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Finjan invests in Israel-based cybersecurity venture capital fund

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Krystal
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NEW YORK, USA: Finjan Holdings, Inc. announced a strategic investment in an Israel-based venture capital fund (the Fund) that will target early-stage technology companies on the leading edge of cybersecurity innovation. Financial terms of the transaction were not disclosed.

Since its inception, Finjan has raised over $65 million in venture financing for R&D investment in its software security legacy operating business. Having already been awarded a diverse patent portfolio in endpoint, web and network security technologies, Finjan understands the unique challenges start-up companies in the cybersecurity space are facing. This strategic investment in the Fund underscores Finjan's commitment to continued investments in the next wave of innovative security technology development.

By investing in the Fund as part of its overall strategy, Finjan will gain access to innovative new technologies from the earliest stage of seed development through the government-backed incubator program which will be managed by the Fund, as well as later stage investments in more developed technologies. The Fund is managed by a seasoned venture capital franchise with more than twenty years' experience and consistently ranked among the leading venture capital funds in Israel.

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