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Cybersecurity Funding

Online Infrastructure Security Firm Cyberpion Emerges From Stealth

Online infrastructure security solutions provider Cyberpion on Tuesday emerged from stealth mode after raising $8.25 million in seed funding.

Online infrastructure security solutions provider Cyberpion on Tuesday emerged from stealth mode after raising $8.25 million in seed funding.

Aiming to help organizations gain visibility into and secure their online ecosystem, the Tel Aviv, Israel-based cybersecurity startup provides security teams with a platform that they can leverage to identify and neutralize the risks posed by vulnerabilities in their online assets.

Enterprises leverage third-party solutions to improve their market presence and operations, which results in an ever-expanding ecosystem, due to the connections each partner makes, thus making it difficult to monitor and manage resources and expanding the attack surface beyond the security perimeter.

Cyberpion aims to address the issue through identifying the extensive inventory of assets, performing continuous security assessment of vulnerabilities that impact the ecosystem, delivering timely alerts that security teams can act upon, and automating proactive protections.

The company’s Ecosystem Security platform, a Security-as-a-Service solution, has a distributed architecture and can be used immediately, without installation, modifications, or configuration.

The new funds, Cyberpion says, will be invested in sales and marketing efforts, but will also be used to expand and accelerate development of its platform.

Team8 Capital and Hyperwise Ventures co-led the seed founding round.

“Following rapid growth in both research and development as well as winning new customers that include Fortune 500 companies, we are excited to emerge from stealth and champion the rising ecosystem security sector,” said Cyberpion founder and CEO Dr. Nethanel Gelernter.

Related: Illusive Networks Raises $24 Million in Series B1 Funding Round

Related: GreyNoise Raises $4.8 Million in Seed Funding to Combat Alert Fatigue

Related: Enterprise Device Security Company Eclypsium Raises $13 Million

Related: Secure Access Provider Axis Security Raises $32 Million

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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