Gili Raanan, founder of such companies a nLayers Inc. and Sanctum Inc., has joined Sequoia Capital as a general partner, peHUB has learned. He will work out of the firm’s Israel office, which lost partner Yuval Baharav last month. Sequoia recently raised $200 million for its fourth Israel-based fund.
Raanan’s relationship with Sequoia goes back at least a decade. The venture firm was an initial investor in Sanctum, an e-business security software company that raised $55 million before being acquired by VC-backed Watchfire (itself later bought by IBM). He then went on to found nLayers, which application discovery and mapping software. nLayers got scooped up by EMC in mid-2006, after which Raanan spent a few months as EMC’s vice president of strategy.
Raanan’s final stop before Sequoia was Gemini Israel Funds, an investor in both Sanctum and nLayers. He served as a venture partner. In addition, Raanan has spent more than a year serving on the board of Sequoia portfolio company Correlix.
Sequoia’s website does not yet reflect the new hire, although Raanan has updated his LinkedIn page.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.