Hysolate, an Israel-based cybersecurity firm, has raised $8 million in funding from Team8 and Innovation Endeavors to enhance its innovative virtual air gap technology, which offers enterprises a secure and efficient solution to combat cyber threats.
Target Company Overview
Hysolate is an innovative cybersecurity firm based in Israel that has recently transitioned out of stealth mode to announce an $8 million funding round led by Team8 and Innovation Endeavors. Team8, a cyber-focused think tank supported by industry giants like Microsoft and Qualcomm, has now launched Hysolate as its fourth company. The leadership team at Team8 boasts a wealth of experience, particularly from unit 8200, the Israeli military's elite intelligence unit, also often referred to as Israel's equivalent of the NSA.
Founded by CEO Tal Zamir and COO Dan Dinnar, Hysolate leverages the duo's extensive backgrounds in cybersecurity. Zamir, a veteran of a premier Israeli cyber unit, previously held a significant research and development role at Wanova before its acquisition by VMware. Dinnar, on the other hand, not only served as the former CEO of HexaTier (acquired by Huawei) but also held an executive position at CyberArk Software. Their combined expertise positions Hysolate uniquely in the cybersecurity space.
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Industry Overview in Israel
Israel is globally recognized as a leading hub for cybersecurity innovation. The nation’s rich ecosystem is driven by a strong militaristic foundation paving the way for advanced cybersecurity solutions. The resilience built through co
Similar Deals
Team8 and Innovation Endeavors
invested in
Hysolate
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $8M