Former Informatica CISO to bring customer perspective to building and advising YL Ventures portfolio
SAN FRANCISCO & TEL AVIV, Israel–(BUSINESS WIRE)–October 29, 2019–
YL Ventures, the prominent seed-stage Silicon Valley venture capital firm investing in Israeli cybersecurity startups, today announced that Roger Hale, former CISO (Chief Information Security Officer) of Informatica is joining the YL Ventures team as CISO-in-Residence.
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Roger Hale, CISO-in-Residence at YL Ventures (Photo: Business Wire)
This move is intended to bolster the firm’s value-add services to entrepreneurs, both pre- and post-investment, as well as the investment process itself. Hale’s presence will further distinguish YL Ventures’ services to entrepreneurs in the embryonic stages of their startups through ideation support and validating their value propositions. Hale will moreover provide the firm’s portfolio companies with a first-hand understanding of customer needs and share seasoned expertise on how to sell cybersecurity products to global enterprises.
Prior to joining YL Ventures, Hale served as Vice President and Chief Information Security Officer at Informatica, an enterprise cloud data management company with more than $1 billion in annual revenues. Hale comes to YL Ventures with more than 30 years of experience working in hi-tech and brings a proven vision for balancing third-party risk, product scalability, and customer advocacy to enterprise security. He has an established track record of delivering effective cybersecurity strategies and aligning information life-cycle management with business objectives, information assurance and risk management.
Hale’s role at YL Ventures will be multifaceted and leverage his considerable reputation and network. He will work directly with entrepreneurs, pre-investment, to cultivate their ideation processes and shine a light on the cybersecurity market’s green field opportunities. In addition to vetting investment candidates, Hale will support the firm’s existing portfolio companies in their early go-to-market processes and optimize their early-stage success in closing paying customers.
Bringing Hale onboard as a fulltime CISO is the next step to YL Ventures’ existing practice of leveraging world-renowned cybersecurity experts to provide mentorship and support to early-stage Israeli entrepreneurs. It is a progression from his long-established working relationship with YL Ventures and its portfolio companies as one of its 70 and counting Venture Advisors - an experience that Hale contends convinced him to accept the offered position on the spot.
“I’ve always admired YL Ventures’ open-door policy to aspiring startups and am excited to steer the cybersecurity marketplace from an early stage as a participant in the firm’s inimitable ideation support process,” commented Hale. “I’m looking forward to many upcoming visits to the industry’s innovative nerve center, meeting its up-and-coming entrepreneurs, and familiarizing myself with Israel’s hi-tech ecosystem.”
“We’re on a mission to help startups, far beyond funding, by leveraging our extensive network, which currently consists of over 2,000 high-profile cybersecurity leaders, and our entire multi-disciplinary team, from business development practitioners to analysts and marketers. These assets empower us to get start-ups off the ground with an unparalleled competitive advantage and the highest tier of professional mentorship,” said YL Ventures Managing Partner, Yoav Leitersdorf. “Roger has an incredible track record and vision. We can’t think of a better fit for this position and can’t wait to see how his expertise and experience play into our formula on a full-time basis.”
About YL Ventures
YL Ventures funds and supports brilliant Israeli tech entrepreneurs from seed to lead. With headquarters in Silicon Valley and satellite offices in Tel Aviv, YL Ventures manages $260 million and specializes in cybersecurity. YL Ventures accelerates the evolution of portfolio companies via strategic advice and U.S.-based operational execution, leveraging a powerful network of CISOs and global industry leaders. The firm’s track record includes successful, high-profile portfolio company acquisitions by major corporations including Palo Alto Networks, Microsoft, CA and Proofpoint. Learn more at www.ylventures.com.
Heading the fund is Silicon Valley-based Managing Partner Yoav Andrew Leitersdorf, a serial entrepreneur and early-stage investor for over 25 years. Yoav works alongside Partner John Brennan in the U.S., while Partner & Head of Israeli Office Ofer Schreiber leads the Tel Aviv office together with VP of Marketing, Sharon Seemann. With a team of 12 spread across two offices, YL Ventures has engrained itself in both the U.S. and Israeli cybersecurity ecosystems.
Montner Tech PR