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July 24, 2001

JVP Fund Gets $350 Million

Jerusalem Venture Partners, New York, announced the interim closing of its largest fund, JVP IV, with $350 million in commitments. The new fund targets early stage communications and Internet infrastructure companies. Jerusalem Venture Partners is a venture capital firm focused on investing in early stage companies in five core areas: optical networking, data communications, wireless communications, e-business infrastructure and Internet service infrastructure.