Illusive Networks

File:TelAviv Illusive.png

Illusive Networks was founded in 2014{{cite news | last =Miller | first =Ron | title =Security Startup Illusive Networks Uses Deception To Catch Hackers| work =TechCrunch | date =9 June 2015 | url =https://techcrunch.com/2015/06/09/illusive-networks-tricks-hackers-using-realistic-deceptions/| access-date =3 August 2015}} by Team8 and Ofer Israeli.{{cite news | last =Weinglass | first =Simona | title =Team8's illusive networks raises $5 million to trap attackers in the act| publisher =Geektime | date =9 June 2015 | url =http://www.geektime.com/2015/06/09/team8s-illusive-networks-raises-5-million-to-trap-attackers-in-the-act/| access-date =3 August 2015}} In Jan 2015 Shlomo Touboul joined as the company CEO.{{Cite web |last=Miller |first=Ron |date=2015-06-09 |title=Security Startup Illusive Networks Uses Deception To Catch Hackers |url=https://techcrunch.com/2015/06/09/illusive-networks-tricks-hackers-using-realistic-deceptions/ |access-date=2024-05-27 |website=TechCrunch |language=en-US}} In June 2015, Illusive received $5 million in Series A funding from cybersecurity incubator Team8. Team8 is funded by a group of investors, including Google Chairman Eric Schmidt's venture capital fund, Innovation Endeavors, Alcatel-Lucent, Cisco Systems, Marker LLC, Bessemer Venture Partners, and others. While in Israel at the 5th Annual International Cybersecurity Conference in 2015, Schmidt paid a visit to Illusive Networks' headquarters on June 9 during the company's official launch.{{cite news | last =Shapiro | first =Jenna | title =Netanyahu regales cybersecurity conference with Israeli achievements – including Eric Schmidt's support| publisher =Geektime | date =23 June 2015 | url =http://www.geektime.com/2015/06/23/netanyahu-regales-crowd-at-cybersecurity-conference-with-israeli-achievements-including-eric-schmidts-support/| access-date =5 August 2015}} The company was named one of Gartner's Cool Vendors in Security and Intelligence for 2015.

After receiving $5 million in Series A funding back in June 2015, Illusive Networks announced on October 20, 2015, their Series B round of $22 million by New Enterprise Associates.{{Cite web|title = Cybersecurity Firm Illusive Networks Raises $22M Series B, Looks To Protect Through Deception|url = https://techcrunch.com/2015/10/20/cybersecurity-firm-illusive-networks-raises-22m-series-b-looks-to-protect-through-deception/|website = TechCrunch|access-date = 2015-10-21|first = Lucas|last = Matney| date=20 October 2015 }}{{Cite web |date=2015-10-20 |title=Cyber security co illusive networks raises $22m - Globes |url=https://en.globes.co.il/en/article-israeli-cyber-security-co-illusive-networks-raises-22m-1001074918 |access-date=2024-05-27 |website=en.globes.co.il |language=en}}

In 2018, Illusive expanded its product offering beyond deception through the Attack Surface Manager solution, which continuously analyzes and removes unnecessary credentials and pathways that allow attackers to escalate privileges and move laterally. In that same year, Illusive also unveiled Attack Intelligence System, which delivers human readable on-demand telemetry about current attacker activities to speed investigation and remediation. Along with the deception solution Attack Detection System, these three solutions make up the Active Defense Suite that seeks to paralyze attackers and eradicate in-network threats.

In 2020, Illusive raised another round of funding from new investors alongside existing investors, including Spring Lake Equity Partners, Marker, New Enterprise Associates, Bessemer Venture Partners, Innovation Endeavors, Cisco, Microsoft, and Citi

In 2022, Illusive expanded its product line again by introducing Identity Risk Management. The product offers visibility into the vulnerable identities sprawled across an organization's endpoints and servers, then eliminate them or deploys deception-based detection techniques as a compensating control to stop attackers.

On December 12, 2022 Proofpoint, Inc. announced that it entered into a definitive agreement to acquire Illusive in a deal expected to close in January 2023.{{cite press release |title=Proofpoint Signs Definitive Agreement to Acquire Illusive |url=https://www.globenewswire.com/en/news-release/2022/12/12/2571547/35374/en/Proofpoint-Signs-Definitive-Agreement-to-Acquire-Illusive.html |agency=GlobeNewswire |date=2022-12-12 |access-date=2022-12-28}}

The agentless technology produced by Illusive Networks is designed to stop cyber attacks from moving laterally inside networks, to provide early detection of cyber attackers who have penetrated a given network, and to provide forensics to threat intelligence teams and incident responders. The software blocks intruders from advancing their attacks by eliminating credentials and connections left behind by normal business processes, by providing false and misleading information that appears alongside real, valuable information, and by deploying devices and decoys to attract and distract attackers. The software is designed to thwart attacks and advanced persistent threats. Instead of targeting just malware, the Illusive software targets actual human beings (cyber attackers) who must make decisions at each step in the process in order to advance further into a network. If the attackers use the deceptive lures during the attack, network administrators will be alerted and given the option to shut the attack down immediately or observe the hacker accruing real-time breach forensics. The software has more than 50,000 users at Fortune 500 companies, healthcare companies, insurance companies, legal firms, and others.

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• [http://illusivenetworks.com/ Official Website]

Category:Companies based in Tel Aviv

Category:Software companies established in 2014

Category:Information technology companies of Israel

Category:Israeli companies established in 2014