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“Global cybersecurity threats are only becoming more targeted, frequent, and destructive in nature, so we’re fortunate to be partnering with Team8, who is at the forefront of new cutting-edge cybersecurity innovation,” said Eric Schmidt, founding partner of Innovation Endeavors and executive chairman of Google. “Team8 is a great example of how Israel has some of the best talent in the world to confront these challenges through its ability to develop advanced and creative solutions for this rapidly evolving landscape.”
New Model The Team8 foundry is a platform for building and launching cybersecurity companies from scratch. At the core of the foundry is a technology research group that acts as an operational “think tank,” carrying out extensive, practical research that incorporates offensive and defensive expertise. Team8 has assembled a unique pool of talent, and applies proven methods for tackling the most challenging cybersecurity problems. Team8 also recruits experienced entrepreneurs to partner with technical teams, and plans to inject the capital, resources, expertise, and talent they need at every phase to launch successful startups. “With the escalation of cyber conflicts, the world needs inter-disciplinary teams of the very best talent to formulate new approaches to security,” said Team8 Co-founder Nadav Zafrir. “Over the past year, Team8 has developed a unique model to tackle the toughest problems, inventing disruptive technologies that are commercialized through the creation of new startup companies.” Experienced Team The founding team is composed of accomplished entrepreneurs and cyber innovation executives. Nadav Zafrir and Israel Grimberg, known figures in the Israeli cyber innovation space, co-founded Team8 together with Liran Grinberg, an entrepreneur and product management expert (eToro, Conduit). Team8’s technology research group is led by cyber research veteran, Assaf Mischari. Ray Rothrock, an investor and board member of Check Point Software Technologies, is joining Team8’s board of directors. A special advisor to the team is Ronni Zehavi, a former security executive at Akamai Technologies who previously founded Cotendo (acquired by Akamai). “In 22 years of investing in phenomenal entrepreneurs, I have never seen as strong a group of security talent as I’ve seen within Team8,” said BVP partner David Cowan, who co-founded VeriSign, Good Technology, and Defense.net, and led early venture rounds in more than 30 cybersecurity companies. “Having personally witnessed early simplistic attacks evolve into organized crime and nation-sponsored advanced persistent threats (APTs), I believe defense requires a deep, first-hand understanding of the cutting-edge cyber techniques and processes. Team8 clearly has this understanding. No other private sector team understands this as deeply as Team8.”
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