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Board of Directors
Reuven Ben Menachem, Founder and former CEO of Fundtech
Reuven Ben Menachem is the Founder and former CEO of Fundtech, a leading global provider of software to the financial services sector.
Mr. Ben-Menachem led Fundtech to a successful IPO in 1998 and raised $100 million in a secondary offering in 1999. He sold Fundtech to GTCR (a Chicago-based private equity firm) in 2011, and in 2015 Fundtech was sold to a strategic buyer for $1.25B.
Prior there to, Mr. Ben MEnachem was employed at Logic Data Architects, as a Technical Director and Product Manager. From January 1984 to June 1986, served as a Director of Banking Systems at Manof Communications Systems. Prior to this role, served as a Senior Programmer and Analyst in the Israeli Air Force.
Mr. Ben-Menachem studied for a B.A. in Business at Haifa University.
Udi Ziv, CEO
Udi Ziv has over 25 years of experience as a CEO, Entrepreneur and Senior Executive at large multi-national companies.
Prior to joining Earnix, Udi was CEO of Pontis, a leading Digital Customer Engagement company, where he led it to significant growth on all fronts and to an eventual successful acquisition by Amdocs towards the end of 2016.
Mr. Ziv started his career in 1991 when he co-founded TopTier Software, an enterprise portal company, and co-led it to a very successful acquisition by SAP AG in 2001. Following the acquisition, Mr. Ziv held a General Manager position at SAP, where he was responsible for SAP’s activities in Israel as well as for the SBS Global Business Unit.
Following his tenure at SAP, in 2008 Mr. Ziv was recruited as the President of NICE Systems’ Enterprise Group, with full responsibility for all of its $600M Customer Interaction business.
Mr. Ziv holds a degree in Computer Engineering from the Technion Israel Institute of Technology.
Sammy Krikler, Founder & Head of Insurance Business
Mr. Krikler founded Earnix in 2001 with the vision of empowering financial institutions to harness customer data, make optimal business decisions and improve their performance. As the company’s Head of Insurance Business, he is responsible for leading Earnix strategy for insurer carriers worldwide as well as governance of project delivery, analytic innovation and account management globally.
Over the past 20 years, Mr. Krikler has been a pioneer in the innovation of analytical solutions for financial service companies, advising numerous clients on leveraging the power of their data and applying it to optimization in pricing and customer interactions. Prior to founding Earnix, Mr. Krikler worked as R&D Manager of Eventus R&D, where he led teams of mathematicians, statisticians, economists and software engineers in the development of mathematical models for forecasting, derivatives pricing and risk management of financial markets. Mr. Krikler holds a BSc in statistics from Hebrew University.
Haim Kopans, Venture Partner JVP & Partner and CTO, JVP Studio
Haim is one of the foremost experts in the field of database and business process technologies in the world today. Founder and former CTO of Precise Software Solutions, a JVP portfolio company and leading provider of business and e-commerce application performance management solutions, Haim assisted in growing Precise from its founding in 1990 through a successful IPO in 2000. In 2003, Precise was acquired by Veritas for $609 million. Before joining Precise, Haim was a consultant with SCP Systems, and a systems analyst for the Israeli Defense Forces. With over 25 years of high-tech experience, Haim’s reputation and in-depth knowledge of the sector helped to make Precise the industry leader that it is today. Haim holds a BA in Economics and Computer Science from Bar Ilan University, and an MBA from Tel Aviv University.
Amit Frenkel, General Partner, Vintage Investment Partners
Amit Frenkel is a general partner at Vintage Investment Partners, the only secondary fund manager and fund of funds manager focused on Israel with $460 million under management. Prior to joining Vintage Investment Partners in 2005, Amit acted as venture capitalist for 15 years and was a General Partner in Carmel Ventures, Israel Infinity, and Clalit Capital Fund LP. Amit was active in investing, building and promoting portfolio companies throughout their life cycle. His track record includes exits in the following companies: Alvarion, Nur Macroprinters, Paradigm Geophysical, Celletra, Radvision, NiceCom, Viryanet, ProActivity, Unipier, Netformx and others. Before becoming a venture capitalist, Amit was Vice President of Clal Issuing Ltd., the largest investment banking house in Israel, where he led numerous M&A and private placement transactions. He currently serves on the Board of Directors of Red Bend, Trivnet, Earnix, Ophirtech and various Vintage entities.
Amit received an MBA from the University of Michigan with honors and a BA in Accounting and Economics from Tel Aviv University.
Raffi Kesten, Managing Partner at JVP
Raffi brings to Earnix a breadth of experience and a long track record in growing businesses on a global scale. Raffi serves now as special advisor to the Cisco Video division as well as advisor to the Chairman and CEO of Cisco, Mr. John Chambers. Until recently, Raffi was Vice President of Service Provider Video Security, Software & Solutions Group at Cisco Systems. Prior to the acquisition of NDS in 2012 by Cisco, Raffi was Senior Vice President and the Chief Operating officer of the NDS Group, and General Manager of NDS Israel. Prior to joining NDS, Raffi was VP of Operations and Production of Imaging Products at printing innovator Indigo, subsequently sold to HP. Raffi also held several engineering and managerial positions at Intel in the US and Israel.
Haim Shani, Co-founder and General Partner of Israel Growth Partners
Haim Shani is Co-founder and General Partner of Israel Growth Partners, the recently established largest tech focused growth equity fund in Israel.
In 2012 Haim retired from the Ministry of Finance where he served as Director General (2009-2011) and the Head of the Competitiveness Committee. Prior to that, he served as CEO of NICE Systems (NASDAQ:NICE). As CEO, he led the company’s business from $100m in revenues to $700m and oversaw value growth from $100m to $2.5b. Haim came to NICE from Applied Materials (Israel), where he served as VP of its Israeli business (Ex Opal/Orbot) for a period of three years. From 1992 to 1998, he held various management positions at Orbotech Ltd. as Corporate Vice President of Marketing and Business Development, President of Orbotech’s Asia Pacific subsidiary and President of Orbotech Europe. Prior to that, Haim held various management positions at Scitex Corporation and IBM Israel. Haim holds a Bachelor’s degree in Industrial and Management Engineering from the Technion – Israel Institute of Technology, and an MBA from INSEAD, France. In 2006 Haim was selected Top High Tech CEO in the large corporations category by the Israel Management Institute, and in 2008 was named one of the top 10 CEOs in Israel by Dun & Bradstreet. Haim is currently serving as Chairman of the UK Israel Tech Hub, a board member at Strauss Water, R2Net, GreenRoad, ColorChip, Jacada and Earnix and a member of the Advisory Committee, Supervisor of Banks, Bank of Israel.