Shlomo Kramer Backs $26M Israel Cyber AI Venture Fund

Skinos Ventures, an Israel-based venture fund, has launched with US$26 million to invest in seed and Series A startups focused on cybersecurity and AI, according to Calcalist. Most of the capital came from Shlomo Kramer, co-founder of Check Point, who serves as a strategic adviser to the fund.

Fund Structure and Investment Strategy

The fund is managed by general partner Yishay Yovel, a former chief marketing and strategy officer at Cato Networks. Skinos Ventures plans to make five investments, writing US$2.5 million checks at each investment stage.

Portfolio Companies

The fund has already backed two companies: Spectrum Security and another startup operating in stealth mode. Spectrum Security, the fund's first public portfolio company, develops a platform that automates the building, testing, deployment, and maintenance of threat detection logic. According to the company, its platform integrates with security information and event management systems (SIEMs), data lakes, and endpoint detection and response tools (EDRs). In live customer environments, Spectrum reports it has reduced detection authoring time from 121 days to under 30 minutes.