CO- FOUNDERS

Aharon Dovrat

AHARON DOVRAT

1931-2008

Born in Argentina, Aharon Dovrat immigrated to Israel in 1958 and soon became one of the leading figures in the Israeli economy. In 1962, Aharon was appointed CEO of the Clal Group, then a passive Israeli holding company with $20 million in capital. Under his leadership, the company grew rapidly. By the time he stepped down in 1991, the company had a market capitalization of over $800 million and aggregate annual consolidated sales in excess of $2.5 billion, with 32 of its subsidiaries traded on stock exchanges in Israel and the United States. In 1991, Aharon founded the Dovrat-Shrem Group, a full service investment house. The group played a pivotal role in the development of merchant banking and fund management in Israel. He also founded and was a member of the Investment Committee of the Pitango Venture Capital Funds. Aharon left the Dovrat-Shrem Group in 1999 and co-founded the Dovrat Group (now the Viola Group).

Shlomo Dovrat

SHLOMO DOVRAT

Shlomo has nearly 30 years of recognized leadership on the Israeli hi-tech, entrepreneurial and investment scene and has served as CEO and Chairman of several Israeli companies with a successful global track record. Shlomo co-founded the Viola Group and Carmel Ventures in the 2000. He also served as Chairman of ECI Telecom (NASDAQ: ECIL) and led ECI’s strategic turn around, from 2002 until it was acquired by a group of private equity investors for $1.2 billion in September 2007. Shlomo co-founded Oshap in 1982, and as CEO and President and led the company to its NASDAQ IPO a mere three years later. He also served as chairman of MINT and Decalog N.V., which were successful financial software companies in the 1990s. Shlomo also founded Tecnomatix in 1983 and served as its CEO and President from its establishment until 1995.