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ThetaRay Chosen for Three Exclusive Cyber Week 2017 Panels

CEO Mark Gazit to Chair Fraudcon Session Featuring Speakers from Interpol, Israel Police, Bundeskriminalamt and Dutch Police

TEL AVIV, Israel, June 23, 2017 /PRNewswire/

ThetaRay, a global leader in big data anomaly detection, today announced that it has been chosen to participate in three key events at Cyber Week 2017, taking place next week at Tel Aviv University.

The events include:

Cybercrime Doesn’t Pay (Wednesday, June 28, 11:30am) – ThetaRay CEO Mark Gazit will chair this high-powered Fraudcon session, which features: Silvino Schlickmann Jr., Head of Cybercrime, Interpol; Chief Superintendent Meir Hayun, Head of the National Cybercrime Unit for Israel Police; Mirko Manske, First Detective Chief Inspector of the Bundeskriminalamt (German police); and Kees Kiestra, Financial Specialist for Dutch Police.

Enterprise Protection: Creating a Strong Cyber Strategy (Tuesday, June 27, 11am) – Mark Gazit will take part in this plenary session alongside RSA president Rohit Ghai, OPSWAT founder and CEO Benny Czarny, and FireEye Southern Europe Pre-Sales Director David Grout. It will be chaired by Yigal Unna, Chief Executive Director, Cyber Technologies Unit, Israel National Cyber Directorate, Prime Minister’s Office.

R&D in AI (Wednesday, June 29, 11:10am) – ThetaRay co-founder and Chief Scientific Officer Prof. Amir Auerbach will speak on this panel with UC Berkeley’s Prof. Dawn Song, CheckPoint VP Product Dr. Dorit Dor and Aleph VC Equal Partner Eden Shochat. It is part of the full-day event “Leap Forward: The Future of Artificial Intelligence,” and will be chaired by Prof. Nathan Intrator of Tel Aviv University.

Cyber Week is an annual cybersecurity conference held at Tel Aviv University in Israel, which brings together industry leaders, startups, investors, academics, diplomats, and other government officials. This year’s event will feature such luminaries as: Israeli Prime Minister Benjamin Netanyahu; Thomas Bossert, the White House’s Assistant to the President for Homeland Security and Counterterrorism; Rob Joyce, the White House’s Special Assistant to the President, Cybersecurity Coordinator; and former New York mayor Rudolph Giuliani. Last year’s event hosted over 5,000 attendees from more than 50 countries, and even greater attendance is expected this year.

“We are proud to play such a significant role in these important sessions, including the very first Fraudcom event at Cyber Week,” said Mark Gazit. “Cyber security is the key issue for organizations in 2017, because cyber threats create such incredible financial risk across the board. Banks are at risk for massive financial losses through cyber theft, enterprises face fraud threats from customers, vendors and even rogue employees, and critical infrastructure must be protected against costly attacks from enemy nation-states and political activists.”

ThetaRay will also attend Money 20/20 in Copenhagen next week, showcasing its anomaly detection platform for industrial cyber security and financial institutions from June 26-28.

ABOUT THETARAY

ThetaRay’s disruptive technology enables financial institutions to uncover the earliest signs of illicit behavior and threats including multichannel fraud, money laundering, and ATM security breaches. The solutions are also deployed for cyber security divisions, industrial manufacturers and critical infrastructure organizations to enable them to become more resilient and seize opportunities. The company’s patented mathematical algorithms can process tens of thousands of parameters simultaneously, helping to automatically identify unknown threats across multiple environments, systems and sources – in real-time. ThetaRay works with some of the world’s largest banks and financial institutions.

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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.