"Mr. Yahal Zilka co-founded Magma Venture Partners. Since 1999, Yahal served as co-Managing Partner of Magma, and positioned Magma as a major player in the New Media space. As chairman and acting CEO of Phonetic Systems, a portfolio company of the Fund, Yahal repositioned the company as a market leader, and led Magma’s first exit as it was acquired by Nuance (NASDAQ: NUAN).
Prior to Magma, Yahal served as CFO of VocalTec Communications from 1995 to 1999, where he was part of the team that pioneered VOIP. Yahal led the company from seed to its public offering on NASDAQ (NASDAQ: CALL).