Seasoned Cybersecurity Business Leader Elias Terman Joins YL Ventures as Operating Partner
2024年6月24日 - 10:00PM
Global cybersecurity venture capital firm, YL Ventures, announced
the appointment of Elias Terman, former SVP of Marketing at
cybersecurity unicorn Orca Security (a portfolio company of YL
Ventures), as Operating Partner at the firm. Elias will leverage
his extensive cybersecurity marketing and business experience to
help the firm’s portfolio companies accelerate customer and revenue
growth.
In addition to leading marketing at Orca, Elias cultivated his
track record of building successful marketing and outreach programs
at cybersecurity startups including Uptycs, Integris Software
(acquired by OneTrust), Distil Networks (acquired by Imperva) and
OneLogin. At Orca, Elias defined and advanced the company’s
marketing strategies which helped pave the way for its market
dominance, generating unprecedented customer traction and interest
in its offering.
Elias began his career as an entrepreneur and has a strong
background in category creation for new and growing markets. He has
amassed twenty years of experience working with young startups with
a strong growth trajectory, helping them optimize their
go-to-market strategies.
“Elias is passionate about bolstering exceptional early-stage
startups to market leadership through close guidance and hands-on
assistance,” says Justin Somaini, Partner at YL Ventures. “His
proven ability to drive early business development and rapidly
increase sales pipeline velocity will be a true asset to the firm’s
founders at their most critical stages.”
In his capacity as Operating Partner at YL Ventures, Elias will
leverage these abilities to help the firm’s portfolio companies
maximize their customer outreach programs to support their growth.
“YL Ventures is well known for the extraordinary value it gives to
its portfolio companies, well beyond capital, and for leveraging
its partnerships to drive innovation in the global cybersecurity
industry,” says Elias. “With these foundations, I hope to expand
our portfolio companies’ business opportunities and client base and
generate value for security professionals who thrive on early-stage
security innovation.”
YL Ventures has invested in early-stage cybersecurity startups
for over fifteen years and focuses on helping its entrepreneurs
build their company foundations while positioning them to become
future category leaders in the global market. The firm employs a
unique value-add strategy to support its portfolio companies by
leveraging its multidisciplinary team of experts that guides its
portfolio founders on the most crucial company-building elements at
their earliest stages: GTM, product-market fit, customer traction,
marketing, HR, operations and more. Elias’ experience and industry
background will help amplify these efforts considerably, ensuring
they enter the market with a strong head start.
About YL VenturesYL Ventures funds and supports
visionary cybersecurity entrepreneurs from seed to scale to help
them evolve transformative ideas into market-leading companies. The
firm accelerates company growth with tailored support through its
powerful network of Chief Information Security Officers, global
industry leaders and a dedicated team of multidisciplinary experts.
Based in Silicon Valley, New York and Tel Aviv, YL Ventures manages
five funds with $800M in total AUM. The firm has a track record of
seeding cybersecurity unicorns such as Axonius and Orca Security
and its portfolio companies have been successfully acquired by
high-profile, global industry leaders including Palo Alto Networks,
Microsoft, Okta and Proofpoint. In 2022, YL Ventures ranked 8th out
of over 250 venture capital firms in PitchBook’s prestigious Global
Manager Performance Score League Tables and was the only
cybersecurity-focused VC to secure a top 10 spot on the list.
Media ContactsMontner Tech PRDeb
Montnerdmontner@montner.com
A photo accompanying this announcement is available at
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