Alvarion

“Star team in general and Dr. Meir Barel in particular were supporting us at crucial points of our progress – by intelligent advises, introduction to strategic partners, orchestrating the proper arrangement for financing and by asking the right questions”

– Amnon Yacoby, Founder & CEO, Floware

Alvarion

Alvarion (Nasdaq: ALVR) is the world’s leading provider of innovative WiMAX and wireless broadband network solutions, designed to enable Personal Broadband to improve lifestyles and productivity with portable and mobile data, VoIP, video and other services.

The company was created in August 2001, as a result of the merger between BreezeCom and Floware. BreezeCom and Floware were both STAR portfolio companies since their respective seed stages and each held a successful, independent IPO on Nasdaq prior to the merger.

Since 1994, STAR invested a total of US $9.4M in BreezeCom taking an active role along side other prominent investors such as Warburg Pincus, Weiss Peck & Grear and Partech Europe.

Since 1995, STAR invested a total of US $7.1M in Floware.

STAR invested a total of $16.5M. As a result of the IPOs Breezcom (Mar00) and Floware (Aug00) and their subsequent merger in April 2001, STAR realized proceeds of US $138.8M (multiple of 8.4)