Viola Credit

Viola Credit (formerly known as Plenus) is an Israeli-based growth and venture lending fund, which is part of the Viola Group. The fund invests in growing technology, services and industry companies, and has extended over 100 loans totaling approximately $600 million since its inception in 2000, with over 20 exits to date.

Viola Credit is based in Herzeliya, Israel.

History

Viola Credit was founded in 2000 by the Viola Group, Ruthi Simha and Moti Weiss, and is now managed by Partners Ruthi Simha, Timor Arbel-Sadras, Uri Galai, Assaf Wahrhaft and Ido Vigdor.

ACTIVE Portfolio Companies

Angioslide

Cellwize

ControlUp (Smart-X)

Gigaspaces

RB Doors

TradAir

Apos Therapy

Cerac

Ctera

Ivory

Siano MS

Upstream Commerce

Arava Power

Clarizen

Earnix

Metrolight

Teads

YCD Multimedia

BIScience

ClickTale

ECI Telecom

MyThings

Telit

Bolt Solutions

ColorChip

Feedvisor

ORAD

TerraFlex

CAL Cargo Air Lines

ConnectOne

Flash Networks

PineApp

TheTime

Exits

Company

Exit Notes

Attunity

Fund exercised all warrants to shares and sold these shares in 2012 (NASDAQ:ATTU)

Axerra

Acquired by DragonWave (TSE:DWI) in 2010

BorderFree

IPO in 2014 for $488mm (NASDAQ:BRDR)

Broadlight

Acquired by Broadcom Corporation (NASDAQ: BRCM) in 2012 for $224mm

Business Layers

Acquired by Netegrity in 2003. Computer Associate (NYSE: CA) acquired Netegrity in November 2004

CVidya

Acquired by Amdocs in 2016 for $30 million

CyberArk

JVP and Goldman Sachs led a $40mm investment round in Cyber Ark in 2011. Viola Credit exercised its holdings in the company.

Cyota

Acquired by RSA Security (NASDAQ: RSAS) in 2005 for $145mm

DesignArt Networks

Acquired by Qualcomm in 2012 for $150mm

e-Glue Software

Acquired by NICE in 2010 for approximately $29 million

EZChip

Exchanged for shares in LanOptics in 2010 in a transaction valued at $5mm (NASDAQ:EZCH)

Followap

Acquired by NeuStar Inc. (NYSE: NSR) in 2006 for $139mm.

Identify

Acquired by BMC Software (NYSE: BMC) in 2006 for $150mm

InsureWorx

Acquired by Fiserv (NASDAQ:FISV) in 2006 for $50mm

Matomy

IPO in 2014 on the London STOCK Exchanges’ Main Market (LON:MTMY)

N-trig

Acquired by Microsoft Corporation (Nasdaq: MSFT) in 2015

Odin

Acquired by Medtronic (NYSE:MDT) in 2006 for $9mm

PowerDsine

IPO in 2004 on the NASDAQ raising $70mm. Company was acquired by Microsemi in 2006.

Provigent

Acquired by Broadcom Corporation (Nasdaq: BRCM) in 2011 for $313 million

Radcom

Exercised warrants in 2010 and sold them on Nasdaq (NASDAQ:RDCM)

Redbend

Acquired by HARMAN International Industries (NYSE:HAR) in 2015 for $200mm

RRMedia

Acquired by SES in 2016 for $242.2 million

SodaStream

IPO in 2010 on Nasdaq raising $369mm

StoreAge

Acquired by LSI Logic Corporation (NYSE: LSI) in 2006 for $50mm

SuperDerivatives

Acquired by Intercontinental Exchange, Inc. (ICE) in 2014

Velti

IPO in 2011 on NASDAQ raising $150mm (NASDAQ:VELT)

Whale

Acquired by Microsoft (NASDAQ:MSFT) in 2006 for approximately $70mm

Wintegra

Acquired by PMC Sierra in 2010 for $300mm

XMPie

Acquired by Xerox Corporation (NYSE:XRX) in 2006 for $50mm