Eurofund is a venture capital fund with a strongly defined identity and distinct areas of operation, established in alliance with powerful strategic partners who are industry leaders in the global marketplace. Eurofund focuses on earlier stage Israeli companies specializing in Telecommunications, Microelectronics, Security and the Internet. The funds raised $72 million and are structured to make significant contributions to their portfolio companies and to generate solid, substantial growth in value. Partners in Eurofund include: Bertelsmann, Bezeq (Israel's national telecommunications provider), DaimlerChrysler, DEG (a member of KFW KFW - Kreditanstalt Für Wiederaufbau (German Bank) Group), Deutsche Telekom, ECI Telecom, Federmann Enterprises, Lockheed Martin, the RAD Group and other financial investors.