The Fireblocks Mission
Secure blockchain based assets to create a transparent, efficient and fraud-free financial system.
How It All Began
In 2017, the infamous Lazarus Group hacked into four South Korean exchanges and stole $200M of Bitcoin.
Working for the cybersecurity leader Check Point, the team was part of the task force that investigated the massive cyber breach.
Two things became obvious during that investigation: the shift and motivation of cybercriminals from hacking traditional finance to digital assets, and the complexity and the lack of solutions for securing digital assets in an enterprise environment.
Michael, Idan and Pavel each spent the last twenty years transforming how cybersecurity is being applied to mobility, cloud and critical infrastructure so the next obvious challenge was clear, to secure the blockchain. They teamed up to create Fireblocks — an easy to use digital asset security platform that helps financial institutions protect digital assets from theft or hackers by using breakthrough MPC & patent-pending chip isolation technology to secure private keys, API credentials and eliminate the need for deposit addresses.
The Fireblocks Team
Bringing over 20 years of cybersecurity experience to secure the future of Blockchain transactions.
Professor of Computer Science at Boston University and Tel Aviv University, and Director of the Check Point Institute for Information Security and of the Center for Reliable Information System and Cyber Security. His main areas of research span across cryptography and information security, with an emphasis on the design, analysis, and use of cryptographic protocols. Wikipedia
Gili Raanan Cyberstarts founder and General Partner
Gili is also a General Partner at Sequoia Capital (Israel) since 2009. Gili started and led two private companies in the enterprise software market till their acquisition by EMC and IBM. Earlier, Gili worked for 10 years at the Israeli Intelligence agency, and for this work, he was awarded the Israel Security Presidential award in 1996 and the Israeli Defense Forces Innovation award in 1992. Over the year, Gili’s innovation has been recognized in the 10 United States patents that he holds for various inventions in security and application management fields. Gili is also a recognized inventor of CAPTCHA, one of the world’s most popular security algorithms.
Tom Banahan Partner at Tenaya Capital
Tom Banahan is a Partner at Tenaya Capital, and he has been a member of the Tenaya investment team since 1999. Most recently, he was the vice president of business development for Marimba. Tom joined Marimba as the fourteenth employee and was involved in all areas of the company's growth through its successful public offering in April 1999. Prior to Marimba, Tom was the vice president of worldwide sales for Spyglass. He joined Spyglass as the twenty-third employee and was instrumental in helping the company deliver a string of 12 consecutive profitable quarters that positioned Spyglass as the first Internet company to access the public equity markets in June 1995. During the six years prior to Spyglass, Tom worked for Comdisco, Inc. as a vice president of sales, with his sales team directly responsible for significant revenue generated from sales to Fortune 1000 companies. Tom holds a B.A. from the University of California, Santa Barbara.
Gil Mandelzis CEO of Capitolis
He is a serial entrepreneur and CEO in financial technology. He has a successful record of creating disruptive products and companies, and leading them through global scaling. Prior to Capitolis, Gil was CEO of EBS BrokerTec, NEX Group’s (formerly ICAP’s) foreign exchange and fixed income Electronic Markets business. He also served as a member of ICAP’s Global Executive Management Group. Before EBS-BrokerTec, Gil was CEO of Traiana, a post-trade processing company he founded in 2000. Gil led Traiana’s growth from a small start-up to a recognized global leader, resulting in Traiana’s acquisition by ICAP in 2007 for $250M.
Gil has been a member of the New York Federal Reserve’s Foreign Exchange Committee, the Bank of England’s Joint Standing Committee, and the Bank of Canada’s Foreign Exchange Committee. He was awarded the e-FX achievement award by FX Week in 2012 in recognition of his lasting contribution to the development of the FX industry, and in 2013 he was inducted to Profit & Loss Magazine’s Hall of Fame. In 2015 and 2016, Gil was named to Institutional Investor’s prestigious Trading Technology 40. He holds a BA in Management and Sociology from Tel Aviv University (Magna Cum Laude) and an MBA (With Distinction) from INSEAD in Fontainebleau, France.
Get in touch with Fireblocks to learn more about the future of securing digital assets.