Plenus

News

  • October 29, 2006

    Fifth Funding Deal in 3 Months: Plenus Provides $3mm Credit Facility to cVidya

    lenus, the leading venture lending fund in Israel which provides credit facilities to high-tech companies, is providing a $3mm credit line to cVidya. This is the 5th deal reported by Plenus in the past three month for an aggregate of $16mm in that period. Other facilities were provided to RichFX, XMPie, Cyber-Ark, and EZChip.
  • September 13, 2006

    Plenus extends $6m credit line to EZchip

    Israeli start-up EZchip Technologies has secured a credit line of $4 million from Plenus Venture Lending Fund. The credit line may be increased to $6 million upon achievement of certain undisclosed operational milestones. In 2003 Plenus granted EZchip a credit line of $3 million, of which the company drew down $1.5 million. This credit line was closed in 2004, and EZchip has no other loans apart from the one it announced today.
  • August 27, 2006

    Plenus Provides $2mm Credit Facility to Cyber-Ark Software

    Plenus, the leading venture lending fund in Israel which provides credit facilities to high-tech companies, will provide a credit line of $2 million to Cyber-Ark® Software, a leading provider of digital vaults for securing and managing sensitive information within and across global enterprise networks.
  • June 07, 2006

    Wireless broadband chip co Provigent raises $5m from Plenus

    Provigent Ltd. today announced that it has completed a $5 million financing round. The financing will enable Provigent to expand its customer base and speed up it product development.
  • January 25, 2006

    Plenus extends $6m credit line to US-based Insureworx

    sraeli venture lending fund Plenus, which provides credit lines and loans to high-tech companies, has secured a credit line of $6 million to InsureWorx. InsureWorx, located in Emeryville, California and Denver, Colorado, is a provider of browser-based software solutions to the insurance industry. It provides modular policy and claims (P&C) administration software solutions for workers’ compensation and commercial P&C multi-line insurance markets.
  • January 11, 2006

    Plenus raises $56M second fund

    Plenus Venture Lending has raised $56 million for its Plenus II fund, which it will use to provide credit lines to mid- to late-stage technology companies.
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The Plenus funds are Israel's leading alternative lending funds offering both venture and Mezzanine loans.