We have been the earliest investor with dozens of
teams that have dared to pursue their vision

 

Many have created and led new markets
by redefining the possible

 

All have inspired us in some important way

Our Portfolio

Mellanox

Mellanox

A kite boarder and scuba diver with a master’s degree in electrical engineering, Eyal Waldman co-founded Galileo Technology with Avigdor Willenz after designing microprocessors at Intel for four years. Galileo was acquired by Marvell. Equipped with significant expertise in high peformance switching and microprocessor design, Eyal, Roni, and their friends Shai Cohen and Michael Kagen shifted their attention to solving the performance bottleneck that had been created in embedded systems by the “PCI express bus”. Mellanox raised their series A in 1999 from Chris Rust and Irwin Federman, and quickly established operations in Yokneam, Israel and Sunnyvale, California. The company weathered the 01/02 downturn, stayed true to their mission of delivering the highest performance solutions over many product generations, and went public in 2007. The Mellanox founding team has since grown the company into a global leader of high performance networking solutions.

  • Founded: 1999
  • Round Partnered: Series A
  • Year Partnered: 1999
  • Fund: Prior Art
  • Clear Partner(s): Chris Rust
  • Status: IPO
  • Date of IPO: 2007
  • Ticker Symbol: MLNX
  • Market Cap at IPO: $ 500,000,000
  • Peak Market Cap: $ 5,459,007,921
Both Chris Rust and Rajeev Madahavan were involved in different capacities during the earliest days of Mellanox and contributed to our success. Both understood the far-reaching implications of the technology we were creating and their support helped turn that vision into reality. Mellanox continues to grow and make the world a better place to this day.
Eyal Waldman, Founder & CEO

Results

The 4 companies our team co-founded produced over $1.7 billion of market cap from 2 IPOs and 2 acquisitions

The 50+ early-stage companies we funded produced over $52 billion of market cap from 34 exits, with 8 going from seed/series A to IPO, 24 acquisitions

Some of our greatest learnings and closest personal partnerships have come from our losses

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