Last updated 2026-08-19
- Raised $34M Secondary led by Elbit Systems Ltd., Jul 2009
- Raised $11.9M Undisclosed Round, Mar 2004
- Raised $3.5M PIPE led by Yuval Golan Investments Ltd., May 2009
Total raised
$49.4M
Stage
—
Founded
1998
Headcount
—
HQ
Rosh HaAyin, Israel
Sector
Defense
Registrar ID: 520043621 (BVR Systems (1998) Ltd.)
About
BVR Systems (1998) Ltd. was a world leader in providing highly efficient and cost-effective integrated training and simulation solutions for air, sea, and land forces. Their products covered live/embedded, virtual, and constructive training, with a focus on joint force, on-board training, and distributed simulation systems.
Funding history · 3 rounds · $49.4M total
3 events/rounds · $49.4M Total Funding: $45.9M in Private Equity, $3.5M in Public Equity
Jul 2009
May 2009
★ Yuval Golan Investments Ltd.abCDeMichael GolanChun Holdings LPInvestments Ltd.Polar Investments Ltd.
Mar 2004
Offices
Rosh HaAyin, Israel · HQ / main office
Q&A
- What is BVR Systems (1998) Ltd.'s primary sector?
- BVR Systems (1998) Ltd.'s primary sector is Government, specifically within Aerospace & Defense, focusing on Defense Technology and Simulation and Training.
- When was BVR Systems (1998) Ltd. founded?
- BVR Systems (1998) Ltd. was founded in 1998.
- What was the acquisition date and amount for BVR Systems (1998) Ltd.?
- BVR Systems (1998) Ltd. was acquired in November 2009 for $34,000,000.
- Where is BVR Systems (1998) Ltd. headquartered?
- BVR Systems (1998) Ltd. is headquartered in Rosh HaAyin, Israel.
- Who is the CEO of BVR Systems (1998) Ltd.?
- Ilan Gillies is the CEO of BVR Systems (1998) Ltd.
- What was the total amount raised by BVR Systems (1998) Ltd. before its acquisition?
- BVR Systems (1998) Ltd. raised a total of $49,400,000.
- Which company led the Secondary funding round for BVR Systems (1998) Ltd. in July 2009?
- Elbit Systems Ltd. led the Secondary funding round for BVR Systems (1998) Ltd. in July 2009.
- What type of solutions did BVR Systems (1998) Ltd. provide?
- BVR Systems (1998) Ltd. provided integrated training and simulation solutions for air, sea, and land forces, covering live/embedded, virtual, and constructive training.
Team · 2
Aviv Tzidon
Founder · Chairman
Ilan Gillies
CEO
Sectors & technology
Primary sector
Defense
Technologies
Target customers
Business model
B2G
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Founded | 1998 |
|---|
Acquisitions & public offerings
Acquired by 2009-11 $34.0M
Radar intelligence
Patents
| EPO | 6 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 520043621 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1998-01-06 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | האופה 1 קדימה |