For five weeks an Israeli founder has been trying to return a six-figure seed investment in his cybersecurity start-up to Web Summit Ventures (WSV). However, so far, he says there has been “radio silence” from the Irish-based fund. WSV lists Chris Murphy and Paddy Cosgrave as its two directors and was launched in 2022 to invest in early- to growth-stage companies. According to its most recent Securities and Exchange Commission filings from August 2022, it raised $5.2 million out of a proposed $30 million for the fund. At the beginning of October, WSV invested in Lasso Security just as the…
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