M12 - Microsoft's Venture Fund

SpecterOps is a cybersecurity company focused on helping enterprises defend against advanced attacks through a variety of products, services, and training solutions. The company specializes in program development, offering assessment services and operational support that aim to enhance the security posture of organizations. SpecterOps provides training on advanced adversary tactics, techniques, and procedures, equipping students with the knowledge needed to effectively counter threats. Additionally, the company is involved in initiatives that foster industry improvement, promoting a safer environment for critical assets and data across organizations and communities.

Bolster Inc. is a cybersecurity company that specializes in artificial intelligence and machine learning to combat online fraud and protect brands from scams and account takeovers. Founded in 2017 and headquartered in Los Altos, California, Bolster offers a range of products, including Online Customer Protection, which features detection, automated takedown, continuous monitoring, and threat intelligence. Its Online Fraud Prevention platform identifies both victims and scammers, providing tools to address phishing kits and fraudulent sites. Additionally, the company provides a Real-time Detection API that covers various types of scams, such as phishing and counterfeit activities. Bolster serves multiple sectors, including finance, technology, and retail, and promotes proactive brand protection through tools like checkphish.ai, a free, open-source resource for detecting fraudulent websites and phishing scams. The team at Bolster has extensive experience in cybersecurity, contributing to its innovative approach to fraud prevention.

NsKnox Technologies is a Boston-based fintech security company founded in 2016 by Alon Cohen. It specializes in Cooperative Cyber Security (CCS), offering innovative solutions to protect corporate payment systems from various threats, including insider attacks, external fraud, and data manipulation. The company’s advanced technology detects fraud, social engineering, and other malicious activities in real-time, allowing businesses to enhance payment security across their systems. By ensuring that payments reach the intended beneficiaries without complications, NsKnox aims to revolutionize the way organizations safeguard their financial transactions.

Valence Security operates a platform designed to enhance the security of Software as a Service (SaaS) applications and manage risks associated with third-party integrations. As the complexity of SaaS environments increases, Valence provides security teams with actionable insights into various risks, including configuration, identity, data, and integrations between different SaaS applications. The platform specializes in SaaS security posture management, risk remediation, and identity threat detection and response, employing zero trust principles to ensure robust security across interconnected applications. By offering capabilities such as visibility, continuous monitoring, and automated policy enforcement, Valence empowers organizations to proactively address vulnerabilities and securely adopt SaaS solutions. Its unique remediation options facilitate collaboration among security teams and business users, enabling efficient risk reduction for critical applications like Microsoft 365, Google Workspace, Salesforce, GitHub, and Slack.

Ox Security is a company that provides a comprehensive security platform aimed at protecting the software supply chain from vulnerabilities. Its solution offers real-time, end-to-end visibility into various elements that influence software security throughout the development pipeline. This visibility enables DevOps teams to monitor the entire software supply chain attack surface, including source code, pipeline, artifacts, container images, runtime assets, and applications. By focusing on the complexities of modern software development, Ox Security seeks to prevent attacks and enhance the overall security of software systems.

Theom is an IT company founded in 2020 and based in San Francisco, California, specializing in cloud and data security services. Theom's cloud-native security platform is designed to discover, track, and protect enterprise data in cloud environments. It provides immediate value by identifying risks associated with data loss and prioritizing corrective actions. This allows enterprises to concentrate on business growth while securely leveraging their data in the cloud.

Karlsgate is a company that specializes in data collaboration software aimed at preserving the confidentiality of data subjects' identities. Founded in 2020 and based in Budd Lake, New Jersey, the company has developed a platform that utilizes patent-pending crypto identity technology and deterministic cascading match algorithms to facilitate anonymous data matching in real-time. This innovative approach allows brands, agencies, and data providers to exchange valuable consumer insights while ensuring robust identity protection, thereby addressing the growing need for privacy in data sharing.

Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

Contrast Security, Inc. specializes in developing security software that enhances application self-protection against cyberattacks. Founded in 2014 and based in Los Altos, California, the company offers a range of solutions, including Contrast Assess, which integrates vulnerability assessment capabilities into software, and Contrast Protect, a runtime application self-protection tool that analyzes attack behaviors. Their patented deep security instrumentation provides comprehensive security observability, enabling continuous protection and accurate assessments of entire application portfolios without the need for disruptive scanning or specialized security personnel. This approach not only accelerates development cycles but also enhances operational efficiency and scalability while safeguarding applications from both known and unknown threats.

Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

At-Bay, Inc. specializes in providing cyber insurance and risk management services tailored to the needs of businesses navigating the digital landscape. Founded in 2016 and headquartered in Mountain View, California, with an additional research and development center in Tel Aviv, Israel, the company offers customized insurance policies that cover information privacy, network security, cyber extortion, financial fraud, and media content. At-Bay combines advanced technology with comprehensive risk assessment to empower businesses to address cyber risks effectively. The company serves nearly 40,000 businesses in the United States, protecting approximately $800 billion in collective revenue. In addition to its insurance offerings, At-Bay provides proactive risk management services and proprietary cybersecurity solutions, including managed detection and response services, to help clients manage and mitigate digital threats.

Authomize empowers organizations to establish identity-first security by detecting, investigating, and responding to identity and access threats. Customers use Authomize to protect their cloud services and applications from account takeovers, privilege escalations, and identity-based attacks.

Arkose Labs, based in San Francisco, California, develops a cybersecurity platform aimed at preventing online fraud and abuse for various industries, including online marketplaces, travel, banking, social media, ticketing, and gaming. Established in 2015, the company offers solutions to combat issues such as account takeover, fake account abuse, scraping, spam, and gift card fraud. Arkose Labs employs an AI-powered system that combines risk assessments with dynamic threat responses, effectively mitigating attacks while enhancing legitimate user experiences. The platform is recognized for its effectiveness, having received accolades for customer satisfaction and market presence. Additionally, it provides unique warranties against credential stuffing and SMS toll fraud, further demonstrating its commitment to protecting businesses from cybercrime. With a significant portion of its clientele being Fortune 500 companies, Arkose Labs operates offices in major locations, including Brisbane, Australia, and has established a strong reputation in the cybersecurity landscape.

Mend (previously known as WhiteSource) founded in 2011, Mend is the first application security platform that actually automates the process of fixing application vulnerabilities. Mend takes most of the burden off the developer, who doesn’t really need to become a security expert. That’s why our motto is: You code, we cure. Mend is used by more than 1000 customers worldwide, from all verticals and sizes, including 23% of Fortune 100 companies, as well as industry leaders such as Microsoft, IBM, Comcast, and many more. For more information, please visit www.mend.io

HYAS Infosec is the leading provider of proactive threat intelligence and protective DNS solutions. As the authority on cyber adversary infrastructure, HYAS enables organizations to see beyond the traditional threat landscape and proactively defend against sophisticated cyber attacks. With a focus on innovation and excellence, HYAS Infosec delivers unparalleled security solutions that empower organizations to protect their critical assets and maintain trust with their customers. For more information, please visit HYAS.com.

Hunters is a cybersecurity company that specializes in developing an artificial intelligence-based platform for detecting and responding to cyber threats. Founded in 2018 and headquartered in Tel Aviv, Israel, the company offers its solution, Hunters.AI, which autonomously identifies cyberattacks that may evade traditional security measures across various IT environments, including cloud and network systems. Hunters.AI integrates diverse security telemetry and intelligence, enriching threat signals with detailed tactics, techniques, and procedures to enhance detection capabilities. By utilizing machine learning and cloud-based analytics, the platform correlates threat patterns and generates high-fidelity attack narratives, enabling cybersecurity teams to respond swiftly and effectively to potential breaches.

At-Bay, Inc. specializes in providing cyber insurance and risk management services tailored to the needs of businesses navigating the digital landscape. Founded in 2016 and headquartered in Mountain View, California, with an additional research and development center in Tel Aviv, Israel, the company offers customized insurance policies that cover information privacy, network security, cyber extortion, financial fraud, and media content. At-Bay combines advanced technology with comprehensive risk assessment to empower businesses to address cyber risks effectively. The company serves nearly 40,000 businesses in the United States, protecting approximately $800 billion in collective revenue. In addition to its insurance offerings, At-Bay provides proactive risk management services and proprietary cybersecurity solutions, including managed detection and response services, to help clients manage and mitigate digital threats.

SpyCloud Inc., based in Austin, Texas, specializes in cybersecurity solutions that protect businesses from cyberattacks by utilizing recaptured data from the darknet. Founded in 2016, the company offers a range of services, including early-warning breach detection, account takeover fraud prevention, active directory protection, and corporate exposure alerts. Its cybercrime analytics platform provides actionable insights to help organizations proactively prevent ransomware attacks, safeguard employee and consumer identities, and conduct fraud investigations. With a team of over 200 cybersecurity experts, SpyCloud serves a diverse clientele, including major global enterprises and government agencies, aiming to enhance internet safety through automated solutions that combat cybercrime effectively.

Authomize empowers organizations to establish identity-first security by detecting, investigating, and responding to identity and access threats. Customers use Authomize to protect their cloud services and applications from account takeovers, privilege escalations, and identity-based attacks.

At-Bay, Inc. specializes in providing cyber insurance and risk management services tailored to the needs of businesses navigating the digital landscape. Founded in 2016 and headquartered in Mountain View, California, with an additional research and development center in Tel Aviv, Israel, the company offers customized insurance policies that cover information privacy, network security, cyber extortion, financial fraud, and media content. At-Bay combines advanced technology with comprehensive risk assessment to empower businesses to address cyber risks effectively. The company serves nearly 40,000 businesses in the United States, protecting approximately $800 billion in collective revenue. In addition to its insurance offerings, At-Bay provides proactive risk management services and proprietary cybersecurity solutions, including managed detection and response services, to help clients manage and mitigate digital threats.

Onfido Limited is a provider of automated digital identity verification solutions that utilize artificial intelligence to assess the authenticity of government-issued IDs and compare them with users' facial biometrics. The company's technology is designed to streamline the identity verification process across various applications, including KYC, user onboarding, and fraud detection. Onfido serves a diverse range of sectors, including financial services, gaming, retail, and the sharing economy, helping clients to onboard users more efficiently while mitigating risks associated with identity fraud. Founded in 2010 and headquartered in London, Onfido has expanded its operations with offices in major cities worldwide, including San Francisco, New York, Lisbon, Paris, New Delhi, and Singapore.

Arkose Labs, based in San Francisco, California, develops a cybersecurity platform aimed at preventing online fraud and abuse for various industries, including online marketplaces, travel, banking, social media, ticketing, and gaming. Established in 2015, the company offers solutions to combat issues such as account takeover, fake account abuse, scraping, spam, and gift card fraud. Arkose Labs employs an AI-powered system that combines risk assessments with dynamic threat responses, effectively mitigating attacks while enhancing legitimate user experiences. The platform is recognized for its effectiveness, having received accolades for customer satisfaction and market presence. Additionally, it provides unique warranties against credential stuffing and SMS toll fraud, further demonstrating its commitment to protecting businesses from cybercrime. With a significant portion of its clientele being Fortune 500 companies, Arkose Labs operates offices in major locations, including Brisbane, Australia, and has established a strong reputation in the cybersecurity landscape.

Trusona secures identity authentication, removes passwords from the user experience across the organization, and elevate login experience. The company develops the digital identity authentication solution where there are no passwords to be created, remembered, stolen, or compromised. Its solution is radically simple and relies on patented technology that uses the unique nature of every interaction to assure the true persona behind every digital interaction. Trusona was founded in 2015 and is headquartered in Scottsdale, Arizona.

Illusive Networks Ltd. specializes in developing cybersecurity solutions focused on deception technology to prevent cyber attacks on enterprise systems. By creating a deceptive environment within existing networks, Illusive effectively identifies attackers, disrupts their activities, and provides actionable forensic insights. The company's offerings include compliance support, insider threat defense, and cloud security services, along with a comprehensive management platform that integrates various modular components for centralized cybersecurity management. Its Active Defense technology enhances security by removing vulnerable connections and replacing them with deceptive alternatives, allowing organizations to detect advanced persistent threats and prevent lateral movement by attackers. Founded in 2014 and based in Tel Aviv-Yafo, Israel, with an additional office in New York, Illusive serves clients across several industries, including finance, healthcare, legal, manufacturing, retail, and technology. The company, spun out from the venture group Team8, leverages expertise from veterans of Israel’s military intelligence to support its innovative approach to cybersecurity.

Onfido Limited is a provider of automated digital identity verification solutions that utilize artificial intelligence to assess the authenticity of government-issued IDs and compare them with users' facial biometrics. The company's technology is designed to streamline the identity verification process across various applications, including KYC, user onboarding, and fraud detection. Onfido serves a diverse range of sectors, including financial services, gaming, retail, and the sharing economy, helping clients to onboard users more efficiently while mitigating risks associated with identity fraud. Founded in 2010 and headquartered in London, Onfido has expanded its operations with offices in major cities worldwide, including San Francisco, New York, Lisbon, Paris, New Delhi, and Singapore.

Contrast Security, Inc. specializes in developing security software that enhances application self-protection against cyberattacks. Founded in 2014 and based in Los Altos, California, the company offers a range of solutions, including Contrast Assess, which integrates vulnerability assessment capabilities into software, and Contrast Protect, a runtime application self-protection tool that analyzes attack behaviors. Their patented deep security instrumentation provides comprehensive security observability, enabling continuous protection and accurate assessments of entire application portfolios without the need for disruptive scanning or specialized security personnel. This approach not only accelerates development cycles but also enhances operational efficiency and scalability while safeguarding applications from both known and unknown threats.

SpyCloud Inc., based in Austin, Texas, specializes in cybersecurity solutions that protect businesses from cyberattacks by utilizing recaptured data from the darknet. Founded in 2016, the company offers a range of services, including early-warning breach detection, account takeover fraud prevention, active directory protection, and corporate exposure alerts. Its cybercrime analytics platform provides actionable insights to help organizations proactively prevent ransomware attacks, safeguard employee and consumer identities, and conduct fraud investigations. With a team of over 200 cybersecurity experts, SpyCloud serves a diverse clientele, including major global enterprises and government agencies, aiming to enhance internet safety through automated solutions that combat cybercrime effectively.

NsKnox Technologies is a Boston-based fintech security company founded in 2016 by Alon Cohen. It specializes in Cooperative Cyber Security (CCS), offering innovative solutions to protect corporate payment systems from various threats, including insider attacks, external fraud, and data manipulation. The company’s advanced technology detects fraud, social engineering, and other malicious activities in real-time, allowing businesses to enhance payment security across their systems. By ensuring that payments reach the intended beneficiaries without complications, NsKnox aims to revolutionize the way organizations safeguard their financial transactions.

Mend (previously known as WhiteSource) founded in 2011, Mend is the first application security platform that actually automates the process of fixing application vulnerabilities. Mend takes most of the burden off the developer, who doesn’t really need to become a security expert. That’s why our motto is: You code, we cure. Mend is used by more than 1000 customers worldwide, from all verticals and sizes, including 23% of Fortune 100 companies, as well as industry leaders such as Microsoft, IBM, Comcast, and many more. For more information, please visit www.mend.io

HYAS Infosec is the leading provider of proactive threat intelligence and protective DNS solutions. As the authority on cyber adversary infrastructure, HYAS enables organizations to see beyond the traditional threat landscape and proactively defend against sophisticated cyber attacks. With a focus on innovation and excellence, HYAS Infosec delivers unparalleled security solutions that empower organizations to protect their critical assets and maintain trust with their customers. For more information, please visit HYAS.com.

LoginRadius Inc. operates a cloud-based customer identity and access management platform aimed at mid-to-large sized businesses globally. Founded in 2011 and headquartered in Vancouver, Canada, with additional offices in India and the United States, the platform offers a range of services including customer registration, social login, profile management, and user management. Its developer-friendly solution features comprehensive APIs for authentication, identity verification, and multi-factor authentication, as well as customizable login interfaces and integrations with over 150 third-party applications. LoginRadius serves over 3,000 organizations and reaches approximately 1.17 billion consumers monthly. The company has been recognized as a significant player in the Consumer Identity and Access Management sector by industry analysts and maintains a partnership with Microsoft to enhance its offerings.

Contrast Security, Inc. specializes in developing security software that enhances application self-protection against cyberattacks. Founded in 2014 and based in Los Altos, California, the company offers a range of solutions, including Contrast Assess, which integrates vulnerability assessment capabilities into software, and Contrast Protect, a runtime application self-protection tool that analyzes attack behaviors. Their patented deep security instrumentation provides comprehensive security observability, enabling continuous protection and accurate assessments of entire application portfolios without the need for disruptive scanning or specialized security personnel. This approach not only accelerates development cycles but also enhances operational efficiency and scalability while safeguarding applications from both known and unknown threats.

Onfido Limited is a provider of automated digital identity verification solutions that utilize artificial intelligence to assess the authenticity of government-issued IDs and compare them with users' facial biometrics. The company's technology is designed to streamline the identity verification process across various applications, including KYC, user onboarding, and fraud detection. Onfido serves a diverse range of sectors, including financial services, gaming, retail, and the sharing economy, helping clients to onboard users more efficiently while mitigating risks associated with identity fraud. Founded in 2010 and headquartered in London, Onfido has expanded its operations with offices in major cities worldwide, including San Francisco, New York, Lisbon, Paris, New Delhi, and Singapore.

Mend (previously known as WhiteSource) founded in 2011, Mend is the first application security platform that actually automates the process of fixing application vulnerabilities. Mend takes most of the burden off the developer, who doesn’t really need to become a security expert. That’s why our motto is: You code, we cure. Mend is used by more than 1000 customers worldwide, from all verticals and sizes, including 23% of Fortune 100 companies, as well as industry leaders such as Microsoft, IBM, Comcast, and many more. For more information, please visit www.mend.io

Trusona secures identity authentication, removes passwords from the user experience across the organization, and elevate login experience. The company develops the digital identity authentication solution where there are no passwords to be created, remembered, stolen, or compromised. Its solution is radically simple and relies on patented technology that uses the unique nature of every interaction to assure the true persona behind every digital interaction. Trusona was founded in 2015 and is headquartered in Scottsdale, Arizona.

Illusive Networks Ltd. specializes in developing cybersecurity solutions focused on deception technology to prevent cyber attacks on enterprise systems. By creating a deceptive environment within existing networks, Illusive effectively identifies attackers, disrupts their activities, and provides actionable forensic insights. The company's offerings include compliance support, insider threat defense, and cloud security services, along with a comprehensive management platform that integrates various modular components for centralized cybersecurity management. Its Active Defense technology enhances security by removing vulnerable connections and replacing them with deceptive alternatives, allowing organizations to detect advanced persistent threats and prevent lateral movement by attackers. Founded in 2014 and based in Tel Aviv-Yafo, Israel, with an additional office in New York, Illusive serves clients across several industries, including finance, healthcare, legal, manufacturing, retail, and technology. The company, spun out from the venture group Team8, leverages expertise from veterans of Israel’s military intelligence to support its innovative approach to cybersecurity.

Team8 is a global venture group headquartered in Tel Aviv, Israel, specializing in the development and investment of companies in the fields of enterprise technology, cybersecurity, data science, artificial intelligence, and fintech. Established in 2014, Team8 employs a unique foundry model that identifies significant challenges faced by various industries, generates innovative solutions, and supports the growth of startups through technology, market alignment, and talent acquisition. The firm collaborates closely with entrepreneurs to co-found transformative fintech companies and has a strong emphasis on facilitating the digital transformation of financial institutions, enhancing existing fintech services, and enabling non-financial companies to offer financial solutions. Team8's leadership team comprises experienced entrepreneurs and industry leaders, including veterans from Israel’s elite tech and intelligence Unit 8200, ensuring a wealth of expertise in guiding new ventures towards success.