Elron, a Tel Aviv, Israel – based early-stage tech investment company, announced a new managerial appointment.
Mr. Elik Etzion has been appointed to lead the Enterprise Software and Cyber Investments at Elron. Etzion will be responsible for identifying and accompanying companies specializing in Cybersecurity and Enterprise Software spaces. He will take over the role as of July 2021.
Elron specializes in early-stage investments in cyber and software companies. Following its capital offering this past April, the company has approximately $90m in its fund that is primarily earmarked for continued investments in cyber and software sectors, its leading area of focus, alongside the maturation of its medical device portfolio companies.
Simultaneous with Etzion’s appointment, Mr. Zohar Rozenberg, who led cyber investments over the past six years, will continue with the firm as an active independent partner (Venture Partner). He will continue to support the activities of Elron and its portfolio companies, in which he serves as a board member and a member of the investments team.
46-year-old Elik Etzion is joining Elron’s management team to head cyber and software investments in the company after a comprehensive career of 25 years in key Elron investment sectors.
A retired lieutenant colonel, he began his career at the top of the tech and cyber world in the IDF, where he gained diverse technological-operational experience and knowledge over the course of 20 years in Unit 8200. In his last positions in the IDF, Etzion served as deputy commander of the cyber division, head of the R&D Department, and Head of the Cyber operations Department.
Upon his discharge from the IDF, Etzion served as CISO and member of the Technology Division Management at Bank Hapoalim Group. He enhanced the bank’s cybersecurity posture and contributed to the cyber resilience of Israel’s banking sector, alongside being party to spearheading the bank’s digital transformation.
Etzion also served as a director in SHVA and as Chairman of the Board of Directors of Masav, specializing in payments and clearance. He brings in-depth expertise and understanding, a strategic vision of the market along, and practical experience.
FinSMEs
05/07/2021