Market Overview

BGV Closes First Opportunity Fund

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Fresh Capital to Double Down on Winners from Early Stage Portfolio

Benhamou Global Ventures (BGV), an early-stage venture capital firm with
deep Silicon Valley roots and an exclusive focus on the digital
transformation of the enterprise with a cross-border innovation theme,
announced the first close of the BGV Opportunity Fund with over $40M of
capital committed to date. Investors in this fourth fund include both
existing limited partners as well as several new international and
institutional LPs.

The BGV Opportunity Fund will focus on capturing the full pro rata in
winning portfolio companies from BGV II and BGV III as they mature and
raise late stage equity rounds. Target portfolio companies will have
achieved product market fit, established a repeatable go-to-market
process, and have a full management team and credible scalability plans
in place. Typically target portfolio companies will have a lower overall
risk profile and a shorter time to liquidity relative to earlier stages,
having effectively navigated the typical early stage technology and
market risks.

BGV recently made its first investment from the BGV Opportunity Fund in
Virtual Instruments, a BGV II portfolio company in syndication with
Highbar Partners. Virtual Instruments is a fast growing and well
established company in the multibillion-dollar, application-centric
infrastructure performance management category. The company offers
real-time infrastructure performance monitoring, analytics, and storage
validation products that provide breakthrough application workload
visibility to Global 2000 enterprise companies, government, and service
providers. The solution seamlessly provides intelligent analysis to help
enterprises optimize the entire infrastructure from a cost, performance,
and availability perspective. The company is headquartered in San Jose,
California.

Eric Benhamou will continue to serve on the Virtual Instruments Board.
"The convergence of application and infrastructure performance
management creates a new strategic imperative in the modern data
center," states Benhamou. "We believe Virtual Instruments is the most
innovative technology solution provider in its market. The market
traction they enjoy and the deep industry knowledge of the management
team give us confidence in their trajectory. We will contribute our
expertise and experience in IT infrastructure companies to help them
navigate through the next stage of growth."

Virtual Instruments CEO Phillipe Vincent explains, "Our primary focus is
to vastly simplify and automate IT infrastructure management, assuring
the highest availability and performance of mission critical
applications for the world's most demanding customers — we call our
approach App-centric Infrastructure Performance Management and see it as
the key to automating the management of the infrastructure. We are
excited for Eric and his team at Benhamou Global Ventures to share their
expert guidance as we help our customers automate their IT operations
and drive ROI."

About Benhamou Global Ventures

BGV is an early-stage venture capital firm with deep Silicon Valley
roots and an exclusive focus on digital transformation of enterprise
with a cross-border innovation theme. The BGV team has successfully
built and implemented a cross-border venture investing model with
companies from Israel, Europe, and Asia. BGV currently has 21 active
companies in its portfolio, with a majority conceived outside Silicon
Valley and now headquartered in the U.S. The fund was founded by Eric
Benhamou, former chairman and CEO of 3Com, Palm, and co-founder of
Bridge Communications. Comprised of an experienced partnership team of
global operating executives and investors, BGV is often the first and
most active institutional investor in a company and has a powerful
network of technical advisors, executives, and functional experts who
actively engage with its portfolio companies. The company has offices in
Palo Alto, California, Tel Aviv, Israel, and presence in France and
India.

Website: www.benhamouglobalventures.com
Twitter:
@BenhamouGlobalV
Email:
marketing@BGV.vc
LinkedIn: https://www.linkedin.com/company/benhamou-global-ventures

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