Illusive Networks

Detection and Mitigation of Targeted Cyberattacks

Cyber Security
Acquired (Inactive) by Proofpoint on Dec 2022 - closed due to acquisition

Company Overview

Snapshot

Founded in October 2014 by Ofer Israeli, Illusive Networks operated with 51–200 employees. The company raised $56 million across 4 funding rounds from 12 investors. Illusive Networks was acquired by Proofpoint in December 2022.

Business overview

Illusive Networks specializes in cyber security, offering deception technology to detect and disarm attackers. Its core technology creates a hostile environment for cyber threats, eliminating high-risk pathways and forcing attackers to reveal themselves early in the threat lifecycle. The company’s solutions, including Illusive Spotlight and Illusive Shadow, provide real-time forensics to accelerate incident response. Illusive Networks serves enterprises across various industries, operating within the Cyber Security sector, specifically focusing on Network & Infrastructure Security.

Strategic signal

In December 2022, Proofpoint signed a definitive agreement to acquire Illusive Networks. This acquisition signals a strategic consolidation within the cybersecurity market, with Proofpoint integrating Illusive's deception technology to enhance its offerings and expand its capabilities in detecting and mitigating advanced cyber threats. For investors, this indicates a successful exit for Illusive Networks and a strengthening of Proofpoint's market position.

Company Intelligence Q&A

What was the most significant corporate event for Illusive Networks?
Illusive Networks was acquired by Proofpoint in December 2022, leading to its current inactive status.
When was Illusive Networks founded and by whom?
Illusive Networks was founded in October 2014 by Ofer Israeli.
What is Illusive Networks' primary focus in cybersecurity?
Illusive Networks focuses on detection and mitigation of targeted cyberattacks using deception technology, designed to disarm attackers and prevent lateral movement within networks.
What was the total capital raised by Illusive Networks?
Illusive Networks raised a total of $56 million across its funding rounds.
What was a key partnership for Illusive Networks in 2020?
In September 2020, Illusive Networks strengthened its partnership with Microsoft, achieving Microsoft Co-Sell Ready Status.

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