Jerusalem Venture Partners (JVP) raised $80 million for the Jerusalem Opportunity Fund, Globes reports. The venture capital firm initially planned to raise $50 million for the fund.
The vehicle will target investments in late-stage high-tech companies. These firms include optical components developer CyOptics, chipset developer Siano Mobile Silicon and 4G chipset developer Altair Semiconductor.
Click here for the story from Globes.