Cyber security firm Illusive Networks raised $24 mn

Illusive Networks, an Israeli cyber security firm specializing in deception technology, has raised $24 million in a funding round.
Illusive Networks teamParticipants in the financing round included Spring Lake Equity Partners, Marker, New Enterprise Associates, Bessemer Venture Partners, Innovation Endeavors, Cisco, Microsoft and Citi.

Illusive Networks will use funds to accelerate the company’s growth driven by sales and marketing, as well as investment and product enhancements for securing cloud workloads. Illusive last month forged a partnership with Microsoft.