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Veritas Venture Partners was selected as an "approved venture capital fund" by the Israel Government's "Heznek" ("Acceleration") Fund

Date: Tuesday, October 15, 2002
15 October 2002 - Herzliya, Oct. 15 - Veritas Venture Partners was selected yesterday as an “approved venture capital fund” by the Israel Government’s “Heznek” (“Acceleration”) Fund. The Heznek Fund plans to invest NIS 50M (approximately $10M) alongside approved venture capital funds in seed-stage Israeli companies.

Veritas focuses on investments in seed-stage technology-based companies originating in Israel and – through its office in Atlanta - in the Southeast US. Venture funds approved by the Heznek Fund are required to have suitable financial and management oversight capabilities. The approval means that Veritas will be able to bring prospective investment opportunities to the Heznek Fund for co-investment, and to benefit from an option to acquire the Heznek Fund’s stake in the company.
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Veritas Venture Partners
91 Medinat Hayehudim Street
PO Box 2074
Herzliya Pituach 46120
Telephone: +972.9.956.1621
Fax: +972.9.956.1619

Veritas Venture Partners LLC
145 Staghound Court
Alpharetta, GA 30005 USA
Telephone: +1.770.619.0121
Fax: +1.770.619.0191

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