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What does Illusive Networks do?
Illusive networks, is a cyber security company which is at the forefront of deception technology. The company provides utmost protection against APTs and targeted attacks. It creates an alternate reality, woven transparently into the user’s current network. Attackers entering this reality are identified instantly with certainty, which triggers a high fidelity report which lets the users realize it’s time for action.
How much Illusive Networks was funded?
The company raised $3M in Series B on May 16, 2016 from Innovation Endeavors, Marker LLC, Citi Ventures, Bessemer Venture Partners, Cisco Investments and New Enterprise Associates.
Previous funding
$5M in Series A on June 9, 2015 from Team8
$22M in Series B on October 20, 2015 to September 4, 2015 from Marker, Citi Ventures, Bessemer Venture Partners, Innovation Endeavors and New Enterprise Associates.
What is next for Illusive Networks?
The company is pleased that its latest funding round’s investors allowed it to continue its growth acceleration for supplying the increased demand that it is experiencing. The company requires an alternative to the old school honeypots which are failing at effectively detecting advanced attacks. The company’s Attacker View technology along with the Deceptions Everywhere® solution enables the IT professionals for the first time in viewing all the possible attacks paths which an advanced attacker uses for any malicious lateral movement. With this important insights, the information technology professionals can deploy deceptions which forces the attacker in placing a bet on which info is real. The company will be using the latest funds raised for expansion of sales and marketing and for expanding engineering and support teams for its patent pending deception technology.
More about Illusive networks
Illusive Networks was founded in 2014 by Ofer Israeli. It has its headquarters in Tel Aviv-yafo and Tel Aviv. The company’s solutions are deployed across insurance, financial institutions, law firms, retailers, energy and telecommunications companies and health care providers in USA and EMEA.
