Startup Cofounded by Ehud Barak Raises $12.5 Million for Cybersecurity
Summary
Mantis Vision, an Israeli startup that provides 3D content capture and sharing technologies, said Monday it has secured $55 million in new funding from investors led by China’s Luenmei Quantum. (Eliran Rubin) Toka, a startup backed by former Prime Minister Ehud Barak, said Monday it had raised $12.5 million just months after it was formed to provide cyberdefense to governments. “Our Cyber Designer Team will help nations develop the strategic capabilities, an operational approach, and an ecosystem of software products tailored for them,” said Toka co-founder and President Yaron Rosen, a former chief of the Israel Defense Forces cybersecurity staff. “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’s founders also include Alon Kantor, a former vice president of business development for Check Point and Kfir Waldman, former CEO of cybersecurity and mobile companies Kayhut and Go Arc. The visit is part of a drive by the government, together with Erel Margalit, the head of the JVP venture capital fund, and local authorities to turn the Galilee into a global food-tech center.
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