https://techcrunch.com/2020/06/03/israels-team8-raises-104m-to-make-bigger-cybersecurity-bets/

Team8, the Israel-based firm founded by a team of intelligence vets and backed by the likes of Intel, Microsoft, Walmart and Cisco to develop and spin out cybersecurity startups, is announcing a step change in its business model that underscores the huge amount of activity we’re seeing these days in the sector. Alongside its studio model, it’s launching a venture capital arm, with the aim of investing in Seed, A, and B rounds for a variety of cybersecurity startups, not just those that it’s building itself.

So far, according to documents that we’ve seen, it’s raised $104 million for Team8 Capital, as the arm will be called, and we understand that it will be adding more funds in the coming weeks. The firm has already made three investments out of the fund, with a fourth on the way, Sarit Firon, co-head of the Capital division, said in an interview, although she wouldn’t disclose the names of the startups getting funded.