Swish Ventures, owned by former NBA star Casspi, completes $60 million in funding

former NBA star Omri Casspi has raised $60 million for his latest venture capital fund, Swish Ventures. Investors include Sequoia Capital, Ophir Ehrlich, founder of EON; Amiram Shachar, founder of Upwind; and Gal Ben-David and Alon Arvatz, co-founders of PointFive. The fund will reportedly invest in early-stage cybersecurity, cloud infrastructure, and artificial intelligence startups, including cybersecurity startups in the fintech and Web3 sectors, and plans to support 10 companies with each investment ranging from $5 million to $7 million.

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