M12

M12, the venture capital arm of Microsoft, focuses on investing in early-stage and growth-stage technology companies, primarily in North America and Israel. Established in 2012 and based in Seattle, with additional offices in other regions, M12 targets investments in sectors such as cloud computing, artificial intelligence, cybersecurity, and enterprise software. The firm typically invests between $50,000 and $300,000 in companies across Series A to C. M12 also operates an accelerator program tailored for later-stage startups, offering a four to six-month curriculum and co-working space in Seattle. The firm aims to support startups that are innovating in technology and seeks to invest in accelerators as well.

Noah Bradford

Investor

Hina Dixit

Partner

Irad Dor

Partner

Michelle Gonzalez

Corporate Vice President and Global Head

Todd Graham

Managing Partner

Mony Hassid

Managing Director

Warwick Hill

CEO in Residence

Samir Kumar

MD

Abhi Kumar

Partner

Ainhoa Maiz

Associate

Jason McBride

Partner

Priyanka Mitra

Partner

Shir Sarouf

Senior Associate

Andrew Smyth

Managing Partner

Carli Stein

Strategy & Research Analyst

Michael Stewart

Partner

Chinedu Udeogu

Investor

James Wu

Partner

Past deals in Cyber Security

NsKnox

Series B in 2023
NsKnox Technologies is a Fintech - Security company, revolutionizing the way organizations would protect themselves. It provides solutions in the ground-breaking field of Cooperative Cyber Security (CCS) based on a whole new approach for protecting corporate payment systems against insider threats, external fraud, and data manipulation attempts. The company was founded in 2016 by Alon Cohen and is based in Boston, Massachusetts.

Ox Security

Seed Round in 2022
Ox Security is the first end-to-end security solution to prevent attacks across your software. supply chain.

Hunters

Series C in 2022
Cyber Hunters Ltd. develops an artificial intelligence (AI) based software solution for the detection of cyber attack. The company offers a platform, Hunters.AI, which provides detection, prevention, and autonomous hunting cyber threats and breaches. It connects the digital traces to generate actionable visualized attack stories, and optimizes response time. The company was founded in 2018 and is headquartered in Tel Aviv, Israel.

Contrast Security

Series E in 2021
Contrast Security, Inc. develops security software that enables applications to protect themselves against cyberattacks. The company’s technology includes sensors that work inside applications to uncover vulnerabilities, prevent data breaches, and secure enterprise assets. Its solutions include Contrast Assess, an application security testing solution that infuses software with vulnerability assessment capabilities for security flaws identification; Contrast Protect, a runtime application self-protection solution that uses security instrumentation to gain insight into exactly how attacks behave; and bug tracker and integrated development environment (IDE) integrations to enable development teams to deliver secure applications without disrupting productivity. Contrast Security, Inc. was founded in 2014 and is based in Los Altos, California.

Private AI

Seed Round in 2021
Private AI Inc., established in 2017 and located in Toronto, Canada, specializes in the development of privacy-preserving machine learning and natural language processing tools. The company aims to create solutions that enhance secure and seamless data analysis, thereby supporting innovative software development while safeguarding user privacy. Through its advanced technologies, Private AI seeks to address the growing demand for data security in various applications, ensuring that sensitive information remains protected during analysis and processing.

Hunters

Series B in 2021
Cyber Hunters Ltd. develops an artificial intelligence (AI) based software solution for the detection of cyber attack. The company offers a platform, Hunters.AI, which provides detection, prevention, and autonomous hunting cyber threats and breaches. It connects the digital traces to generate actionable visualized attack stories, and optimizes response time. The company was founded in 2018 and is headquartered in Tel Aviv, Israel.

At-Bay

Series D in 2021
At-Bay, Inc. specializes in cyber insurance underwriting and risk management services, offering customized insurance policies that address various cyber risks such as information privacy, network security failures, cyber extortion, and financial fraud. The company emphasizes comprehensive risk assessment, security analysis, and exposure evaluation to help clients understand and mitigate cyber threats. Founded in 2016 and based in Mountain View, California, At-Bay also maintains a research and development center in Tel Aviv, Israel. Originally known as Cyberjack Inc., the company rebranded in 2017 to reflect its focus on providing insurance solutions that enable businesses to innovate while managing the ever-present challenges of cyber risk. Through continuous analysis and modeling of cyber threats, At-Bay partners with brokers to deliver effective risk management programs tailored to the needs of its clients.

Authomize

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, Inc. is a technology company specializing in online fraud and abuse prevention for various sectors, including online marketplaces, travel, banking, social media, ticketing, and online gaming. Founded in 2015 and headquartered in San Francisco, California, with an additional location in Brisbane, Australia, the company offers a platform that safeguards consumer actions against threats such as account takeover, fake account abuse, scraping, spam, and gift card fraud. Arkose Labs employs a unique approach that focuses on determining true user intent and addressing attacks in real-time through risk assessments and interactive authentication challenges. By undermining the financial incentives behind fraudulent activities, the platform enhances security and improves customer experiences for businesses in retail, gaming, and fintech industries. Recognized by Gartner as a 2020 Cool Vendor, Arkose Labs aims to provide long-term protection while maintaining effective customer throughput.

Mend

Series D in 2021
WhiteSource is the leading solution for agile open source security and license compliance management. It integrates with your development environments and DevOps pipeline to detect open source libraries with security or compliance issues in real-time. WhiteSource doesn’t only alert on issues, it also provides actionable, validated remediation paths to enable quick resolution and automated policy enforcement to speed up time-to-fix. It also helps you focus on what matters by prioritizing remediation based on whether your code is actually using a vulnerable method or not, and guaranteeing zero false positives. We've got you covered with support for over 200 programming languages, and continuous tracking of multiple open source vulnerabilities databases including the NVD, security advisories, peer-reviewed vulnerability knowledge bases, and open source projects issue trackers.

Aqua Security

Series E in 2021
Aqua Security helps enterprises secure their cloud native, container-based and serverless applications from development to production. Aqua bridges the gap between DevOps and security, promoting business agility and accelerating digital transformation. Aqua’s Cloud Native Security Platform provides full visibility and security automation across the entire application lifecycle, using a modern zero-touch approach to detect and prevent threats while simplifying regulatory compliance. Aqua customers include some of the world’s largest financial services, software development, internet, media, hospitality and retail companies, with implementations across the globe spanning a broad range of cloud providers and on-premise technologies. Aqua’s Container Security Platform provides full visibility into container activity, allowing organizations to detect and prevent suspicious activity and attacks, providing transparent, automated security while helping to enforce policy and simplify regulatory compliance.

HYAS

Series B in 2021
HYAS Infosec Inc. operates as an information security company that develops next generation information security technology solutions for enterprise, SMB, and consumer markets. It offers Comox, a security intelligence platform to connect specific attack instances and campaigns to historical indicators of compromise; research malware samples and their corresponding network traffic, and bring insights into existing SIEM efforts. The company’s Comox is used by financial institutions, Fortune 500 companies, international law enforcement agencies, and major security companies. The company was founded in 2014 and is based in Nanaimo, Canada.

Hunters

Series A in 2020
Cyber Hunters Ltd. develops an artificial intelligence (AI) based software solution for the detection of cyber attack. The company offers a platform, Hunters.AI, which provides detection, prevention, and autonomous hunting cyber threats and breaches. It connects the digital traces to generate actionable visualized attack stories, and optimizes response time. The company was founded in 2018 and is headquartered in Tel Aviv, Israel.

At-Bay

Series C in 2020
At-Bay, Inc. specializes in cyber insurance underwriting and risk management services, offering customized insurance policies that address various cyber risks such as information privacy, network security failures, cyber extortion, and financial fraud. The company emphasizes comprehensive risk assessment, security analysis, and exposure evaluation to help clients understand and mitigate cyber threats. Founded in 2016 and based in Mountain View, California, At-Bay also maintains a research and development center in Tel Aviv, Israel. Originally known as Cyberjack Inc., the company rebranded in 2017 to reflect its focus on providing insurance solutions that enable businesses to innovate while managing the ever-present challenges of cyber risk. Through continuous analysis and modeling of cyber threats, At-Bay partners with brokers to deliver effective risk management programs tailored to the needs of its clients.

SpyCloud

Series C in 2020
SpyCloud Inc. is a cybersecurity company based in Austin, Texas, focused on preventing account takeovers and online fraud. Founded in 2016, it offers a comprehensive prevention platform that includes early-warning breach detection services, which alert businesses when employee or company accounts have been compromised. The company's solutions encompass account takeover fraud prevention, active directory protection, fraud investigation, and corporate exposure alerts. Additionally, SpyCloud provides password enforcement and a customizable API that integrates with various applications and security systems. By leveraging intelligence analysts and advanced analytics, SpyCloud helps organizations of all sizes protect the identities of their employees, consumers, and suppliers from cyber threats, enabling proactive measures against ransomware and account takeovers.

Hunters

Series A in 2020
Cyber Hunters Ltd. develops an artificial intelligence (AI) based software solution for the detection of cyber attack. The company offers a platform, Hunters.AI, which provides detection, prevention, and autonomous hunting cyber threats and breaches. It connects the digital traces to generate actionable visualized attack stories, and optimizes response time. The company was founded in 2018 and is headquartered in Tel Aviv, Israel.

Authomize

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, Inc. provides a crowdsourced security platform for penetration testing. It offers Synack that enables customer data integrity, privacy, and confidentiality. The company’s military-grade virtual private testing environment platform allows the global security community accessible to enterprises and engages global security researchers to test systems in virtual private testing environments, as well as provides secure manual security assessment. Synack, Inc. was incorporated in 2013 and is based in Redwood City, California.

Aqua Security

Series D in 2020
Aqua Security helps enterprises secure their cloud native, container-based and serverless applications from development to production. Aqua bridges the gap between DevOps and security, promoting business agility and accelerating digital transformation. Aqua’s Cloud Native Security Platform provides full visibility and security automation across the entire application lifecycle, using a modern zero-touch approach to detect and prevent threats while simplifying regulatory compliance. Aqua customers include some of the world’s largest financial services, software development, internet, media, hospitality and retail companies, with implementations across the globe spanning a broad range of cloud providers and on-premise technologies. Aqua’s Container Security Platform provides full visibility into container activity, allowing organizations to detect and prevent suspicious activity and attacks, providing transparent, automated security while helping to enforce policy and simplify regulatory compliance.

At-Bay

Series B in 2020
At-Bay, Inc. specializes in cyber insurance underwriting and risk management services, offering customized insurance policies that address various cyber risks such as information privacy, network security failures, cyber extortion, and financial fraud. The company emphasizes comprehensive risk assessment, security analysis, and exposure evaluation to help clients understand and mitigate cyber threats. Founded in 2016 and based in Mountain View, California, At-Bay also maintains a research and development center in Tel Aviv, Israel. Originally known as Cyberjack Inc., the company rebranded in 2017 to reflect its focus on providing insurance solutions that enable businesses to innovate while managing the ever-present challenges of cyber risk. Through continuous analysis and modeling of cyber threats, At-Bay partners with brokers to deliver effective risk management programs tailored to the needs of its clients.

Arkose Labs

Series B in 2020
Arkose Labs, Inc. is a technology company specializing in online fraud and abuse prevention for various sectors, including online marketplaces, travel, banking, social media, ticketing, and online gaming. Founded in 2015 and headquartered in San Francisco, California, with an additional location in Brisbane, Australia, the company offers a platform that safeguards consumer actions against threats such as account takeover, fake account abuse, scraping, spam, and gift card fraud. Arkose Labs employs a unique approach that focuses on determining true user intent and addressing attacks in real-time through risk assessments and interactive authentication challenges. By undermining the financial incentives behind fraudulent activities, the platform enhances security and improves customer experiences for businesses in retail, gaming, and fintech industries. Recognized by Gartner as a 2020 Cool Vendor, Arkose Labs aims to provide long-term protection while maintaining effective customer throughput.

Hazy

Seed Round in 2020
Hazy Limited is a London-based company that specializes in automatic data anonymization through artificial intelligence. Established in 2017, Hazy develops a workflow tool that facilitates the secure sharing of data, adapting to evolving datasets. The company's primary offering is synthetic data, which is artificially generated using machine learning techniques. This synthetic data retains the statistical properties of real data, allowing organizations to conduct analytics and foster innovation without compromising privacy or confidentiality. By capturing patterns from raw data, Hazy produces entirely synthetic datasets that provide the analytical value of original data while eliminating compliance, security, and privacy risks. The company is recognized as a spin-out from University College London and has received backing from notable entities such as Microsoft and Nationwide.

Trusona

Series C in 2020
Trusona, Inc. develops and manufactures a category-defining identity and authentication device that helps ensure the identity of the person on the other side of the login. The company also develops a software technology platform. Its solutions include password less authentication, multi-factor authentication, employees, consumers, VPN, ID scanning, AAMVA ID proofing, PSD2, and integrations. Trusona, Inc. was formerly known as PassFort, Inc. The company was incorporated in 2015 and is based in Scottsdale, Arizona.

Illusive

Venture Round in 2019
Illusive Networks Ltd. specializes in cybersecurity solutions that utilize deception technology to protect organizations from advanced cyber threats. The company offers a range of services, including compliance support, insider threat defense, and cloud security solutions. Their product suite includes the Illusive Networks Management Platform for centralized cyber security management, the Attack Surface Manager for continuous network vulnerability discovery, and tools for attack detection and intelligence that provide actionable insights into cyber incidents. Illusive Networks serves various industries, including financial services, healthcare, legal, manufacturing, retail, and technology. Founded in 2014, the company operates from its headquarters in Tel Aviv-Yafo, Israel, and has an additional office in New York, New York.

Aqua Security

Series C in 2019
Aqua Security helps enterprises secure their cloud native, container-based and serverless applications from development to production. Aqua bridges the gap between DevOps and security, promoting business agility and accelerating digital transformation. Aqua’s Cloud Native Security Platform provides full visibility and security automation across the entire application lifecycle, using a modern zero-touch approach to detect and prevent threats while simplifying regulatory compliance. Aqua customers include some of the world’s largest financial services, software development, internet, media, hospitality and retail companies, with implementations across the globe spanning a broad range of cloud providers and on-premise technologies. Aqua’s Container Security Platform provides full visibility into container activity, allowing organizations to detect and prevent suspicious activity and attacks, providing transparent, automated security while helping to enforce policy and simplify regulatory compliance.

Contrast Security

Series D in 2019
Contrast Security, Inc. develops security software that enables applications to protect themselves against cyberattacks. The company’s technology includes sensors that work inside applications to uncover vulnerabilities, prevent data breaches, and secure enterprise assets. Its solutions include Contrast Assess, an application security testing solution that infuses software with vulnerability assessment capabilities for security flaws identification; Contrast Protect, a runtime application self-protection solution that uses security instrumentation to gain insight into exactly how attacks behave; and bug tracker and integrated development environment (IDE) integrations to enable development teams to deliver secure applications without disrupting productivity. Contrast Security, Inc. was founded in 2014 and is based in Los Altos, California.

SpyCloud

Series B in 2019
SpyCloud Inc. is a cybersecurity company based in Austin, Texas, focused on preventing account takeovers and online fraud. Founded in 2016, it offers a comprehensive prevention platform that includes early-warning breach detection services, which alert businesses when employee or company accounts have been compromised. The company's solutions encompass account takeover fraud prevention, active directory protection, fraud investigation, and corporate exposure alerts. Additionally, SpyCloud provides password enforcement and a customizable API that integrates with various applications and security systems. By leveraging intelligence analysts and advanced analytics, SpyCloud helps organizations of all sizes protect the identities of their employees, consumers, and suppliers from cyber threats, enabling proactive measures against ransomware and account takeovers.

NsKnox

Series A in 2019
NsKnox Technologies is a Fintech - Security company, revolutionizing the way organizations would protect themselves. It provides solutions in the ground-breaking field of Cooperative Cyber Security (CCS) based on a whole new approach for protecting corporate payment systems against insider threats, external fraud, and data manipulation attempts. The company was founded in 2016 by Alon Cohen and is based in Boston, Massachusetts.

Mend

Series C in 2018
WhiteSource is the leading solution for agile open source security and license compliance management. It integrates with your development environments and DevOps pipeline to detect open source libraries with security or compliance issues in real-time. WhiteSource doesn’t only alert on issues, it also provides actionable, validated remediation paths to enable quick resolution and automated policy enforcement to speed up time-to-fix. It also helps you focus on what matters by prioritizing remediation based on whether your code is actually using a vulnerable method or not, and guaranteeing zero false positives. We've got you covered with support for over 200 programming languages, and continuous tracking of multiple open source vulnerabilities databases including the NVD, security advisories, peer-reviewed vulnerability knowledge bases, and open source projects issue trackers.

HYAS

Series A in 2018
HYAS Infosec Inc. operates as an information security company that develops next generation information security technology solutions for enterprise, SMB, and consumer markets. It offers Comox, a security intelligence platform to connect specific attack instances and campaigns to historical indicators of compromise; research malware samples and their corresponding network traffic, and bring insights into existing SIEM efforts. The company’s Comox is used by financial institutions, Fortune 500 companies, international law enforcement agencies, and major security companies. The company was founded in 2014 and is based in Nanaimo, Canada.

Hazy

Seed Round in 2018
Hazy Limited is a London-based company that specializes in automatic data anonymization through artificial intelligence. Established in 2017, Hazy develops a workflow tool that facilitates the secure sharing of data, adapting to evolving datasets. The company's primary offering is synthetic data, which is artificially generated using machine learning techniques. This synthetic data retains the statistical properties of real data, allowing organizations to conduct analytics and foster innovation without compromising privacy or confidentiality. By capturing patterns from raw data, Hazy produces entirely synthetic datasets that provide the analytical value of original data while eliminating compliance, security, and privacy risks. The company is recognized as a spin-out from University College London and has received backing from notable entities such as Microsoft and Nationwide.

Contrast Security

Series C in 2017
Contrast Security, Inc. develops security software that enables applications to protect themselves against cyberattacks. The company’s technology includes sensors that work inside applications to uncover vulnerabilities, prevent data breaches, and secure enterprise assets. Its solutions include Contrast Assess, an application security testing solution that infuses software with vulnerability assessment capabilities for security flaws identification; Contrast Protect, a runtime application self-protection solution that uses security instrumentation to gain insight into exactly how attacks behave; and bug tracker and integrated development environment (IDE) integrations to enable development teams to deliver secure applications without disrupting productivity. Contrast Security, Inc. was founded in 2014 and is based in Los Altos, California.

Aqua Security

Series B in 2017
Aqua Security helps enterprises secure their cloud native, container-based and serverless applications from development to production. Aqua bridges the gap between DevOps and security, promoting business agility and accelerating digital transformation. Aqua’s Cloud Native Security Platform provides full visibility and security automation across the entire application lifecycle, using a modern zero-touch approach to detect and prevent threats while simplifying regulatory compliance. Aqua customers include some of the world’s largest financial services, software development, internet, media, hospitality and retail companies, with implementations across the globe spanning a broad range of cloud providers and on-premise technologies. Aqua’s Container Security Platform provides full visibility into container activity, allowing organizations to detect and prevent suspicious activity and attacks, providing transparent, automated security while helping to enforce policy and simplify regulatory compliance.

Mend

Series B in 2017
WhiteSource is the leading solution for agile open source security and license compliance management. It integrates with your development environments and DevOps pipeline to detect open source libraries with security or compliance issues in real-time. WhiteSource doesn’t only alert on issues, it also provides actionable, validated remediation paths to enable quick resolution and automated policy enforcement to speed up time-to-fix. It also helps you focus on what matters by prioritizing remediation based on whether your code is actually using a vulnerable method or not, and guaranteeing zero false positives. We've got you covered with support for over 200 programming languages, and continuous tracking of multiple open source vulnerabilities databases including the NVD, security advisories, peer-reviewed vulnerability knowledge bases, and open source projects issue trackers.

Trusona

Series B in 2017
Trusona, Inc. develops and manufactures a category-defining identity and authentication device that helps ensure the identity of the person on the other side of the login. The company also develops a software technology platform. Its solutions include password less authentication, multi-factor authentication, employees, consumers, VPN, ID scanning, AAMVA ID proofing, PSD2, and integrations. Trusona, Inc. was formerly known as PassFort, Inc. The company was incorporated in 2015 and is based in Scottsdale, Arizona.

Synack

Series C in 2017
Synack, Inc. provides a crowdsourced security platform for penetration testing. It offers Synack that enables customer data integrity, privacy, and confidentiality. The company’s military-grade virtual private testing environment platform allows the global security community accessible to enterprises and engages global security researchers to test systems in virtual private testing environments, as well as provides secure manual security assessment. Synack, Inc. was incorporated in 2013 and is based in Redwood City, California.

Illusive

Venture Round in 2017
Illusive Networks Ltd. specializes in cybersecurity solutions that utilize deception technology to protect organizations from advanced cyber threats. The company offers a range of services, including compliance support, insider threat defense, and cloud security solutions. Their product suite includes the Illusive Networks Management Platform for centralized cyber security management, the Attack Surface Manager for continuous network vulnerability discovery, and tools for attack detection and intelligence that provide actionable insights into cyber incidents. Illusive Networks serves various industries, including financial services, healthcare, legal, manufacturing, retail, and technology. Founded in 2014, the company operates from its headquarters in Tel Aviv-Yafo, Israel, and has an additional office in New York, New York.

Team8

Venture Round in 2017
Team8 is a venture capital firm established in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York City. The firm specializes in building and investing in startups focused on enterprise technology, cybersecurity, data science, AI, and fintech. Team8 employs a unique model that combines in-house company builders with a network of experienced executives and industry leaders, particularly drawing from the expertise of Israel's elite tech and intelligence Unit 8200. This collaborative approach enables Team8 to identify significant market challenges, develop innovative solutions, and accelerate the growth of new ventures. The firm targets early-stage investments, including seed and Series A and B rounds, and is backed by prominent global companies such as Microsoft, Walmart, Cisco, Barclays, and Moody's. Through its initiatives, Team8 aims to transform the technological landscape by co-founding and supporting companies that drive digital innovation and enhance the capabilities of existing financial and technological institutions.

Aqua Security

Series A in 2016
Aqua Security helps enterprises secure their cloud native, container-based and serverless applications from development to production. Aqua bridges the gap between DevOps and security, promoting business agility and accelerating digital transformation. Aqua’s Cloud Native Security Platform provides full visibility and security automation across the entire application lifecycle, using a modern zero-touch approach to detect and prevent threats while simplifying regulatory compliance. Aqua customers include some of the world’s largest financial services, software development, internet, media, hospitality and retail companies, with implementations across the globe spanning a broad range of cloud providers and on-premise technologies. Aqua’s Container Security Platform provides full visibility into container activity, allowing organizations to detect and prevent suspicious activity and attacks, providing transparent, automated security while helping to enforce policy and simplify regulatory compliance.