YL Ventures
YL Ventures is an American-Israeli venture capital firm that specializes in seed stage cybersecurity investments. Investment Firm. YL Ventures is a seed-stage venture capital firm led by managing partner Yoav Leitersdorf, who founded the firm with John Quigley in 2007, along with Israel and U.S. partners Ofer Schreiber and John Brennan. The firm has headquarters in San Francisco and Tel Aviv, and features an advisory board of over 100 venture advisors. A main focus of YL Ventures is to introduce Israeli cybersecurity start-ups to the American market and develop a U.S. customer base. Venture Advisory  Board. In 2018, YL Ventures established its Venture Advisory Board. In 2021, the Venture Advisory Board includes over 100 global CISOs and cybersecurity executives from Fortune 100 and high-growth companies such as Microsoft, Intuit, Zscaler, Kraft Heinz, Netflix, Nike, Samsung Electronics, Box, Hewlett Packard Enterprise, Markel Corporation, Optiv, GSK, HashiCorp, Atlassian, Ross Stores, Burberry, Campbell Soup Company, CyAlliance, Juniper Networks, GrubHub, NHL, Nielsen and others. The Venture Advisors assist YL Ventures in vetting investments and provide ideation support to entrepreneurs during the due diligence process before the investment occurs. They also help the firm’s portfolio founders define their  product development, product-market fit and go-to-market strategies. CISO-in-Residence. In 2019, YL Ventures inaugurated the full-time CISO-in-Residence role. The CISO-in-Residence works directly with entrepreneurs pre and post investment, supporting their ideation processes, highlighting greenfield opportunities, validating their propositions, refining go-to-market strategies, and optimizing their early-stage success in closing paying customers. Roger Hale served as YL Ventures’ first CISO-in-Residence. In 2020, Sounil Yu took the role and in 2021, Ryan Gurney replaced him. Finances. As of 2020, YL Ventures manages over $300 million across four funds , including a $135 million fund raised in 2019 and a $75 million fund raised in 2017.