Led by Ma agi g Pa t e s Sa it Fi o a d Li a G i be g, alo gside Pa t e s O i Ba zilay a d Hada Site ma No is, Team8’s ewest fu d eco ded its fi st exit befo e eachi g its fi al close, followi g Palo Alto Netwo ks’ epo ted acquisitio of Koi Secu ity i Feb ua y.
The fu d closes at a time whe AI is movi g faste tha e te p ises ca safely abso b. Successive eleases f om compa ies like Ope AI a d A th opic a e eshapi g the tech ology la dscape at u p ecede ted speed, fo ci g o ga izatio s to ethi k p oducts, wo kflows, softwa e i f ast uctu e, a d isk models almost ove ight. As compa ies ace to deploy AI age ts, ma y a e doi g so befo e gove a ce, visibility, a d secu ity co t ols have fully caught up.
That gap is al eady showi g up i side the wo ld’s la gest compa ies. A su vey of 111 secu ity leade s at Team8’s latest CISO Village Summit fou d that 97% of o ga izatio s have al eady begu adopti g AI age ts a d 80% a e al eady u i g them i p oductio , while co fide ce i thei ability to secu e AI ave aged just 2.32 out of 5. Fo CIOs, CISOs, a d e te p ise tech ology leade s, age tic AI has quickly become o e of the most u ge t ew ope atio al a d secu ity challe ges faci g the e te p ise.
“AI is fu dame tally ew iti g the eco omics of compa y buildi g. Developi g b eakth ough tech ology has eve bee easie buildi g a compa y that e du es has eve bee ha de ,” said
Agai st this backd op, Team8 will deploy the ew fu d behi d fou de s buildi g AI- ative i f ast uctu e a d cybe secu ity compa ies. The fi m will focus o fou datio al tech ologies it believes e te p ises will i c easi gly ely o as AI eshapes the tech ology la dscape, i cludi g AI i f ast uctu e, o chest atio , ide tity, data a d secu ity. Po tfolio compa ies will also have access to Team8’s compa y-buildi g platfo m, i cludi g e te p ise co ectio s, ma ket validatio a d suppo t ac oss compa y fo matio , go-to-ma ket a d g owth.
“Ou ew fu d i vesto s a e ‘t just backi g a t ack eco d, they’ e backi g Team8’s ability to spot the e te p ise p oblems that matte yea s befo e eve yo e else, a d to tu that i sight i to compa ies that defi e e ti e catego ies,” said
Team8 is a global ve tu e fu d that i vests i ea ly-stage compa ies as well as pa t e s with fou de s to build ew compa ies f om sc atch, with the co victio that capital is ot the most valuable ea ly-stage esou ce – co text is. Team8 pa t e s with leadi g e t ep e eu s to ide tify sig ifica t ma ket oppo tu ities, develop i sight-d ive ideas, a d build catego y-defi i g compa ies i cybe secu ity, e te p ise a d AI i f ast uctu e, fi tech a d digital health. Team8 suppo ts e t ep e eu s ac oss the e ti e jou ey, f om ea ly st ategy a d validatio th ough esea ch, go-to-ma ket, ma keti g, tale t acquisitio a d HR, with a team of mo e tha 90 i -house compa y builde s a d a Village of hu d eds of e te p ise executives f om Fo tu e 500 a d global compa ies. Team8 ma ages ea ly $2 billio i assets ac oss eight fu ds a d is backed by leadi g fi a cial a d st ategic i vesto s.
