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Ehud Barak’s new cyber capacity-building startup Toka raised $12.5 million

The Toka cyber company was founded only two months ago by Barak and senior executives in the sector. The fund was led by venture capital fund Andresen Horowitz

The Toka cyber company was co-founded by Ehud Barak  (Photo Darkenu)

Former Israel Prime Minister and Minister of Defense Ehud Barak‘s new cyber capacity-building startup Toka has raised $12.5 million in seed funding led by venture capital fund Andresen Horowitz.

The investors also include Dell Technologies Capital, Entrée Capital, Launch Capital, and Ray Rothrock, CEO of cyber analytics firm RedSeal.

Headquartered in Tel Aviv, Israel, Toka was co-founded only two months ago by Ehud Barak and etired Brig. Gen. Yaron Rosen, former Chief of Israel Defense Forces Cyber Staff; Alon Kantor, former Vice President of Business Development for Check Point; Kfir Waldman, former CEO of cyber and mobile companies Kayhut and Go Arc.

Toka will build a tailored ecosystem of cyber capabilities and software products for governmental, law enforcement, and security agencies. By working across strategic, operational, and tactical levels — and with deep, hands-on technical experience — Toka can address the full breadth of its clients’ defensive cybersecurity needs, including developing new technologies when required.

“Today, too many countries still do not have the cyber capabilities they need to protect themselves and their citizens, and it’s become an imminent global problem that’s spurring demand,” said Ran Achituv, managing partner at Entrée Capital. “Toka is filling this gap, and in doing so, has the potential to make the whole world much safer.”

“Transforming one’s cybersecurity posture takes more than buying one piece of software. It takes the right technologies plus having the right people, processes, systems, and strategies in place,” said Rosen. “Our Cyber Designer Team will help nations develop the strategic capabilities, an operational approach, and an ecosystem of software products tailored for them. And if there isn’t a product on the market that meets our client’s needs, we will build it with our R&D team – Toka Cyber Labs.”

 

 

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