Itzik Parnafes • General Partners
Israel •Joined Battery in 2009
Itzik focuses on investments in information technology. He is currently on the boards of 90min, Cheq, Elastifile, GoEuro, Insert, Sisense, and Zeitgold. He is a board observer for Scodix, N26 and Zerto and led Battery’s investment in Delphix. Itzik was on the board of XtremIO prior to its acquisition by EMC, LightCyber and Cyvera before they were acquired by Palo Alto Networks and Panaya prior to its acquisition by Infosys. 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.
In 2017, Itzik was #15 on Forbes Midas List Europe and was named to the Forbes Midas Brink list of up-and-coming venture capitalists. Itzik holds a BSc summa cum laude in computer science and math from the Technion – Institute of Technology.
Cheq • GetYourGuide • Zeitgold • N26 • Minute Media • Excelero • Leadspace • Elastifile • Scodix • Sisense • GoEuro • Delphix • Zerto
Insert Mobile • LightCyber • Datumate • Cyvera • XtremIO • Panaya • cVidya Networks
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.
Application Software • IT Infrastructure