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CyberSense Lands $5 Million in Series A Funding

11
Mar
2014

CyberSense, a security startup providing of cloud-based and on-premises threat detection solutions, recently announced that it has received $5 million in Series A funding.

CyberSense is yet another startup focused in the increasingly crowded and competitive threat detection space.

According to the company, its CyberSense360 platform helps enterprises detect and analyze zero-day, undetected malware being used in advanced, targeted attacks. Additionally, CyberSense says its platform builds threat profiles, utilizes threat intelligence, and blocks attacks to automatically remediate damage from cyber attacks against systems.

“CyberSense360 traps zero-day malware in its virtualized sensor network of honey pots and next-generation malware traps before the malware can inflict significant damage to customers’ data centers or cloud deployments,” the company explained.

The company is led by co-founders Yaniv Alfi, CEO, Moshe Ben-Simon, vice president of services and research, and Yuval Malachi, co-founder and CTO.

The funding came from BRM Group and Opus Capital.

“CyberSense will use the investment to continue to develop advanced cybersecurity solutions that are helping some of the world’s most-often-targeted organizations reduce the risk of costly and disruptive compromises, data breaches and compliance violations,” said Alfi.

“Enterprises of all types and sizes are seeking cybersecurity solutions that can provide effective protection against malware-carrying APTs that penetrate deep into IT ecosystems and steal valuable data and trade secrets,” said Dan Avida, general partner, Opus Capital. “Customer installations of the CyberSense360 solution have repeatedly detected and thwarted attacks that were not discovered by other products, which acts as proof that the solution is effective at addressing today’s most active and menacing threats.”

“Our firm is exposed to multiple cybersecurity software startups regularly, and we look to invest in those that are proving that they have the ability to meet the demands of global enterprises,”said Eran Barkat, partner, BRM Group. “CyberSense is among the most effective new providers we have seen in a while.”

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Managing Editor, SecurityWeek.Previous Columns by Mike Lennon:CyberSense Lands $5 Million in Series A FundingYahoo! Names Alex Stamos as New CISO Fortinet Launches New DDoS Protection Appliances for Enterprises and MSPsJudge Declares Mistrial in Junipers Suit Against Palo Alto NetworksMasterCard and Visa Lead Industry Group to Bolster Payment Security

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