Cybersecurity Pioneer Ehud Schneorson Joins New Startup Founded by Former Colleague
Translated & summarized from Ice by baba
Ehud Schneorson, a co-founder of Cybereason and former Unit 8200 commander, is leaving to join a new startup called Ribon founded by his former partner. Ribon has already secured about $200 million in investment commitments and is reportedly considering a senior officer for a key role. Meanwhile, Cybereason is in talks for a Nasdaq listing via a SPAC merger.
The story in 5 lines · by baba
- Ehud Schneorson is leaving Cybereason to join the new startup Ribon founded by his former partner.
- Ribon has reportedly secured investment commitments of around $200 million at a valuation exceeding $1.5 billion.
- Prominent investors like Shaun Maguire of Sequoia Capital and Omri Casspi of Swish Capital are backing Ribon.
- Cybereason is in advanced talks to list on Nasdaq through a merger with a SPAC.
- Cybereason was acquired in December 2024 for an estimated $900 million by AE Industrial Partners.
Ehud Schneorson, a co-founder of the cyber company Cybereason and former commander of Unit 8200, is stepping down from his management role after seven years to join "Ribon," a new venture founded by his former partner, Idan Nuriq. Schneorson, who previously commanded Nuriq and later co-founded Cybereason with him in 2019, will continue to advise Cybereason as a consultant.
The new Ribon venture is attracting significant interest from prominent investors, including Shaun Maguire of Sequoia Capital and Omri Casspi of Swish Capital. Ribon has reportedly secured investment commitments totaling approximately $200 million across several rounds, with the latest round valuing the company at over $1.5 billion.
Ribon is also considering Lieutenant Colonel D, a technological unit officer on terminal leave, for the role of technological partner. Lieutenant Colonel D, a graduate of the Talpiot program and Stanford University, is also a co-founder of the "Nitz-Gaia Capital" fund, where his holdings were frozen during his service. While his joining is not yet finalized, these discussions highlight a growing trend of American venture capital funds establishing early connections with officers from elite technological units even before their military discharge, similar to the case of Orian Laiterzdorf at Descartes.
Concurrently, Cybereason is in advanced discussions for a Nasdaq listing through a merger with a SPAC, though the timing and valuation are yet to be announced. The company, which develops advanced surveillance and intelligence gathering tools for security and law enforcement agencies in democratic countries, was acquired in December 2024 by AE Industrial Partners for an estimated $900 million. Its flagship product, "Graphite," enables covert access to mobile devices and encrypted messaging apps like WhatsApp, Signal, and Telegram.
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