Sadara Ventures nears first investment

Apr 18, 2012 • Toby Lewis

Sadara, a Palestine-focused investment firm, is reportedly nearing its first investment after raising a fund last year backed by Google, Cisco and others.

Sadara Ventures, a Palestine-based investment firm backed by technology companies Cisco and Google, is reportedly on the brink of its first investment.

It emerged the firm was nearing its first investment in an interview with the NewYork Times yesterday wit Yadin Kaufmann, a co-founder of Sadara.

Google and Cisco were joined last year backing Sadara Ventures’s $28.7m fundraising for its first fund by development fund European Investment Bank and the George Soros Economic Development Fund as well as AOL founder…

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