Board of Directors

Company

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Erel N. Margalit

Chairman, Cyber-Ark Software
Founder and Chairman, JVP

Erel is the founder of JVP (Jerusalem Venture Partners) and co-founder of Jerusalem Pacific Ventures. Launching the firm in 1993, Erel set out to create a new model for global venture investing that would combine a hands-on management approach with the international market creation strategies necessary to build and sustain solid technology companies from Israel, United States, Europe and Asia. In addition to orchestrating the $4.82 billion sale of Chromatis to Lucent Technologies in 2000, Erel has successfully led JVP's thirteen exits with such companies as Netro (NTRO), Precise! (IPO and subsequently acquired by VERITAS), Scorpio (acquired by U.S. Robotics), Fundtech (FNDT), ViryaNet (VRYA), Jacada (JCDA) and Paradigm (PGEO).

Erel plays a direct role in creating and managing the global investment strategy for the firm and actively participates on the boards of several portfolio companies including Cogent, Cyber-Ark, CyOptics, MagniFire, Native Networks, Bridgewave, Sepaton and UP Tech. Erel's expertise lies in Enterprise Networking, Carrier Equipment, Semiconductors/Components and Enterprise Software.

Prior to founding JVP, Erel was the Director of Business Development for the City of Jerusalem under its former Mayor, Teddy Kollek. There he helped bring more than 70 technology firms to the city, including Intel, Digital, IBM and many others that gave rise to the burgeoning technology community that drives the Israeli economy today. Erel holds a Masters in Philosophy from Columbia University and an MBA from Hebrew University.

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Udi Mokady

Founder, President & CEO, Cyber-Ark Software

Udi Mokady co-founded Cyber-Ark Software in 1999 and serves as the company's President & CEO. In this role he is responsible for the management, execution, and strategic direction of the company as the market leader in managing and securing Privileged Identities and Highly Sensitive Information.

In his previous role as Cyber-Ark's COO, Mokady established Cyber-Ark's headquarters in the US and orchestrated its market expansion, paving the way for the Company to acquire over 1,000 Global enterprises in the US, Europe, and Asia. Mokady has also led the implementation and management of channel development and international marketing for Cyber-Ark's award winning information security products in Europe, Asia and the Pacific Rim.

Prior to Cyber-Ark, Udi specialized in legal management and business development for international high-tech companies. He previously served as the general counsel at Tadiran Spectralink, a highly specialized producer of secure wireless communications systems.

A veteran of a Military Intelligence unit, Mokady holds a law degree (L.L.B.) from Hebrew University in Jerusalem and a Master of Science in Management degree (MSM) from Boston University.

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David Campbell

Vice President, Goldman Sachs

David Campbell is a Vice President of Goldman Sachs' Merchant Banking Division, investing in enterprise technology since 2004. He serves on a number of technology company boards. Previously, Mr. Campbell held senior roles within Goldman's Technology Group, including global infrastructure architecture, and global enterprise storage. He was elected Technology Fellow in 2002 for his role in developing the firm's technology. He started his career developing industry and military technology. In 1990, he moved to Japan to work in the Fujitsu super computer R&D division. In 1994, he joined Goldman Sachs in Japan; relocating to NY in 1998.

Mr. Campbell received a Bachelors of Electrical Engineering and Bachelors of Arts from Queensland University, Australia.

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Yoram Oron

Founder and Managing Partner, Vertex Venture Capital

Yoram Oron has an impressive record as a founder and manager of several successful high technology companies. He was previously President and CEO of Aryt Industries; Co-Founder, President and CEO of Reshef Technologies; and Co-Founder and Chairman of Telegate Ltd. Mr. Oron graduated with a B.Sc. in Electrical Engineering from the Technion — Israel Institute of Technology; he has an MBA from Tel Aviv University, Israel and completed post-graduate studies at the Wharton School of the University of Pennsylvania, USA.

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Gadi Tirosh

General Partner, JVP

With his strong background in media related software and internet based R&D organizations, Gadi is a key member of JVP's media team, as well as a board member of Cyber-Ark, Double Fusion (Board Observer), Emergent, Funtactix, Infinite Memories, Magink and Minicom. His experience has provided him with strong domain expertise in both the consumer infrastructure world and service provider needs.

Before joining JVP, Gadi was Corporate VP of Product Marketing and member of the executive committee for NDS (NASDAQ: NNDS), a leader in digital pay-TV systems, supporting some of the largest digital broadcast platforms such as DIRECTV, BSkyB, Canal Digital and more. At NDS, Gadi established the business of digital interactive TV in the late 90s, catering to the likes of Sky Sports, MTV, Discovery, QVC and other leading TV channels. Gadi lead the NDS international marketing team responsible for defining the product scope and roadmap for NDS established products such as conditional access for secure broadcast, middleware for digital set-tops, and integrated PVR solutions. Prior to NDS, Gadi held a variety of positions in software and Internet-based R&D organizations, including Director of Product Marketing at ServiceSoft Corp, Software Company providing self-help solutions over the Internet for service organizations.

Gadi holds a B.Sc. in Computer Science and Mathematics as well as an Executive MBA from the Hebrew University.

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Amnon Shoshani

Managing Partner, Cabaret Holdings

Amnon has extensive experience in entrepreneurship and management. He is the founder and managing partner of Cabaret and the Cabaret- ArbaOne ventures where he takes a lead role in managing the groups' portfolio companies. He is also the CEO and chairman of TIP, a Cabaret-Arba traditional industry technology company and co-inventor of a large number of patents in various traditional industries. Prior to Cabaret, he founded and owned a Tel-Aviv boutique law firm that specialized in entrepreneurship, traditional industries and high tech, where he supported both public and private companies' management and business development. Amnon holds an LLB from Tel Aviv University.

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