• Team8 announces $85 million fund to build 8 cybersecurity startups

    27 days ago - By Venture Beat

    Team8 announced it has raised $85 million from a coalition of major corporate partners to develop eight security startups over the next five years.
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  • Investors like Walmart and Microsoft back Team8's cybersecurity venture studio with $85 million

    Investors like Walmart and Microsoft back Team8's cybersecurity venture studio with $85 million

    27 days ago - By Tech Crunch

    The Israeli cybersecurity venture studio Team8 has raised $85 million in new financing from a clutch of new and returning strategic investors including Walmart , Airbus , SoftBank , and Microsoft's investment arm, M-12 .
    The studio's plans to raise a larger fund were first reported by PEHub in May .
    Team8 has long believed that by combining the strengths and security interests of strategic corporate partners it could develop better cybersecurity solutions that would be attractive to its investors and clients.
    Indeed, that was the thesis behind the $23 million that Team8 raised in 2016 when...
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