Team8 Portfolio Company Hysolate Raises $8M, Launches New Product
January 25, 2018 | Israeli cybersecurity startup Hysolate, a Team8 portfolio company, has announced it has raised $8 million in a Series A funding round led by cybersecurity think tank Team8 and Eric Schmidt’s Innovation Endeavors, according to a statement from the company. It has also launched its first product — a platform that allows workers to maintain productivity through various work-related tasks on multiple operating systems as the product deal with security issues and eradicates potential cyber threats. Founded in June 2016 and in stealth mode until now, Hysolate is the creator of a “hybrid” endpoint architecture technology that closes the gap between security and productivity, with a platform allowing enterprises to run multiple operating systems on a single workstation without security issues or the loss of production efficiency. Hysolate is the fourth company to be launched out of Team8, joining companies like Illusive Networks, Claroty, and more. Team8 is an Israeli cybersecurity think tank and company creation platform founded by members of Israel’s Technology and Intelligence Unit 8200.