Cyesec Ltd. Asset Profile

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Year established

2011

Location

Herzliya Israel

Primary Industry

Software

About

Based in Herzliya, Israel, and founded in 2011 by Reuven Aronashvili, Haim Aharoni, Gabi Levenberg, Matan Chen, and Eyal Greenberg, Cyesec Ltd. operates as a cybersecurity company. The company's founder and current CEO, Reuven Aronashvili, was part of the inception of Israel's Red Team/Section 21, the cyber warfare unit of the army. In February 2021, Cyesec Ltd. raised USD 120 million in Series A led by EQT, with participation from 83 North. The company has two main offerings, of which the first is a cloud-based platform, Hyver, which is sold on a subscription basis and uses a data-driven approach to map a company's dataflows, authorizations and the impact of any potential breach. The platform then identifies vulnerabilities and determines threat levels for each of them. Furthermore, the firm also provides a CISO-as-a-service facility via a conjunction of analytical software and former Red Team operatives' expertise to assess a company's cybersecurity and possible improvements.

Current Investors

EQT, 83 North

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Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software

Website

www.cyesec.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series A

Total Amount Raised

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