designed to revolutionize home networking, providing the only currently available standards-based technology for multimedia networking in the home over existing wires. CopperGate works with the world's leading system manufacturers to deliver the only products that operate over both phone lines and coax cables on a single network enabling consumers to conveniently connect equipment to broadband services throughout the home.

Followap

Series C in 2005
Followap was a pioneering provider of mobile instant messaging and presence solutions, founded by Dan Volach and Ben Volach in 1999. The company played a significant role in the mobile industry, enabling over 20 major mobile operators to offer advanced, interoperable messaging services, which catered to a user base of more than 200 million subscribers. Followap launched the first commercial mobile messenger service in 2000 in partnership with Eircell, Ireland's largest mobile network. The company held numerous patents and actively contributed to standardization efforts in several industry forums. It collaborated with prominent device manufacturers such as Samsung, Nokia, and LG, and worked with key clients including the Vodafone Group and Turkcell. Followap's innovations in mobile messaging laid the groundwork for popular services like WhatsApp and WeChat, particularly after the rise of smartphones. The company's interconnect products supported the global adoption of instant messaging across networks. Followap was headquartered in London, with additional offices in Europe, the United States, and Asia, until its acquisition by Neustar.

Followap

Series C in 2005
Followap was a pioneering provider of mobile instant messaging and presence solutions, founded by Dan Volach and Ben Volach in 1999. The company played a significant role in the mobile industry, enabling over 20 major mobile operators to offer advanced, interoperable messaging services, which catered to a user base of more than 200 million subscribers. Followap launched the first commercial mobile messenger service in 2000 in partnership with Eircell, Ireland's largest mobile network. The company held numerous patents and actively contributed to standardization efforts in several industry forums. It collaborated with prominent device manufacturers such as Samsung, Nokia, and LG, and worked with key clients including the Vodafone Group and Turkcell. Followap's innovations in mobile messaging laid the groundwork for popular services like WhatsApp and WeChat, particularly after the rise of smartphones. The company's interconnect products supported the global adoption of instant messaging across networks. Followap was headquartered in London, with additional offices in Europe, the United States, and Asia, until its acquisition by Neustar.

Whale Communications

Debt Financing in 2004
Whale Communications Ltd. provides business-driven secure access products. It provides secure access products, including secure sockets layer virtual private networks, and Web application firewalls, as well as application security, and endpoint security offerings. Whale's solutions provide remote access, content inspection, and granular access control. It enables businesses to protect corporate applications and data when accessed remotely by mobile workers, partners, and customers. Whale's Intelligent Application Gateway products enable various employees, business partners, and customer users to securely and easily access their critical business applications and resources. The Intelligent Application Gateway Express Edition provides secure remote access through the browser to widely used enterprise applications for a small number of users. It offers organizations out-of-the-box functionality and straightforward integration with existing enterprise directories, authentication schema, and Web Single Sign On. Whale's flagship Intelligent Application Gateway Enterprise Edition, is an application access and security appliance, designed to support an unlimited number of users in various configurations with independent policy sets. It offers professional services and training. The company serves Fortune 500 and Global 1000 companies, as well as government and public sector organizations. Whale Communications Ltd. was founded in 1998 and is headquartered in Fort Lee, New Jersey, with additional offices in Germany, the United Kingdom, the Netherlands, and Israel, and representation in France.

ECI Telecom

Private Equity Round in 2001
ECI Telecom Group Ltd. is a provider of elastic network solutions tailored for service providers, utilities, and data center/cloud operators. Founded in 1961 and based in Petah Tikva, Israel, the company specializes in a diverse range of products, including optical and packet systems, NFV solutions, and comprehensive network management tools. ECI's offerings support critical industries such as transportation, defense, and telecommunications, facilitating services like 5G mobile backhaul, metro aggregation, and optical networking. The company also emphasizes cybersecurity and provides professional services that cover planning, implementation, and operational support. ECI's hybrid virtualization platform and modular software suite enable communication service providers to streamline operations and enhance service delivery, ensuring their networks are adaptable and secure for current and future demands.

XMPie

Debt Financing in 2001
XMPie is a developer of variable data publishing and web-to-print marketing software that serves enterprises, advertising agencies, and commercial digital printers. The company specializes in creating solutions that enhance personalized marketing efforts, offering tools for campaign management and cross-media integration. XMPie's software enables users to produce customized print and digital materials efficiently. As a subsidiary of Xerox Corporation, XMPie leverages its extensive resources and expertise to deliver innovative solutions in the marketing technology space.
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