Shai Beilis

Background

About Shai Beilis

Mr. Beilis founded Formula Ventures (within the Formula Group) in 1998 and was the Chairman of the Board since its inception. Formula Ventures Ltd. was the adviser and General Partner of two capital venture funds: Formula Ventures I and Formula Ventures II. Mr. Beilis was also the Chairman of Formula Vertex UK Ltd, which was the adviser for the European Technology Venture Portfolio of UBS Capital. He was a member of the board of directors of the Formula Systems Ltd, the holding company of the Formula Group. Mr. Beilis joined the Formula Group in 1995 as CEO of Argotec, its investment arm, which delivered an IRR of 153%. Prior to the Formula Group, Mr. Beilis was CEO of Clal Computers and Technology, an Israeli IT holding company traded in the Tel-Aviv stock exchange. From 1987 to 1993 Mr. Beilis was Vice President at Digital Equipment Corporation Israel. From 1979 to 1986 he was CEO of Yael Software and Services, a company that he had built to become a leading software services group in Israel. Mr. Beilis has served as Director or Chairman of over sixty Israeli high tech companies (including 4 NASDAQ listed companies). Mr. Beilis holds a M.Sc. in Computer Science from the Weizmann Institute of Science in Rehovot, Israel, and a B.Sc, cum laude, in Mathematics and Economics from the Hebrew University in Jerusalem, Israel. Specialties: Information Technology