Elron Ventures has announced a secondary sale of its shares in cyber portfolio company IronScales to PSG Equity at a company valuation of approximately $340 million, reflecting a significant return on Elron's initial investment. The sale is part of a series of successful exits in Elron's cyber portfolio, which also includes recent acquisitions like Cybersixgill. IronScales, known for its AI-powered platform for email security, has been a valuable part of Elron's portfolio since its initial funding round in 2016 alongside Rafael Development Corporation.