Spring Ventures Ltd. is engaged in developing and investing in technology, with an emphasis on the Internet. It operates through the following segments: E-commerce, Development of technologies and patents and Investments in technology companies. The E-commerce segment provides management services for the Azrieli Group in the field of e-commerce. The Development of technologies segment engages in technology research and development. The company was founded by Aviv Refuah in March 1999 and is headquartered in Tel Aviv, Israel.