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, Citigroup, Microsoft and Qualcomm amongst others. It has also been in news for receiving funding from Bessemer Venture Partners.
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. 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.
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