Monday, January 9, 2017

Microsoft Backs Team8's Cybersecurity Efforts

Microsoft is one of the investors in Israeli cybersecurity software developer Team8, Team8 said on Monday, as part of a strategic funding. Microsoft joined Qualcomm is the round for Team8, which says it has now raised $92M in funding. Other investors in the company include Cisco, Alcatel-Lucent and Innovation Endeavors, Cisco AT&T, Nokia, Mitsui & Co, Bessemer Venture Partners, Marker LLC, and Temasek. The exact size of Microsoft's investment in Team8 was not announced.