M12 - Microsoft's Venture Fund

M12 - Microsoft’s venture fund, invests in early-stage enterprise software companies with a focus on AI, cloud infrastructure, cybersecurity, developer tools, vertical SaaS, and Web3/Gaming. Since 2016, M12 has invested in over 100 companies, helping startups accelerate growth with unparalleled access to Microsoft.

Past deals in Cyber Security

SpecterOps

Series B in 2025
SpecterOps is a cybersecurity firm offering products, services, and training to help enterprises safeguard against sophisticated attacks. They assist businesses in closing attack vectors, evaluating and enhancing security operations programs, providing advanced adversary Tactics, Techniques, and Procedures (TTPs) training, and supporting industry initiatives.

Edera

Series A in 2025
Edera is a cybersecurity company that specializes in robust workload isolation solutions for Kubernetes and AI environments. Its core technology, a cloud-native Type 1 hypervisor, ensures each container operates within its own isolated kernel, preventing lateral movement and eliminating container escapes. This approach enhances security without compromising performance. Edera's platform is designed for seamless integration, requiring minimal configuration to secure workloads across various infrastructures. Additionally, the company supports open-source initiatives, such as 'Am I Isolated,' a Rust-based container runtime scanner that detects gaps in container isolation.

Zenity

Venture Round in 2024
Zenity specializes in securing low-code/no-code and AI application development. Its platform empowers application security professionals to safeguard business applications built on popular SaaS platforms like Microsoft, Salesforce, ServiceNow, and UiPath. Zenity's solution focuses on three key aspects: visibility into application usage, risk assessment, and governance.

Bolster

Series B in 2024
Bolster Inc. specializes in AI-driven cybersecurity solutions, protecting brands from online scams, account takeovers, and counterfeit activities across various channels like the open web, social media, app stores, and dark web. Its platform offers real-time detection, automated takedowns, continuous monitoring, and rich threat intelligence, serving clients across finance, technology, and retail sectors.

PAXAFE

Series A in 2024
Paxafe Inc., established in 2018 and headquartered in Milwaukee, Wisconsin, specializes in developing hardware and software solutions for secure packaging and supply chain management. The company offers Internet of Things (IoT) enabled products that are reusable, traceable, and secure, designed to protect high-margin freight from theft and chain-of-custody failures. Paxafe's solutions cater to various industries such as jewelry, luxury watches, diamonds, electronics, pharmaceuticals, and more. Its AI-enabled risk management platform integrates telematics and other data sources to predict adverse supply chain events, enabling intelligent cargo insurance and improving operational efficiencies for shippers, carriers, and insurance providers.

HiddenLayer

Series A in 2023
HiddenLayer provides security solutions for machine learning systems and the data that power them. The company offers threat modeling, ML risk assessment training, and red team assessment services, as well as model scanning and detection and response implementation for ML pipelines. Its platform analyzes model interactions to identify malicious activity without requiring prior knowledge of a user's AI model or sensitive training data, helping organizations detect and protect against threats to algorithms, models, and data throughout AI deployments.

NsKnox

Series B in 2023
NsKnox is a fintech security company specializing in cooperative cyber security that protects corporate payment systems from insider threats, external fraud, and data manipulation. It develops real-time fraud prevention technology that detects fraud, inside attacks, external scams, social engineering, and data manipulation, helping corporations and banks prevent fraud, ensure regulatory compliance in B2B payments, and strengthen protection across systems to ensure every payment reaches the intended beneficiary. The company was founded in 2016 by Alon Cohen and is based in Boston, Massachusetts.

Valence Security

Series A in 2022
Valence Security is a software company delivering a SaaS security platform that helps security teams identify and remediate risks across enterprise applications. The platform provides discovery of SaaS usage and configurations, identity and data risk, and hazards from SaaS-to-SaaS integration, along with comprehensive security posture management and threat detection. It supports automated risk remediation and identity threat detection and response, with a remediation-by-choice approach that combines manual remediation, automated workflows, and business-user collaboration to scale risk reduction. The solution also addresses GenAI risks, helping organizations securely adopt SaaS by reducing misconfigurations, improving compliance, and enabling proactive risk management across cloud-based software environments.

Ox Security

Seed Round in 2022
Ox Security is a company that provides a comprehensive security platform aimed at safeguarding the modern software supply chain from vulnerabilities. Its solution offers real-time, end-to-end visibility into various elements that affect software throughout the development pipeline. By providing insight into the software supply chain attack surface, including source code, pipelines, artifacts, container images, runtime assets, and applications, Ox Security enables DevOps teams to effectively identify and mitigate potential security risks. This holistic approach allows organizations to prevent attacks and enhance their overall software security posture.

Theom

Seed Round in 2022
Theom is an IT company that provides cloud and data security services to discover, track, and protect enterprise data in cloud environments. Its cloud-native security platform deploys quickly to uncover risks of data loss, prioritize corrective actions, and enable enterprises to securely use data in the cloud while focusing on growth. Founded in 2020 and headquartered in San Francisco.

Isovalent

Series B in 2022
Isovalent develops open-source software and enterprise solutions for cloud-native networking, security, and observability. Its flagship product, Cilium, enables enterprises to connect, monitor, and secure workloads in modern environments. Isovalent serves leading global organizations and has offices in Cupertino, CA and Zurich, Switzerland.

Karlsgate

Seed Round in 2022
Karlsgate is a company that specializes in data collaboration software, founded in 2020 and headquartered in Budd Lake, New Jersey. The company offers a platform that allows for the anonymous matching of data, ensuring the custody of information while protecting the identities of data subjects. Utilizing patent-pending crypto identity technology and deterministic cascading match algorithms, Karlsgate enables brands, agencies, and data providers to share valuable consumer insights while maintaining robust identity protection.

Hunters

Series C in 2022
Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

Contrast Security

Series E in 2021
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

Hunters

Series B in 2021
Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

At-Bay

Series D in 2021
At-Bay is a cyber insurance and risk management company that underwrites tailored policies addressing information privacy, network security, business disruptions, cyber extortion, financial fraud, and media risk. It provides security assessments and exposure analysis to identify and mitigate cyber risk and combines proprietary technology with insurance to offer proactive risk management alongside coverage for Cyber, Tech E&O, and Miscellaneous Professional Liability. The company operates an InsurSec platform that analyzes, models, and predicts cyber risks to tailor coverage for clients and brokers, and it delivers proprietary cybersecurity solutions such as Stance MDR. Based in Mountain View, California, with a development center in Tel Aviv, At-Bay serves thousands of US businesses through admitted and non-admitted carriers, aligning insurance protection with proactive security controls to help organizations manage digital risk.

Authomize (Now part of Delinea)

Series A in 2021
Authomize, based in Israel, specializes in identity and security management, providing a platform that automates the management of identities, access, and privileges across multi-cloud and hybrid environments. Its intelligent Prescriptive Analytics engine helps IT and security teams streamline operations surrounding authorizations, effectively preventing permission sprawl and enhancing productivity. By acting as a bridge between IT operations and security teams, Authomize reduces the operational burden tied to authorization processes while improving security posture and compliance. The platform features an API connector that integrates seamlessly with various identity providers and a wide range of applications, both on-premises and SaaS. Authomize is supported by notable investors, including Blumberg Capital and M12, as well as advisors from prominent companies in the tech industry.

Arkose Labs

Series C in 2021
Arkose Labs develops an online fraud and abuse prevention platform that protects businesses in sectors such as online marketplaces, travel, banking, social media, ticketing, and online gaming. The platform defends consumer actions against account takeover, fake account abuse, scraping, spam, and gift‑card fraud. Founded in 2015, the company is headquartered in San Mateo, California, with offices in London, Costa Rica, and Brisbane. It is recognized as a leader in bot detection and mitigation, offering a $1 million warranty for credential‑stuffing and SMS toll fraud. Arkose Labs’ AI‑powered system combines global telemetry, dynamic threat response, and a bilateral feedback loop to validate suspicious traffic and train enforcement, reducing friction for legitimate users while authenticating identities across all customer touchpoints.

Mend

Series D in 2021
Mend specializes in open-source software (OSS) lifecycle management solutions, offering a comprehensive cloud-based platform designed to manage the OSS lifecycle effectively. Their flagship product integrates seamlessly with development environments and DevOps pipelines, enabling real-time detection of open-source libraries that may pose security or compliance risks. Mend provides actionable remediation paths to resolve identified issues quickly and enforces automated policies to streamline the fixing process. The platform supports over 200 programming languages and continuously monitors multiple open-source vulnerability databases, ensuring that users are informed of potential risks while minimizing false positives. Founded in 2011 and headquartered in New York, Mend maintains additional offices in Boston, Givatayim, the United Kingdom, and Switzerland.

Aqua Security

Series E in 2021
Aqua Security develops a comprehensive cloud-native application security platform. It offers prevention, detection, and response automation across the entire application lifecycle, securing build processes, cloud infrastructure, and running workloads on various clouds and technologies like containers and serverless functions.

HYAS

Series B in 2021
HYAS Infosec Inc. is an information security company based in Nanaimo, Canada, founded in 2014. It specializes in developing advanced cybersecurity technology solutions for enterprise, small and medium-sized businesses, and consumer markets. The company's flagship product, Comox, is a security intelligence platform that connects specific attack instances and campaigns to historical indicators of compromise. It allows users to research malware samples and network traffic, providing valuable insights to enhance existing security information and event management (SIEM) efforts. Comox is utilized by a diverse clientele, including financial institutions, Fortune 500 companies, international law enforcement agencies, and major security firms. Additionally, HYAS is recognized as a leader in pre-zero-day cybersecurity risk, offering the industry’s first solution that seamlessly integrates with existing security frameworks to detect and mitigate cyber risks proactively while identifying potential adversaries.

Hunters

Series A in 2020
Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

At-Bay

Series C in 2020
At-Bay is a cyber insurance and risk management company that underwrites tailored policies addressing information privacy, network security, business disruptions, cyber extortion, financial fraud, and media risk. It provides security assessments and exposure analysis to identify and mitigate cyber risk and combines proprietary technology with insurance to offer proactive risk management alongside coverage for Cyber, Tech E&O, and Miscellaneous Professional Liability. The company operates an InsurSec platform that analyzes, models, and predicts cyber risks to tailor coverage for clients and brokers, and it delivers proprietary cybersecurity solutions such as Stance MDR. Based in Mountain View, California, with a development center in Tel Aviv, At-Bay serves thousands of US businesses through admitted and non-admitted carriers, aligning insurance protection with proactive security controls to help organizations manage digital risk.

SpyCloud

Series C in 2020
Founded in 2016, SpyCloud specializes in transforming recaptured darknet data into actionable insights for businesses to proactively prevent ransomware and account takeovers. Its solutions include early-warning breach detection, active directory protection, fraud investigation, corporate exposure alerts, password enforcement, and API integration. Headquartered in Austin, Texas, the company employs over 200 cybersecurity experts dedicated to making the internet safer.

Hunters

Series A in 2020
Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

Authomize (Now part of Delinea)

Seed Round in 2020
Authomize, based in Israel, specializes in identity and security management, providing a platform that automates the management of identities, access, and privileges across multi-cloud and hybrid environments. Its intelligent Prescriptive Analytics engine helps IT and security teams streamline operations surrounding authorizations, effectively preventing permission sprawl and enhancing productivity. By acting as a bridge between IT operations and security teams, Authomize reduces the operational burden tied to authorization processes while improving security posture and compliance. The platform features an API connector that integrates seamlessly with various identity providers and a wide range of applications, both on-premises and SaaS. Authomize is supported by notable investors, including Blumberg Capital and M12, as well as advisors from prominent companies in the tech industry.

Synack

Series D in 2020
Synack offers a crowdsourced security platform that combines global ethical hacker talent with proprietary scanning technology. It provides continuous penetration testing, vulnerability management, and application security solutions to protect organizations' digital assets.

Aqua Security

Series D in 2020
Aqua Security develops a comprehensive cloud-native application security platform. It offers prevention, detection, and response automation across the entire application lifecycle, securing build processes, cloud infrastructure, and running workloads on various clouds and technologies like containers and serverless functions.

At-Bay

Series B in 2020
At-Bay is a cyber insurance and risk management company that underwrites tailored policies addressing information privacy, network security, business disruptions, cyber extortion, financial fraud, and media risk. It provides security assessments and exposure analysis to identify and mitigate cyber risk and combines proprietary technology with insurance to offer proactive risk management alongside coverage for Cyber, Tech E&O, and Miscellaneous Professional Liability. The company operates an InsurSec platform that analyzes, models, and predicts cyber risks to tailor coverage for clients and brokers, and it delivers proprietary cybersecurity solutions such as Stance MDR. Based in Mountain View, California, with a development center in Tel Aviv, At-Bay serves thousands of US businesses through admitted and non-admitted carriers, aligning insurance protection with proactive security controls to help organizations manage digital risk.

Onfido

Series D in 2020
Onfido Limited, established in 2010 and headquartered in London, specializes in digital identity verification. The company offers a SaaS solution that uses AI-based technology to verify government-issued IDs and match them with facial biometrics, ensuring users' identities are genuine. Onfido's platform is employed in various sectors, including financial services, marketplaces, gaming, and e-commerce, for applications such as KYC, user onboarding, and fraud detection. The company operates globally with offices in major cities like San Francisco, New York, Lisbon, Paris, New Delhi, and Singapore.

Arkose Labs

Series B in 2020
Arkose Labs develops an online fraud and abuse prevention platform that protects businesses in sectors such as online marketplaces, travel, banking, social media, ticketing, and online gaming. The platform defends consumer actions against account takeover, fake account abuse, scraping, spam, and gift‑card fraud. Founded in 2015, the company is headquartered in San Mateo, California, with offices in London, Costa Rica, and Brisbane. It is recognized as a leader in bot detection and mitigation, offering a $1 million warranty for credential‑stuffing and SMS toll fraud. Arkose Labs’ AI‑powered system combines global telemetry, dynamic threat response, and a bilateral feedback loop to validate suspicious traffic and train enforcement, reducing friction for legitimate users while authenticating identities across all customer touchpoints.

Trusona

Series C in 2020
Trusona is a Scottsdale-based identity and authentication company that develops both a hardware device and a software platform to verify the identity of users during digital interactions. Its passwordless authentication solution eliminates the need to create or remember passwords and provides multi-factor security for employees, consumers, and organizational access such as VPNs. The technology relies on patented anti-replay mechanisms and the unique characteristics of each interaction to ensure the real person is behind every login or action. It supports ID verification workflows, including AAMVA ID proofing, and offers integrations aligned with PSD2 requirements to strengthen online security. Founded in 2015, Trusona aims to reduce cybercrime by removing passwords from the user experience.

Illusive Networks

Venture Round in 2019
Illusive Networks Ltd. is a cybersecurity company that specializes in deception-based solutions designed to protect enterprise systems from cyber threats. Founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York, Illusive aims to reduce cyber risk by shrinking the attack surface and hindering an attacker's lateral movement within the network. Its platform creates a hostile environment for potential intruders by replacing vulnerable connections with deceptive alternatives, enabling the identification of attackers and providing actionable forensic insights. The company's offerings include a range of services such as compliance support, insider threat defense, and cloud security, as well as tools like the Illusive Networks Management Platform and Attack Surface Manager. Illusive serves a diverse clientele across various sectors, including financial services, healthcare, legal, manufacturing, retail, and technology, and is recognized for its advanced detection of persistent threats and targeted attacks.

Aqua Security

Series C in 2019
Aqua Security develops a comprehensive cloud-native application security platform. It offers prevention, detection, and response automation across the entire application lifecycle, securing build processes, cloud infrastructure, and running workloads on various clouds and technologies like containers and serverless functions.

Onfido

Series C in 2019
Onfido Limited, established in 2010 and headquartered in London, specializes in digital identity verification. The company offers a SaaS solution that uses AI-based technology to verify government-issued IDs and match them with facial biometrics, ensuring users' identities are genuine. Onfido's platform is employed in various sectors, including financial services, marketplaces, gaming, and e-commerce, for applications such as KYC, user onboarding, and fraud detection. The company operates globally with offices in major cities like San Francisco, New York, Lisbon, Paris, New Delhi, and Singapore.

Contrast Security

Series D in 2019
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

SpyCloud

Series B in 2019
Founded in 2016, SpyCloud specializes in transforming recaptured darknet data into actionable insights for businesses to proactively prevent ransomware and account takeovers. Its solutions include early-warning breach detection, active directory protection, fraud investigation, corporate exposure alerts, password enforcement, and API integration. Headquartered in Austin, Texas, the company employs over 200 cybersecurity experts dedicated to making the internet safer.

NsKnox

Series A in 2019
NsKnox is a fintech security company specializing in cooperative cyber security that protects corporate payment systems from insider threats, external fraud, and data manipulation. It develops real-time fraud prevention technology that detects fraud, inside attacks, external scams, social engineering, and data manipulation, helping corporations and banks prevent fraud, ensure regulatory compliance in B2B payments, and strengthen protection across systems to ensure every payment reaches the intended beneficiary. The company was founded in 2016 by Alon Cohen and is based in Boston, Massachusetts.

Mend

Series C in 2018
Mend specializes in open-source software (OSS) lifecycle management solutions, offering a comprehensive cloud-based platform designed to manage the OSS lifecycle effectively. Their flagship product integrates seamlessly with development environments and DevOps pipelines, enabling real-time detection of open-source libraries that may pose security or compliance risks. Mend provides actionable remediation paths to resolve identified issues quickly and enforces automated policies to streamline the fixing process. The platform supports over 200 programming languages and continuously monitors multiple open-source vulnerability databases, ensuring that users are informed of potential risks while minimizing false positives. Founded in 2011 and headquartered in New York, Mend maintains additional offices in Boston, Givatayim, the United Kingdom, and Switzerland.

HYAS

Series A in 2018
HYAS Infosec Inc. is an information security company based in Nanaimo, Canada, founded in 2014. It specializes in developing advanced cybersecurity technology solutions for enterprise, small and medium-sized businesses, and consumer markets. The company's flagship product, Comox, is a security intelligence platform that connects specific attack instances and campaigns to historical indicators of compromise. It allows users to research malware samples and network traffic, providing valuable insights to enhance existing security information and event management (SIEM) efforts. Comox is utilized by a diverse clientele, including financial institutions, Fortune 500 companies, international law enforcement agencies, and major security firms. Additionally, HYAS is recognized as a leader in pre-zero-day cybersecurity risk, offering the industry’s first solution that seamlessly integrates with existing security frameworks to detect and mitigate cyber risks proactively while identifying potential adversaries.

LoginRadius

Series A in 2018
LoginRadius Inc. is a cloud-based customer identity and access management company that provides a platform specifically designed for mid-to-large sized enterprises globally. Founded in 2011 and headquartered in Vancouver, Canada, with additional offices in India and California, LoginRadius offers a comprehensive suite of services that enhance the customer experience by centralizing customer data and enabling the creation of unified profiles. The platform features customer registration services, social login, user management, and integration with over 150 third-party marketing applications. Additionally, it includes robust security measures such as multi-factor authentication and single sign-on capabilities for both web and mobile applications. LoginRadius serves over 3,000 businesses, reaching approximately 1.17 billion consumers monthly, and is recognized as a key player in the Consumer Identity and Access Management sector by industry analysts.

Contrast Security

Series C in 2017
Contrast Security, founded in 2014 and headquartered in Los Altos, California, specializes in developing security software that empowers applications to safeguard themselves against cyberattacks. Its patented deep security instrumentation embeds code analysis and attack prevention directly into software, providing comprehensive security observability and eliminating the need for disruptive scanning or specialized security experts. Contrast Security offers two primary solutions: Contrast Assess, which infuses software with vulnerability assessment capabilities; and Contrast Protect, a runtime application self-protection solution that understands how attacks behave in real-time. The company's platform accelerates development cycles, improves efficiencies, and enables businesses to protect applications from known and unknown threats continuously throughout the software lifecycle.

Onfido

Series C in 2017
Onfido Limited, established in 2010 and headquartered in London, specializes in digital identity verification. The company offers a SaaS solution that uses AI-based technology to verify government-issued IDs and match them with facial biometrics, ensuring users' identities are genuine. Onfido's platform is employed in various sectors, including financial services, marketplaces, gaming, and e-commerce, for applications such as KYC, user onboarding, and fraud detection. The company operates globally with offices in major cities like San Francisco, New York, Lisbon, Paris, New Delhi, and Singapore.

Aqua Security

Series B in 2017
Aqua Security develops a comprehensive cloud-native application security platform. It offers prevention, detection, and response automation across the entire application lifecycle, securing build processes, cloud infrastructure, and running workloads on various clouds and technologies like containers and serverless functions.

Mend

Series B in 2017
Mend specializes in open-source software (OSS) lifecycle management solutions, offering a comprehensive cloud-based platform designed to manage the OSS lifecycle effectively. Their flagship product integrates seamlessly with development environments and DevOps pipelines, enabling real-time detection of open-source libraries that may pose security or compliance risks. Mend provides actionable remediation paths to resolve identified issues quickly and enforces automated policies to streamline the fixing process. The platform supports over 200 programming languages and continuously monitors multiple open-source vulnerability databases, ensuring that users are informed of potential risks while minimizing false positives. Founded in 2011 and headquartered in New York, Mend maintains additional offices in Boston, Givatayim, the United Kingdom, and Switzerland.

Trusona

Series B in 2017
Trusona is a Scottsdale-based identity and authentication company that develops both a hardware device and a software platform to verify the identity of users during digital interactions. Its passwordless authentication solution eliminates the need to create or remember passwords and provides multi-factor security for employees, consumers, and organizational access such as VPNs. The technology relies on patented anti-replay mechanisms and the unique characteristics of each interaction to ensure the real person is behind every login or action. It supports ID verification workflows, including AAMVA ID proofing, and offers integrations aligned with PSD2 requirements to strengthen online security. Founded in 2015, Trusona aims to reduce cybercrime by removing passwords from the user experience.

Synack

Series C in 2017
Synack offers a crowdsourced security platform that combines global ethical hacker talent with proprietary scanning technology. It provides continuous penetration testing, vulnerability management, and application security solutions to protect organizations' digital assets.

Illusive Networks

Venture Round in 2017
Illusive Networks Ltd. is a cybersecurity company that specializes in deception-based solutions designed to protect enterprise systems from cyber threats. Founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York, Illusive aims to reduce cyber risk by shrinking the attack surface and hindering an attacker's lateral movement within the network. Its platform creates a hostile environment for potential intruders by replacing vulnerable connections with deceptive alternatives, enabling the identification of attackers and providing actionable forensic insights. The company's offerings include a range of services such as compliance support, insider threat defense, and cloud security, as well as tools like the Illusive Networks Management Platform and Attack Surface Manager. Illusive serves a diverse clientele across various sectors, including financial services, healthcare, legal, manufacturing, retail, and technology, and is recognized for its advanced detection of persistent threats and targeted attacks.

Team8

Venture Round in 2017
Team8 is a global venture group established in 2014, headquartered in Tel Aviv. It builds and invests in companies specializing in enterprise technology, cybersecurity, data science, AI, and fintech. Team8's signature 'Foundry' model identifies big problems, ideates solutions, and accelerates success through technology, market fit, and talent acquisition. Backed by global corporations like Microsoft, Walmart, Cisco, Barclays, and Moody's, Team8 is led by serial entrepreneurs and industry pioneers.

Aqua Security

Series A in 2016
Aqua Security develops a comprehensive cloud-native application security platform. It offers prevention, detection, and response automation across the entire application lifecycle, securing build processes, cloud infrastructure, and running workloads on various clouds and technologies like containers and serverless functions.

i3 Equity Partners

Seed Round in 2016
i3 Equity Partners is a Tel Aviv-based venture capital firm founded in 2016 that focuses on early-stage deep-tech startups in Israel. It concentrates on sectors such as agriculture, digital health, automotive and mobility, artificial intelligence, virtual and augmented reality, drones, robotics, cybersecurity, smart city and smart home technologies, industry 4.0, proactive maintenance, government technology, consumer tech and insurance. Backed by a consortium of global industry leaders, the firm provides more than capital by leveraging its partners to accelerate time to market and support value creation through strategic guidance, partnerships and resources throughout product development and growth.
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