Venture Firm Team8 Secures Additional $365 Million
Israel-based venture fund Team8 announced this week that it has secured $365 million in additional capital.
The company says $265 million is for Team8 Capital’s third fund, while $100 million will be used for additional investments in the most promising portfolio startups.
Team8 says the new funding brings its assets under management to close to $2 billion since it was founded in 2014.
The venture capital firm incubates and funds early-stage enterprise technology companies. It uses a venture-creation model to co-found and support startups spanning cybersecurity, AI, fintech, and digital health.
Its cybersecurity portfolio features prominent ventures such as Talon, Dig, and Koi — all acquired by Palo Alto Networks.
Through strategic capital and operational backing, Team8 helps these types of companies develop solutions designed to solve critical enterprise security challenges.
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The list of cybersecurity firms that received funding from Team8 this year...
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