Magma Venture Partners was founded in 1999 and is one of Israel’s leading Venture Capital funds. Magma successfully identified and garnered new category leaders in communications technology, social media and semiconductors. It has done it through its focused strategy and pursuit of a clear investment strategy with outstanding entrepreneurs and exceptional teams that develop disruptive technology and address large market opportunities. The firm has sought out innovative companies, and has guided many to successful exits, such as Waze, Provigent, DesignArt, Wintegra, Trivnet and Phonetic Systems.