As head of Canaan’s Israel operations since 2005, Izhar Shay focuses on building companies in communications and mobility, software, clean technologies and digital media. He also helps Canaan’s healthcare team seek investments in Israel. Izhar led Canaan’s investments in LiveU, Efficient Finance, EnStorage, Prime Sense and N-trig. Izhar also oversees Canaan’s local involvement in other Israeli companies.
With more than 20 years of operational experience as a successful entrepreneur, Izhar was previously Chairman and CEO of V-Secure Technologies, which he grew to a leading position in the intrusion prevention market. The company was acquired by Radware (RDWR) in November 2005. Prior to V-Secure, Izhar was CEO and co-founder of Business Layers, a Canaan portfolio company. Izhar led Business Layers from startup to a dominant player position in the identity management market, until it was acquired by Netegrity (NETE) in December 2003. Izhar was previously VP of Business Development with international investment firm The BRM Group.
Izhar holds a B.Sc. in Electronics Engineering from the Technion Institute in Haifa, Israel. He was a paratrooper in the Israeli army. Izhar is involved in various volunteer activities related to the education of young students in Israel. He serves on the board of directors of Ort Israel, the country’s largest technology education organization. He writes a weekly column at Globes, a leading financial daily newspaper in Israel, and his book “As Beautiful As You” was recently published.
Izhar serves on the board of directors of LiveU, N-trig and Prime Sense.
Read Izhar’s blog: Start-Up Stadium