Itzik Parnafes • General Partners
Israel • Joined Battery in 2009
Itzik focuses on investments in information technology. He is currently on the boards of 90min (formerly FTBPro), Elastifile, GoEuro, LightCyber, Panaya, Plexistor and Primary Data. He is a board observer for Scodix and ZeRTO and led Battery’s investment in Delphix. Itzik was on the board of XtremIO prior to its acquisition by EMC and Cyvera before it was acquired by Palo Alto Networks. He also spent time working alongside the Battery investment team as an Entrepreneur in Residence in the firm’s Israel office. Before Battery, Itzik was a Partner with Stata Ventures, where he led investments in Provigent (acq: Broadcom), Comability (acq: Ruckus Wireless), Sentrigo (acq: Symantec) and ZikBit.
Before venture investing, Itzik spent the majority of his career as an entrepreneur. He co-founded Kagoor Networks, a leader in voice-over-IP technologies, and led it to a successful acquisition by Juniper Networks, its first acquisition of an Israeli company. Previously, Itzik led the R&D of Class Data Systems until it was acquired by Cisco Systems, the first of many acquisitions in Israel. Before joining the private sector, Itzik led a landmark infrastructure project in the Israeli Defense Forces (IDF) that won the prestigious Israel Defense Award. Itzik holds a BSc summa cum laude in CS and Math from the Technion – Institute of Technology.
LightCyber • Primary Data • Datumate • Elastifile • Scodix • SiSense • 90Min • GoEuro • Delphix • Panaya • ZeRTO
Cyvera • XtremIO
Area of Interest
I am passionate about technology. When I am thinking about a system: a disk array, a data center, a memory chip, a payment service – my immediate instinct is to take it apart, understand how it is working, build it from scratch to be better. I also love companies – a collection of individuals creating something bigger than their cumulative sum. I am lucky to have a job that allows me to combine my two passions and do some good. • I am spending most of my time thinking about the enterprise of the future: how it runs IT; how it manages product, sales and marketing; how it collects revenue; what it outsources and what it keeps in-house. My investments fulfill my interests in these areas, and my eclectic taste in others.
Infrastructure • Software & Services
Early • Growth • Seed