Innovation Endeavors said it merged with Israel’s Marker LLC, and in a blog post noted that the combined entity would retain the Innovation Endeavors name.
The post said Innovation Endeavors’ co-founder Eric Schmidt will remain the firm’s anchor LP and take on the role of a non-managing member.
The combined firm will have offices in Herzliya, New York City and Silicon Valley, and back early and expansion-stage technology companies.
Its investment team will be led by founding partners Dror Berman and Scott Brady, and Rick Scanlan and Yuval Shachar from Marker. Other partners are Liat Aaronson and Ziv Kop.
The two firms said they began working together in 2013.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!