Illusive Networks

Company Overview

Snapshot

Founded in October 2014 by Ofer Israeli, Illusive Networks operated with 51–200 employees. The company raised $56 million across 3 funding rounds from 11 investors. Illusive Networks was acquired by Proofpoint in December 2022.

Business overview

Illusive Networks specializes in cybersecurity, providing deception technology to detect and disarm targeted cyberattacks. Its core technology creates a hostile environment for attackers by eliminating high-risk pathways and replacing them with deceptive versions. This approach forces attackers to reveal themselves early in the threat lifecycle, capturing real-time forensics for accelerated incident response. The company serves enterprises, focusing on sectors such as Cyber Security, Network & Infrastructure Security, and provides solutions for identity and access management, advanced persistent threats, and incident response.

Strategic signal

In December 2022, Proofpoint signed a definitive agreement to acquire Illusive Networks. This acquisition signifies a strategic consolidation within the cybersecurity market, with Proofpoint integrating Illusive's deception technology to enhance its own threat detection and prevention capabilities. For investors, this indicates a successful exit for Illusive Networks and a strengthening of Proofpoint's market position in advanced cyber defense.

Company Intelligence Q&A

What was the most significant corporate event for Illusive Networks?

In December 2022, Illusive Networks was acquired by Proofpoint, marking a major exit for the company and integrating its deception technology into a broader cybersecurity platform.

What is Illusive Networks' primary focus in cybersecurity?

Illusive Networks focuses on detection and mitigation of targeted cyberattacks using deception technology, which creates a hostile environment for attackers and provides early threat detection.

Which investors participated in Illusive Networks' May 2016 funding round?

In May 2016, Illusive Networks received funding from investors including.

What was a key partnership for Illusive Networks in September 2020?

In September 2020, Illusive Networks strengthened its partnership with Microsoft, achieving Microsoft Co-Sell Ready Status, which expanded its market reach and integration capabilities.