Team8 Cyber Security Group Grabs $23 Million Series B


Team8, the unique Israeli cyber security company that is part venture capitalist, part think tank and part startup incubator announced a $23 Million Series B round today from a variety of investors.

Last year’s $18 million Series A round included Alcatel-Lucent, Cisco Investments, Marker LLC, Bessemer Venture Partners (BVP) and Innovation Endeavors. BVP brought industry security veteran David Cowan and Innovation Endeavors Alphabet (Google) Executive Chairman Eric Schmidt.

This year’s group of investors is designed to build on that with AT&T, Accenture, Nokia, Mitsui, and Temasek participating. These companies give Team8 a broad set of funding partners including a new presence in Asia with Japan-based Mitsui and Singapore-based Temasek. Accenture gives them access to a…

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