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Israel's Team8 raises $104M to make bigger cybersecurity bets

  • TechCrunch
  • this week
  • Team8, the Israel-based firm founded by a team of intelligence vets and backed by the likes of Intel, Microsoft, Walmart and Cisco to develop and spin out cybersecurity startups, is announcing a step change in its business model that underscores the huge amount of activity we’re seeing these days in the sector.
  • Alongside its studio model, it’s launching a venture capital arm, with the aim of investing in Seed, A, and B rounds for a variety of cybersecurity, as well as AI, data science and enterprise startups, not just the cybersecurity startups that it’s building itself.
  • It’s raised $104 million for Team8 Capital, as the arm will be called, and we understand that it will be adding more funds in the coming weeks.
Israel's Team8 raises $104M to make bigger cybersecurity bets

Shadowserver, an internet guardian, finds a lifeline

  • WIRED
  • this week

Recent contributions to the internet security group Shadowserver make it possible for the the group to continue in a more sustainable way without becoming dependent on a single funder again. It also keeps the internet at large that much safer.

Shadowserver, an internet guardian, finds a lifeline

Cisco to acquire ThousandEyes in reported $1B deal

  • Crunchbase News
  • this week
  • Cisco has announced it is buying network intelligence startup ThousandEyes, which has raised more than $110 million in funding. * While Cisco did not disclose how much it is paying for the company, CNBC pegs the amount at “about $1 billion.”
  • San Francisco-based ThousandEyes aims to help IT teams see what’s braking or slowing down the paths that their websites, applications or services take to get to their end users, so they can either reroute or get the problem fixed before it impacts their customers.
  • In a statement, Cisco said it will incorporate ThousandEyes’ capabilities across its core Enterprise Networking and Cloud, and AppDynamics portfolios “to enhance visibility across the enterprise, internet and the cloud.”
Cisco to acquire ThousandEyes in reported $1B deal

Dimitar mitko Vasilev

Avatar for Dimitar mitko Vasilev
coFounder\CEO at OA Digital, Inc. Angel Investor. Engineer by heart. Past: co-Founder at Cisco openBerlin IoT Innovation Center
Total raised

$2.5M

Funded over

2 rounds

Latest round

Series A (Jan 1987)