Hysolate, a Tel Aviv-based cybersecurity startup, has secured $8 million in funding from notable investors, aimed at enhancing its innovative technology designed to protect computer networks by operating through two separate operating systems.
Target Information
Hysolate Ltd. is a cybersecurity startup based in Tel Aviv, Israel, focusing on innovative solutions to enhance computer network security. The company has developed a unique technology that operates on two distinct operating systems, providing users with the capability to access the internet freely while safeguarding sensitive operations. This technology, referred to as a "virtual air gap," prevents potential cyber threats from infiltrating the corporate network by isolating sensitive data activity from regular internet usage.
Founded by Tal Zamir and Dan Dinnar, Hysolate employs a dedicated team of 25 professionals across its offices located in Tel Aviv and New York. The founders bring significant experience to the company; Zamir led research and development at Wanova, which was successfully acquired by VMware in 2012 for $100 million, while Dinnar served as CEO of HexaTier, which was acquired by Huawei for $42 million in 2016.
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Industry Overview
The cybersecurity industry in Israel is robust and highly regarded, often recognized as one of the global leaders in cybersecurity innovation. With a strong presence of startups and established companies, Israel ranks among the top countries for cybersecurit
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Innovation Endeavors, Team8
invested in
Hysolate Ltd.
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $8M