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Mr. Applbaum has over twenty-two years of experience as a software entrepreneur and investor in the banking, finance and technology industries. Currently, Mr. Applbaum serves as a founder and General Partner of Opus Capital, focusing on making Israeli-based investments for the firm. Prior to Opus Capital, he was a Partner and Managing Director of the Israel office for Lightspeed Venture Partners, an early stage venture capital firm with over two billion dollars under management. Previously, he was Founder and CEO of Concorde Solutions Inc., a software company that enabled banks to take credit card applications and migrate them to the internet. In 1998 Mr. Applbaum sold CSI to Bank of America becoming a Senior Vice President at the bank with responsibility for running the bank's E-ventures group and an advisor to the strategic investments group.Mr. Applbaum currently serves as a Special Advisor for Economic Development to the Israeli Prime Minister, Ehud Olmert. He is also President of the Board of the California Israel Chamber of Commerce, and is on the board of directors of The Koret Israel Economic Development Funds, Vector Intersect Acquisition Corporation, and The Western Wall Heritage Foundation. Mr. Applbaum is a member of the Young Presidents Organization. | 