Yoav Tzruya, General Partner brings to JVP over twenty-five years of experience in enterprise software, cyber security, AI and FinTech. As a partner for the last 14 years, Yoav has led several of JVP’s strategic initiatives, including the development of our Cybersecurity Hub in Be’er Sheva and JVP’s International Cybersecurity Hub in New York. With his hands-on approach, Yoav works with and sits on the board of several of JVP’s companies including Coro, ControlUp, Pyramid Analytics, ThetaRay, Centrical, ChainReaction, Akeyless, Morphisec, Appdome, Quali, Secret Double Octopus, 1Touch.io, and SourceDefense. Many of these companies were created by Yoav in JVP’s thematic investment hubs, where he was instrumental in identifying core IP, building teams, defining positioning and go-to-market strategies, scaling operations, raising funding and orchestrating exits.

 

Yoav has led a number of companies to global exits as lead partner, including CyActive, acquired by PayPal (31x MOIC); Loom, acquired by ServiceNow (2.9x MOIC); CNVRG, acquired by Intel (4.3x MOIC); ScadaFence, acquired by Honeywell and Logpoint, acquired by PE firm Summa Equity.

 

Yoav has further led complex later stage transactions, with leading industry co-investors, including securing more than $200m in capital for Coro (which he originally helped establish in Be’er Sheva), partnering with OnePeak, Balderton and EIP, Pyramid Analytics (securing more than $100m in equity and debt funding), alongside H.I.G., ThetaRay – alongside Portage, Centrical – co-leading growth funding alongside Intel Capital and KingFisher), ChainReaction (securing growth round with Blackrock and Exor participation), Akeyless (alongside Team8 and NGP), and partnering with strategic investors such as Deutsche Telecom, Orange, GE, Intel, Siemens, Dell/EMC and National Grid.

 

Yoav has taken some of the early-stage companies to become category leaders. These include companies like Coro ($725m recent valuation, $1.6m entry valuation), ChainReaction ($450m recent valuation, $26m entry valuation) and Akeyless ($275m recent valuation, $7m entry valuation).

 

Before joining JVP, Yoav spent 10 years taking startups from early-stage to IPO readiness, while holding General Management, Product, Marketing and Business Development executive positions, working alongside industry leaders, including Verizon, Comcast, Intel, CBS and Time Warner, as well as financial investors such as NEA and 3i.

 

Yoav served for six years in the Israeli Air Force, managing mission critical development projects, and is a decorated officer. He holds a B.Sc. in Mathematics (cum laude) and a MS in Computer Science (cum laude) from Tel-Aviv University, as well as an Executive MBA from the Kellogg School of Management’s international program.

A Defining Moment for Cybersecurity, for JVP, and for Israel/US Cooperation: CyberArk’s $25B Merger with Palo Alto Networks

Blue lion silhouette facing left beside bold blue letters “JVP” on a transparent background.

Last week marked a moment of both pride and reflection for all of us at JVP. The announcement of CyberArk’s $25 billion acquisition by Palo Alto Networks is not just a landmark deal in the cybersecurity landscape—it’s a powerful validation of the JVP Way, our approach to company building that continues to define our firm today.

While we are no longer CyberArk shareholders, having exited our position a few years after its IPO, we were proud to have been CyberArk’s leading and largest shareholder from its early days to several years after it became a public company and its emergence as an international category leader. While I was Chairman of the company, we partnered closely with the founders during the most formative years of its journey. Back in 2011, when many investors were ready to sell the company for $120 million, JVP chose to reinvest and increased our position to 47%, buying out early shareholders, bringing in Goldman Sachs as an equity investment partner, and partnering with management to lay the foundation for a strong international expansion. That pivotal moment gave the company the opportunity to scale into a true global market leader. 

CyberArk has always been ahead of the curve—pioneering insider threat protection, secrets management, machine-to-machine authentication, and most recently, preparing the world for secure Agentic-AI infrastructure. Its merger with Palo Alto Networks positions it to lead the AI era with a fully integrated, end-to-end security platform. 

We invite you to revisit JVP’s unique role in CyberArk’s growth in this Forbes featureReuters press, and from CyberArk’s newsroom.

This milestone is a reminder that JVP’s tried and true approach – invest, reinvest, roll up our sleeves, and work diligently alongside founders and management teams to build category leading global companies – works. The JVP Way, developed over 30 years, is what enables JVP to build companies that lead and transform industries to the benefit of our investors.

Today, we continue to apply the same methodology to our current portfolio with company after company surpassing the $100 million revenue threshold, with JVP owning 40% or more, as they too become category-leading international businesses.