Company

Ready to join the leader in cyber Deception?

The attackers will never stop innovating. Neither will we.

To stay one step ahead of today’s ever-evolving threats, enterprises and public sector organizations alike need a security partner that can keep pace with the expanding attack surface. TrapX has become the leader in cyber Deception because we not only help security teams successfully detect and counter an active attack, we also help them learn about their adversaries and better prepare for attacks in the future.

Leadership

The TrapX global leadership team is comprised of experts in cyber security, threat intelligence, compliance, R&D, customer experience, and product management.

Meet the team

Steve Preston

Chief Executive Officer

Investors

BRM

BRM Group is a privately held investment fund. We invest in the Israel-related hi-tech industry focusing on the Internet, software, mobile and mobile infrastructure markets; digital media; online services and enterprise software (business analytics, security) sectors; and the medical devices sector. We invest in seed and early stage startups as well as in pre-IPO private equity opportunities. BRM seeks out companies with truly revolutionary potential that can become significant market players, creating long-term value and offering entrepreneurs knowledge, networking, and capital with best-of-market, entrepreneur-friendly investment terms and a long-term, company-building focus.

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Opus Capital

Opus Capital is an early-stage venture capital firm with more than $1 billion of committed capital under management, investing in committed, high-integrity entrepreneurs building market-leading technology companies. The team has participated in the successful outcomes (including 50 IPOs) of more than 80 companies in the U.S. and Israel, including Adaptec, AirGate PCS, Blue Nile, Brocade, Ciena, DoubleClick, Electronics for Imaging, FedEx, Genesys, Harmonic, Informatica, Kidaro, and Vantive. Opus Capital is headquartered on Sand Hill Road in Menlo Park, California.

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Intel Capital

Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology startups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$11.4 billion in over 1,400 companies in 57 countries. In that timeframe, 211 portfolio companies have gone public on various exchanges around the world, and 369 were acquired or participated in a merger.

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Liberty Technology Venture Capital

Liberty Technology Venture Capital is a subsidiary of Liberty Media and Qurate Retail. Liberty Media’s portfolio of companies includes interests in SiriusXM and Live Nation and wholly owned subsidiaries Formula 1 and Braves Holdings (Atlanta Braves MLB Club). Qurate Retail Group’s portfolio of companies includes wholly owned subsidiaries QVC, Zulily and Evite and interests in HSN, Interval Leisure Group, Charter Communications and LendingTree.

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Strategic Cyber Ventures

The mission of Strategic Cyber Ventures is to grow disruptive cybersecurity technologies that can provide enterprises with holistic cyber security solutions that address emerging threats. SCV’s decades of experience on the front lines in cyber security allows the team to provide authoritative, strategic direction to its portfolio companies, identifying any gaps in their business and technologies. By providing interoperable security technologies that can deter the adversary, SCV makes the job of the cyber security operator easier, allowing them to focus on real threats without the distraction of low-level noise. As an investment fund, we provide financial growth opportunities for early to mid-stage cyber security companies through transformative strategic advisory and investment. SCV is committed to investing in complimentary cyber security technologies that can disrupt cyber threats with holistic capabilities.

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Ibex Investors

Founded in 2003, Ibex Investors is a US-based investment firm targeting outsized returns through niche, non-correlated, differentiated strategies. As of December 31, 2018, the firm manages approximately $510 million in assets across four strategies focused on Israel, behavioral finance, driverless cars and microcaps. Ibex proactively seeks out markets and opportunities commonly dismissed as too difficult or too different and prides themselves on finding the hidden gems often overlooked by others. Ibex is headquartered in Denver, Colorado with additional presence in New York and Israel.

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Board Members

Dan Avida, General Partner, Opus Capital

With 16 years experience building successful companies and guiding them through to profitable outcomes, Avida brings a strong operating background to the TrapX board of directors. He works with innovative entrepreneurs in the U.S. and Israel who are developing systems, cloud and enterprise infrastructure and applications, solutions for the post-PC world, and security and next-generation collaboration platforms. Most recently, Avida was president and CEO of Decru, Inc., a pioneering storage security company he co-founded in 2001 that was acquired for $272.5 million by Network Appliance (NASDAQ: NTAP) in 2005. He was also a founding member, chairman, and CEO of Electronics for Imaging (NASDAQ: EFII), which under his leadership experienced five years of dramatic, consecutive growth, placing the company on Business Week‘s, Fortune‘s and Forbes‘ lists of fastest-growing companies and on the NASDAQ 100 index. Avida served as an officer in the Israel Defense Force during the years 1984-1989. He holds a B.Sc. degree in Computer Engineering from Technion, the Israel Institute of Technology, where he graduated summa cum laude. He has five granted patents.
Charles H. “Hank” Thomas, CEO, Strategic Cyber Ventures

Hank Thomas is the Co-founder and Chief Executive Officer of Strategic Cyber Ventures (SCV). Hank leverages 20 years of experience in cybersecurity, military intelligence, management consulting, and business to identify, assess, invest in, and mature differentiated business and technology teams positioned to revolutionize the cybersecurity landscape. Hank serves as a member of the SCV board of directors and on the boards of cybersecurity product companies TrapX Security, ID DataWeb, E8 Security, and Polarity. All are a part of the SCV portfolio of companies. Before forming SCV, Hank served an 11-year tenure as an executive at Booz Allen Hamilton—a global strategy, technology, and consulting firm—leading a highly successful consulting business focused on military grade cybersecurity for both commercial and government clients. Hank also served as the director of Booz Allen’s Cyber4Sight™, a multi-capability, global-cyberthreat intelligence team. His commercial client base included Fortune 100 financial services, retail, global manufacturing, automotive, healthcare, energy, and oil and gas clients. His government portfolio included U.S. military, intelligence, counterintelligence, and cyber community clients. Prior to his work at Booz Allen, Hank was commissioned through the Reserve Officers’ Training Corps (ROTC) as an officer in the U.S. Army immediately upon graduation from Northwestern State University with a B.A. in Political Science. Selected for the Military Intelligence Corps, Hank served as an active duty intelligence officer for eight years in a variety of tactical, operational, and strategic assignments. Hank spent much of his military career focused on cyber, signals intelligence, information operations, and military intelligence planning, operations, gathering, and analysis. His assignments included the National Security Agency (NSA), Joint Special Operations Command (JSOC), Army Intelligence and Security Command (INSCOM), 2nd Armored Cavalry Regiment, and the 509th Parachute Infantry Regiment.
Eran Barkat, Partner, BRM

Eran is a recognized Hi-Tech leader with a proven track record of helping startups grow. Eran also serves as a partner at BRM Group, a well-known Israeli private investment fund. Eran joined BRM beginning of 2008 and is responsible for all Hi-Tech investment opportunities. Prior to joining BRM, Eran was Investment Manager and Principal at the Private Equity Fund IGI (Israel Growth Investors). Previously, he was Business Development Manager at BRM Group, responsible for exploring new investment channels and new opportunities. Before that, he worked at Kamoon as a programmer. Eran also sits on the board of ColorChip, Moovit, Roomer and Capester. Eran holds a B.Sc. in Computer Science and an MBA from Bar-Ilan University.
Brian T. Abrams, President, Ibex Investors

Brian is President of Ibex Investors, which he joined in 2011. Previously, he was Managing Partner at Row Capital, advising hedge funds, venture capital firms, family offices, and Fortune 500 companies on their investments in emerging markets such as India. Prior to that, Brian founded and sold G2 Analytics, a corporate intelligence firm with operations in the U.S. and India. He began his career at Bard Capital, a U.S.-based, single-family office focused on private equity and venture capital investments. He also served on the Board of Directors of the United States Presidential Scholars Foundation, of which he was previously Chairman and President. Brian received his Bachelor’s Degree from Harvard University.