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Cybersecurity Startup Cyberpion Raises $27 Million


Cyberpion leaders (company pic)

Israeli cyber security startup brought in $27 million in Series A funding led by U.S. Venture Partners. This brings the total amount of investment raised by Cyberpion to $35 million to date.

Cyberpion declares that its mission is to defend the “new and vast attack surface” created by online ecosystems.

Its platform enables security teams to identify and neutralize the new threats stemming from vulnerabilities within online assets throughout an enterprise’s far-reaching, hyper connected ecosystem. Cyberpion will use the new capital to boost its sales and marketing efforts, while expanding and accelerating product development of its Ecosystem Security™ platform.

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OK. So what do they mean by “ecosystem?” It’s a term usually applied to the environment, not high tech.

Well when we talk about an ecosystem we mean how the different species of animals and plant life all interact with one another in their natural habitats. Bees help pollination, animal eat the plants and higher level animals eat the lower ones.

All form of life in an ecosystem is interconnected and so it is in some way dependent on all the other plants and animals. The actions of any one can affect all of the rest.

So what does Cyberpion do? Well the company says that internal firewalls are no longer enough to protect your organization. Companies need to be protected from the outside as well since hackers can get inside your firm by way of outside systems with which you interconnect.

Former Global Head of Cloud Security at Check Point, Senior Director at Aqua Security and Director of Enterprise Strategy at Microsoft, Ran Nahmias co-founded Cyberpion. He commented, “Enterprise security risks are no longer constrained to the gates of the organization’s firewall. The threats are analogous to infections caused by the Covid-19 virus.”

“External attack surface management has been clearly established as a cybersecurity domain since we emerged from stealth 18 months ago, and demand for our progressive approach has been proven by our exceptional customer growth,” says Dr. Nethanel Gelernter, Founder and CEO, Cyberpion. “We’ve simplified a complex task of helping enterprises reduce the risk exposure derived from the unknown and uncontrolled by mitigating vulnerabilities across the entire digital supply chain. We’re at the forefront of the EASM revolution and this funding round will double our headcount in engineering, research and sales.”

Ran Nahmias, Co-founder and Chief Business Officer, Cyberpion adds, “We’re delighted that leading Silicon Valley-based VC firm U.S.Venture Partners has joined our existing investors in supporting our journey to help organizations reduce their external attack surface and prevent potentially devastating attacks. This investment bolsters our position to hire talent as we expand the company, and will enable us to further develop our platform capabilities, expedite go-to-market across core regions and verticals, as well as help us attract more channel and technology partners.”



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