Team8 announced it has raised $365 million in new capital, including $265 million for its third Team8 Capital fund and $100 million for follow-on investments in top portfolio startups. The firm, known for backing enterprise technology and cybersecurity companies such as Talon, Dig, and Koi, says its latest focus is on AI-native startups. #Team8 #Talon #Dig #Koi
Keypoints
- Team8 secured $365 million in additional capital.
- $265 million will support Team8 Capital’s third fund.
- $100 million is reserved for follow-on investments in promising startups.
- The firm’s assets under management now approach $2 billion.
- Team8 is prioritizing AI while continuing to back enterprise cybersecurity ventures.
Read More: https://www.securityweek.com/venture-firm-team8-secures-additional-365-million/