Magma Ventures raises $24 mln for growth equity fund


Magma Ventures has raised $24 million for its first growth equity fund, Magma Growth Equity I, according to a regulatory filing. The Tel Aviv-based firm invests in Israeli information, communication and technology companies, and was co-founded by Yahal Zilka and Modi Rosen, according to its website. The fund, which lists nine investors, does not include a target.

FUNDRAISERS: Don't miss PartnerConnect East 2018 on March 19-21 in Boston, with more than 150 speakers, 200 LPs and 300 fund managers, bankers and lenders. CLICK FOR DETAILS!