About Illusive Networks
Illusive Networks is a Technology company based in Tel Aviv (Israel) founded in 2014. Threat deception is delivered via honeypots on endpoints and networks. Illusive Networks has raised $76 million across 6 funding rounds from investors including Microsoft, Cisco and Citi. Its focus areas include Enterprise Infrastructure, Cybersecurity, Network Security and NIDS.
Company details
Illusive Networks was founded in 2014 in Tel Aviv, Israel, within the cybersecurity sector. Deception technology is applied to real endpoint, server, and network components, forming layered defenses that create an alternate reality to neutralize threats. Operations focus on attack surface management, accelerated detection, and alert prioritization. Services are utilized by clients including BlueCat, CrowdStrike, and Hitachi.
- Headquarters Tel Aviv, Israel
- SectorsTechnology
- Website illusivenetworks.com
- Social LinkedIn X
- Total Equity Funding$76M (USD)
in 6 rounds
- Latest Funding Round$56.62K (USD), Grant
Dec 2021
- InvestorsMicrosoft
& 12 more
Funding Insights of Illusive Networks
Illusive Networks has successfully raised a total of $76M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $56.62 thousand completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $76M
- Total Rounds 6
- Last Round Grant — $56,620
- First Round $5M
(Jun 2015)
- Investors Count 13
All 6 funding rounds of Illusive Networks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $56,620 | Grant | – | – | |
| Oct 2020 | $24M | Series B | – | Spring Lake Equity Partners, Cisco | |
| Jan 2017 | Series B | – | M12 | – | |
| May 2016 | $25M | Series B | – | – | |
| Oct 2015 | $22M | Series B | – | New Enterprise Associates | |
| Jun 2015 | $5M | Series A | – | – |
13 investors in total: 13 institutional.
Investors in Illusive Networks
Illusive Networks has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Cisco and Citi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Private equity firm focused on multiple sectors | springlakeequitypartners.com | Boston, United States | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Early-stage technology investments are targeted by this venture capital firm. | innovationendeavors.com | Palo Alto, United States | ||
Venture capital investments in technology startups are facilitated by M12. | m12.vc | San Francisco, United States | ||
Marker LLC is engaged in intelligent investing in technology firms. | marker-llc.com | New York, United States | ||
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Corporate venture capital firm backed by Citi | citi.com/ventures | San Francisco, United States | ||
| team8.vc |
Investor details for Illusive Networks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Illusive Networks
1008 people are tracked at Illusive Networks (226 in leadership, 6 in board & advisors, 776 in team).
| Name | Role | Group |
|---|---|---|
Jeannine Kilroy | Regional Sales Director | Leadership |
Yanina Sotelo | Sr. People Strategy Partner Manager | Leadership |
Patrick Hermanspann | Director Strategic Accounts DACH | Leadership |
Brian Adams | Vice President, Service Reliability Engineering | Leadership |
Gurvi Singh | Director Of Corporate Accounting | Leadership |
Michael Reading | Vice President Of Technical Services, Cloudmark Business | Leadership |
Sebastian Joll | Head Of Customer Success | Leadership |
Stuart Horwood | Director, Named Accounts Uki&sa | Leadership |
Jon Sarginger | Director Global Channel Sales Operations | Leadership |
Uri Polsky | Director Technical Support Services | Leadership |
Robert MacKett | Vice President & Country Leader - Canada | Leadership |
Dave Ely | Senior Director, Product Management - Digital Communications Governance | Leadership |
Blake Gabriel | Director Field Sales, Named Accounts | Leadership |
Joyce Kim | Chief Marketing Officer | Leadership |
Rohit Dixit | Chief Customer Officer | Leadership |
Ron Poserina | Vice President, Americas Systems Engineering | Leadership |
Kim Greenia | Director, Talent Acquisition | Leadership |
Vaishali Sabhahit | Senior Director, Global Talent Acquisition – Strategic Programs | Leadership |
Nicko Vujasinovic | Senior Director Sales Operations EMEA At Proofpoint | Leadership |
Nathan Avery | Senior Director, Talent Acquisition (emea / Apj) | Leadership |
988 more people are available in the full profile.
Complete people profiles for Illusive Networks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Illusive Networks
3 dated milestones of Illusive Networks across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Illusive Networks is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Grant, of $57K.
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Frequently Asked Questions about Illusive Networks
Illusive Networks was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Illusive Networks is headquartered in Tel Aviv, Israel.
Illusive Networks is a funded company, having raised a total of $76M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jun 2015.
Illusive Networks was founded in 2014 in Tel Aviv, Israel, within the cybersecurity sector. Deception technology is applied to real endpoint, server, and network components, forming layered defenses that create an alternate reality to neutralize threats. Operations focus on attack surface management, accelerated detection, and alert prioritization. Services are utilized by clients including BlueCat, CrowdStrike, and Hitachi.
Illusive Networks has 13 investors. Key investors include Microsoft, Cisco, Citi, Bessemer Venture Partners, and Cisco Investments.