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Investment Team

Harel Beit-On

Investment Committee Member

  • A seasoned IT executive and investor with over 20 years of management leadership in the Israeli high-tech industry
  • A recognized thought leader in the software industry and manufacturing space
  • In 2008, Founded Viola Private Equity as part of the Viola Group
  • Joined the Oshap and Tecnomatix founding teams in 1985 and became the key figure in building Tecnomatix’s highly successful global sales organization
  • President & CEO of Tecnomatix (1996 to 2004), during which the company grew to over $100 million in revenues and more than 650 employees
  • Transformed Tecnomatix from a supplier of tactical engineering software products to the world leader in the manufacturing process management software market with an impressive customer base of over 5,000 of the world's top manufacturers
  • Led the sale of Tecnomatix to UGS for $ 228 Million in 2005.
  • Served as Chairman of ECtel (NASDAQ:ECTX) from 2004 to 2006 and led the Company’s successful turnaround
  • On behalf of Viola Group, led the investment to acquire 75% of Lumenis’s shares, which was largest ever tech buyout transaction in Israel
  • Holds an MBA from MIT, Sloan School of Management

Director activity:

  • Serves on the Boards of Directors of Red Bend.

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