The investment in Qlusters was first investment in Israel by Benchmark Capital US since it founded its Israeli fund. Qlusters is developing a Linux-based clustering software solution.
Sources inform ''Globes'' that Israeli start-up Qlusters has completed a $6.15 million financing round. The investors were Benchmark Capital US, Benchmark Capital Israel, and Israel Seed Partners. Qlusters is developing a Linux-based clustering software solution, designed to replace large mainframes and supercomputers.
Qluster's founders are CEO Ofer Shoshan and CTO Moshe Bar. The company has 16 employees, included 12 at its offices in Tel Aviv's Azrieli Towers. Shoshan was an entrepreneur-in-residence at Israel Seed until last November, when he founded Qlusters. Former Cardonet founder CTO Offer Markovich recently joined Qlusters as VP R&D.
The investment in Qlusters was the first by Benchmark Capital US since it founded its Israeli fund. Benchmark US earlier invested in Atrica. This was also the first time both the US and Israeli Benchmark funds invested together.
Published by Globes [online] - www.globes.co.il - on July 28, 2002