Description smac partners invests in early-stage startups involved in information and communications technology. The venture capital firm owns stakes in more than 30 companies, typically making primary investments in firms located in Europe and Israel and secondary investments in firms in those areas, as well as North America, China, and India. The firm often gets involved in its investment and guides seed companies to success. It usually exits investments within five years via a sale or public offering. Its portfolio includes Airwide Solutions and Olive Software. smac partners was founded as a venture capital arm of Siemens Communications in 2001. It became an independent company in 2006.