Founded in 2014, Illusive sets up elaborate decoys at every endpoint, server and network component, within a client’s network. The decoys start out looking like valuable targets and lead hackers into the trap, at which point an alarm sounds and Illusive Networks knows there’s been a breach. And whilst the client’s network and data remains safe, the Illusive team learn more about the hackers, picking up clues about their intentions and identity.
How they’re disrupting
Returning almost no false positives, Illusive have reinvented cybersecurity. By making data appear as vulnerable as possible their deception-based technology, innovative vision and scalable architecture have made them an attractive investment and valuable corporate partner.
Already at $75 billion, the cyber security market is expected to reach $170 billion by 2020.
Investments and future
Last October, the company closed a $22 million Series B round, extended to $25 million in May 2016, bringing total equity funding to $27 million. Eric Schmidt, Google’s Chairman states “The business world is under cyber siege, with cyber attacks dominating headlines, and Illusive Networks is a perfect example of the kind of ‘out of the box’ thinking necessary to challenge the growing threat of targeted attacks.”