Security Experts:

Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

LayerX Raises $7.5M Seed Funding to Tackle Secure Web Browsing

Israeli startup LayerX has joined the list of companies scoring investor interest in the tricky enterprise browser market.

LayerX, based in Tel Aviv, came out of the shadows Monday with $7.5 million in seed funding and ambitious plans to build technology to turn any web browser into a protected and manageable workspace.

Israeli startup LayerX has joined the list of companies scoring investor interest in the tricky enterprise browser market.

LayerX, based in Tel Aviv, came out of the shadows Monday with $7.5 million in seed funding and ambitious plans to build technology to turn any web browser into a protected and manageable workspace.

The early-stage funding round was led by Glilot Capital Partners, alongside Int3, FinSec Innovation Lab by Mastercard, Enel X, GuideStar, and Kmehin ventures.

Despite creeping doubts about product category and size of the market, LayerX joins several startups that recently banked massive funding rounds (some at ‘unicorn’ valuations) to work on enterprise browser products.

Competing companies include Talon Cyber Security, a startup that raised $143 million to build a security-themed enterprise browser based on Chromium; Island, a Texas company that secured $225 million in venture capital funding to work on enterprise browsing software; and Red Access, an Israeli firm promising technology “to secure every web session across any browser, app and device” for corporate customers.

[ READ: Secure Enterprise Browser Startup Talon Raises $100 Million ]

LayerX is positioning itself as a direct alternative to rivals Talon and Island with a platform that protects the entire browser ecosystem without requiring your users to shift, wholly or partially, to a new browser.

“LayerX’s platform mitigates the same browser security risks as Talon and Island, while being more focused on the browsing process itself and maintaining all the security and productivity advantages commercial browsers provide,” the company said. 

“The enterprise browser introduces inevitable blind spots, stemming from the side-by-side deployment of the enterprise browser and the commercial one. With LayerX these gaps don’t exist in the first place since there is only one browser to monitor and control, providing hermetic security coverage to any browsing activity users perform,” LayerX said. 

LayerX says its approach is ideal for businesses because it works in tandem with all commercially available browsers, enabling workforces to maintain existing browsing preferences while giving security administrators tools to tweak the browser into a secure, customizable workspace.

Related: Secure Enterprise Browser Startup Talon Raises $100 Million

Related: Enterprise Browser Startup Island Snags Massive Funding Round

Related: Red Access Raises $6 Million for Secure Browsing Tech

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Click to comment

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cyberwarfare

Websites of German airports, administration bodies and banks were hit by DDoS attacks attributed to Russian hacker group Killnet

Network Security

NSA publishes guidance to help system administrators identify and mitigate cyber risks associated with transitioning to IPv6.

Nation-State

The North Korean APT tracked as TA444 is either moonlighting from its previous primary purpose, expanding its attack repertoire, or is being impersonated by...

Identity & Access

Hackers rarely hack in anymore. They log in using stolen, weak, default, or otherwise compromised credentials. That’s why it’s so critical to break the...

Malware & Threats

Microsoft plans to improve the protection of Office users by blocking XLL add-ins from the internet.

Cloud Security

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.

IoT Security

Lexmark warns of a remote code execution (RCE) vulnerability impacting over 120 printer models, for which PoC code has been published.