Today, a couple of former elite Israeli intelligence veterans launched Team8, a unique approach to attacking cybersecurity that combines think tank, venture capitalist and startup foundry into one company.
They also announced an $18M Series A investment from Alcatel-Lucent, Cisco Investments, Marker LLC, Bessemer Venture Partners (BVP) and Innovation Endeavors (whose team includes former Google CEO Eric Schmidt).
The idea for the company comes from three guys who know a thing or two about security. The CEO, Nadav Zafrir tells TechSupport he spent the last 10 years of his long military service working for Unit 8200 of the Israeli Defense Force, which is the Israeli equivalent of the NSA, and is responsible for, among other things, code decryption. In fact, he was head of the organization for five years before retiring 18 months ago.
That’s when he decided to go into business with long-time Unit 8200 colleague Israel Grimberg. The two men bring years of military and intelligence experience to the table. To round out the company and bring some solid business experience to the mix, they brought in Liran Grinberg, a veteran of several startups.
They also announced an $18M Series A investment from Alcatel-Lucent, Cisco Investments, Marker LLC, Bessemer Venture Partners (BVP) and Innovation Endeavors (whose team includes former Google CEO Eric Schmidt).
The idea for the company comes from three guys who know a thing or two about security. The CEO, Nadav Zafrir tells TechSupport he spent the last 10 years of his long military service working for Unit 8200 of the Israeli Defense Force, which is the Israeli equivalent of the NSA, and is responsible for, among other things, code decryption. In fact, he was head of the organization for five years before retiring 18 months ago.
That’s when he decided to go into business with long-time Unit 8200 colleague Israel Grimberg. The two men bring years of military and intelligence experience to the table. To round out the company and bring some solid business experience to the mix, they brought in Liran Grinberg, a veteran of several startups.
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