Company:Team8

From HandWiki

Team8 is a company-building venture group based out of Tel Aviv, Israel. It describes itself as a think tank and company creation platform. It has been in news for its partnership with Intel via a spin off company Illusive Networks,[1] Citigroup, Microsoft and Qualcomm amongst others.[2] It has also been in news for receiving funding from Bessemer Venture Partners.[3]

The company was founded in 2014 by Ronni Zehavi, Liran Grinberg, Israel Grimberg and Nadav Zafrir, three former leaders of Israel's military intelligence Unit 8200.[4] It is understood that Illusive Networks built a solution for Advanced Persistent Threats (APTs) by building false “virtual networks”, designed to lure in, trick and trap malicious hackers.[1] The partnership with Microsoft is believed to be for researching cybersecurity challenges.[5]

Former NSA Director Admiral Mike Rogers joined the Israeli think tank in October 2018 becoming a member of its board of advisers.[6][7]

References

  1. 1.0 1.1 Lunden, Ingrid (2017-08-13). "Intel steps up security efforts in Israel with Team8, Illusive and a new cyber center". https://techcrunch.com/2017/06/21/intel-steps-up-security-efforts-in-israel-with-team8-illusive-and-a-new-cyber-center/. 
  2. Cohen, Tova (2017-08-13). "Microsoft, Qualcomm back Israel's Team8 cybersecurity firm". https://www.reuters.com/article/us-tech-cyber-team-idUSKBN14T1CE. 
  3. Kepes, Ben (2017-08-13). "Team8 Brings Together Some Of The Sharpest Cyber-Security Minds... The "What For?" Is TBD". https://www.forbes.com/sites/benkepes/2015/02/10/team8-brings-together-some-of-the-sharpest-cyber-security-minds-the-what-for-is-tbd/#1973f9723bc9. 
  4. Solomon, Shoshanna. "Israeli cybersecurity firm Team8 gets Walmart, Airbus backing for $85m fund" (in en-US). https://www.timesofisrael.com/israeli-cybersecurity-firm-team8-gets-walmart-airbus-backing-for-85m-fund/. 
  5. Ackerman, Gwen (2017-08-13). "Microsoft, Qualcomm, Citi Join Israeli Cyber Syndicate". https://www.bloomberg.com/news/articles/2017-01-09/microsoft-qualcomm-citi-join-israel-s-team8-cyber-syndicate. 
  6. "Retired NSA Director Mike Rogers Joins Israeli Think Tank". https://www.team8.vc/member/mike-rogers/. 
  7. Team8. "Former NSA Director and Commander of US Cyber Command Mike Rogers Joins Cybersecurity Foundry Team8 as a Senior Advisor" (in en). https://www.prnewswire.com/news-releases/former-nsa-director-and-commander-of-us-cyber-command-mike-rogers-joins-cybersecurity-foundry-team8-as-a-senior-advisor-300733619.html.