Insight Venture Partners acquired a majority of Genesis Partners IV portfolio.

Insight Venture Partners, a global venture capital and private equity firm based in New York City, acquired a majority of Genesis Partners IV portfolio, which includes several companies that are also in Insight’s existing portfolio, including monday.com, Sisense, and JoyTunes. Financial terms were not disclosed. "This acquisition signifies Insight's deep commitment to our existing portfolio in Israel, as well as innovation in the region at large," said Jeff Horing, Co-Founder and Managing Director, Insight Venture Partners. "Genesis Partners has built a strategic portfolio that has evolved to align with Insight's growth-stage focus. Software by nature allows businesses to operate as truly global entities across sectors and industries, and we are thrilled to double down on our roots and open new doors for opportunity in the EMEA region through this acquisition."