83North leads $21.5m round for FloLive

Dell Technologies Capital, Saban Ventures and Qualcomm Ventures also invested in the round.

83North is currently investing from its fifth-generation fund, which closed on $300m in October 2019. The fund places tickets of around $1m at the seed level, $4-8m at the series-A level and up to $20m for series-B investments.

The company has appointed Nir Shalom as its new CEO. FloLive will invest the funds to increase its presence in Europe, Asia and North America.

Previous funding
In 2017, Golden Sunflower Capital and Arie Capital invested in a $4.2m funding round.

Company
FloLive offers a system of globally distributed core networks that are centrally controlled and managed through the cloud in a connectivity management platform. Founded in 2015, the company is headquartered in London and operates an office in Tel Aviv.

People
83North – Yoram Snir (partner).
FloLive – Nir Shalom (CEO); Boaz Goldman (chairman).

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