SkyFormation Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
SkyFormation Ltd. - overview
Established
2014
Location
Givat Shmuel, -, Israel
Primary Industry
IT Security/Cybersecurity
About
SkyFormation Ltd. provides innovative cybersecurity solutions designed to enhance security operations, specializing in advanced threat detection and response mechanisms tailored for various sectors. SkyFormation Ltd. , founded in 2014, operates in Givat Shmuel, Israel, focusing on cybersecurity solutions.
The company has undergone strategic development but no major pivots have been noted. Founded by Uri Dor, who has a history of entrepreneurship, SkyFormation has successfully completed one deal as of July 2, 2019. SkyFormation Ltd. offers a suite of cybersecurity products aimed at improving security operations through advanced threat detection, investigation, and response (TDIR).
Their flagship platform serves as a Cybersecurity Strategy Agent for Security Operations Center (SOC) leadership, facilitating the identification of security gaps. Their solutions include cloud-native and self-hosted Security Information and Event Management (SIEM) systems, AI-driven analytics, and automation tools. These products cater to sectors such as financial services, healthcare, government, and education, addressing insider threats, compliance management, and external threats like phishing and ransomware. SkyFormation Ltd.
primarily generates revenue through subscription services, providing continuous access to its cybersecurity platforms. The company engages in B2B transactions with tailored pricing plans for enterprises looking to enhance cybersecurity. Clients can choose from various deployment models, ensuring flexibility in their cybersecurity investments. Subscription terms typically involve annual or multi-year agreements with tiered pricing based on user numbers or data volume.
Additionally, SkyFormation offers professional services, further contributing to its revenue stream. SkyFormation Ltd. plans to leverage recent funding from its latest deal on July 2, 2019, to develop new products and expand into new geographic markets. The company is focusing on launching innovative cybersecurity solutions aimed at improving threat detection and response capabilities.
Plans for expansion include targeting markets in North America and Europe by 2023, utilizing the funding to support product development and market entry strategies.
Current Investors
Exabeam, LLC
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity
Website
www.skyformation.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
SkyFormation Ltd. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.