The venture capital firm, which achieved three exits from its $30m first fund, has closed a second fund that will also fund cybersecurity and enterprise software companies.

Israel-based venture capital firm Glilot Capital closed its second fund yesterday at $77m securing capital from limited partners including financial services firm Bank Hapaolim.

The fund also raised cash from institutional investors, family offices, individual investors from the US, Europe, Asia Pacific, Israel and South Africa, as well as undisclosed return investors that contributed to Glilot’s $30m Glilot I fund in 2011.

Founded in 2011, Glilot targets seed and early-stage Israel-based software companies, particularly those developing technology in the cybersecurity…