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Battery Ventures hires for Tel Aviv office

Susan BarretobySusan Barreto
November 17, 2022
in Manager News, Private Equity
Battery Ventures hires for Tel Aviv office

Barak Schoster Goihman (provided)

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Barak Schoster Goihman, co-founder and CTO of Bridgecrew, a startup acquired last year by Palo Alto Networks, has joined Battery Ventures as a venture partner to help lead investing efforts in its Israel office and fund companies with global reach.

Schoster will begin in Tel Aviv to deploy Battery Ventures’ latest investment funds that are capitalized at a combined $3.8 billion.

Over the summer, Battery closed two funds — Battery Ventures XIV and a companion fund at $3.3 billion and Battery Ventures Select Fund II that raised $530 million in committed capital. Following the closing of its latest fund, Battery recently relocated its Israel office to Sarona, Tel Aviv.

Having been in Israel since 2007, Battery has partnered with companies across the tech sector spanning enterprise infrastructure, development tools, B2B applications, cybersecurity, fin-tech, advanced materials and semiconductors.

“We are thrilled to welcome Barak to Battery and to add a smart and well-networked operator to our team,” said Scott Tobin, senior partner at Battery. “We got to know Barak initially through our investment in Bridgecrew’s Series A round; we were consistently impressed by him as a dynamic CTO and could not be happier that he’s decided to remain in the Battery family as a full-time investor.”

Schoster has been a senior director at Palo Alto Networks leading developer advocacy; open-source, product-led growth initiatives and architecture efforts related to DevSecOps inside the company’s Prisma Cloud business, of which his former company Bridgecrew is now a part.

Earlier in his career, Schoster was a software architect and data engineer at startup Fortscale, which was acquired by RSA Security. Prior to that, he worked as an engineering team leader focused on big data and machine learning in the Israel Defense Forces.

In his new role at Battery, Schoster is expected to focus on infrastructure investments in areas including cybersecurity, open-source software, DevOps, cloud infrastructure and data/machine learning. As a full-time member of the global investment team, he will work closely with colleagues in the U.S. and Israel.

In Tel Aviv, the current team includes Scott Tobin; Battery Partner Shiran Shalev; and Battery investment-team members Adi Dangot Zukovsky, Lior Mallul and Nikki Hassan.

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