Congratulations!!
Pure Storage announces plans to acquire 1touch.io!
Everpure (formerly Pure Storage) has acquired 1touch to directly address one of enterprise AI’s most urgent barriers: making GenAI and Agentic AI ready for enterprise grade - allowing data to be usable, visible, secure, private and ready!
1Touch is a company we helped create in JVP Cyber Labs in #BeerSheva, and helped grow them serve customers across financial services, insurance, healthcare and governmental sectores, including Cigna, American Express, BNP Paribas, AmerisourceBergen, Prudential Financial, NatWest Group, and others. This journey is a reflection of JVP's vision, led by Erel N. Margalit to build a global cyber hub , connecting academia, multi-national corporations, startups, defense organizations and venture capital, creating a foundation for companies like 1Touch to emerge and scale globally.
We were happy to team up with Ashish Gupta, CEO and founders Itzhak Assaraf, Dmitry Shevchenko and Zak Rubinstein, as well as co-investors Pradeep Tagare (National Grid Partners), Neotribe Ventures and industry luminaries such as Sam Balaji, former Vice Chairman of Deloitte US and Bernard GAVGANI Gavagni, former Global CIO of BNP Paribas, Bill Portelli and many others - it takes a village!
We’re proud to see the global recognition 1Touch has earned for its thought leadership in this category, serving some of the world’s largest enterprises across financial services, insurance, healthcare, and government. 1Touch.io’s unique technology delivers multiple layers of value, from data discovery and classification to security, privacy, and a semantic catalog. Together, these capabilities enable the offering of a solution that brings enterprise data into the AI era in a scalable, governed, and compliant manner across both legacy and cloud environments.
This marks another strategic exit from JVP Cyber Labs, and demonstrates our commitment to investing in exceptional talent emerging beyond the country’s traditional tech hubs and to helping these technology leaders become true international market leaders, time and again.
JVP has built and shaped cyber market leaders such as CyberArk (JVP held 47% just prior to the IPO; the company was recently acquired by Palo Alto Networks for $25bn), alongside strategic exits including CyActive, SCADAfence, a Honeywell Company, Loom Systems (Acquired by ServiceNow) , SecBI/Logpoint, Navajo, Hexatier and MagniFire, as well as current category leaders such as Appdome, Morphisec, Vicarius, and others.
We aim to continue and build ground breaking companies and transform our industry!
JVP
Erel N. Margalit
Ashish Gupta
Itzhak Assaraf
Zak Rubinstein
Pure Storage
National Grid
Pradeep Tagare
Neotribe Ventures
Sam Balaji
Bernard GAVGANI
Connecticut Innovations
Ocean Azul Partners
https://lnkd.in/e6bXau3g
