Seasoned Venture Capitalists Set Up New Israeli Fund

As Israeli high tech enjoys a wave of favorable global exposure following Google's acquisition of Waze, Aleph, established by Michael Eisenberg and Eden Shochat, will announce a $120 million closing next month.

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The seasoned Israeli venture capitalists Michael Eisenberg and Eden Shochat are teaming up to put together a new fund dubbed Aleph and are to announce a $120 million closing next month, TheMarker has learned.