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Palo Alto Networks Completes Acquisition of LightCyber

28 February 2017

We are pleased to announce the first exit of Vertex IV Fund. Vertex’s portfolio company, LightCyber, was acquired by Palo Alto Networks, Inc. (NASDAQ: “PANW”) for $105 million. Vertex return from this investment represents a multiple of 2.5x and an IRR of 340% and we are very pleased with the results of this exit. Aviad […]

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Dynamic Yield raises $22M

20 December 2016

Dynamic Yield, a company offering tools to help online businesses deliver personalized experiences, has raised $22 million in series C funding. CEO Liad Agmon told me that he started Dynamic Yield (in 2011) because even existing personalization tools tended to be “point solutions for solving tactical problems.” With Dynamic Yield, on the other hand, Agmon wanted to deliver […]

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Magna taps Innoviz for LiDAR to add to its autonomous driving system

20 December 2016

Global automaker supply leader Magna International is teaming up with LiDAR-maker Innoviz to help fill out its sensor fusion picture for self-driving vehicles, the companies announced Tuesday. The addition of Innoviz’s LiDAR sensor means Magna’s suite now includes carmakers, ultrasonic and RADAR fusion sensing capabilities, which essentially covers the range of available sensing techniques used […]

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AutoMobility LA announces its top 10 startups

22 September 2016

AutoMobility LA, the new name for the press days before the public LA Auto Show in November, has announced the ten startups competing for visibility and mentoring opportunities. The board that chooses the finalists includes executives from companies small and large, new and old: Lyft, Google, NVIDIA, Local Motors, and General Electric, among others. The […]

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The biggest threat facing connected autonomous vehicles is cybersecurity

25 August 2016

One of the biggest threats that society will face as transportation transforms in the coming years is vehicle cybersecurity. It is a topic about which much is still unknown, even among those working at the cutting edge of the industry; vehicle connectivity is a new phenomenon and the technology continues to evolve rapidly. Thankfully, a […]

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Innoviz takes $9M to put the squeeze on solid state Lidar

08 August 2016

The accelerating drive to get autonomous cars on the road is being accompanied by a parallel push to improve Lidar technology, aka the 3D laser-based sensors that can be used for real-time mapping and navigation for vision systems in driverless cars. Shrinking Lidar sensors, engineering out moving parts to beef up robustness and squeezing the per unit cost are seen as key steps to […]

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