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LayerX Emerges From Stealth with $7.5 Million for Cyber Security

LayerX

LayerX team (company pic)

LayerX, a Tel Aviv-based cybersecurity startup, has announced its emergence from stealth with the closing of a $7.5 million Seed round from Glilot Capital Partners, alongside Int3, FinSec Innovation Lab by Mastercard, Enel X, GuideStar, and Kmehin ventures and cybersecurity angel investors. The company also unveiled its user-first browser security solution that LayerX says aims to transform any browser into the “most secure and manageable workspace, with near-zero user impact.”

Founded in 2021, LayerX is says that the company is designed to help monitor, control, and prevent the expanding range of web-based threats and browsing risks. Led by veterans of IDF cyber units and cybersecurity industry, LayerX’s browser security platform transforms existing web browsers into protected and manageable workspaces without negatively impacting the user experience.

Browser security, explains LayerX, has become a focal point for CISOs and security teams since the move to the cloud has resulted in the majority of enterprise work being carried out in browsers. Majority of attacks are being delivered via the browser, most of human interaction is carried over the browser and data loss incidents from the browser are constantly on the rise. Users are easily tricked by hackers to download malware and give away classified information and passwords; while data flows in and out of the organization without restrictions, thus exposing enterprises to compliance violations.

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Traditional network security solutions fail to analyze traffic to the cloud, dynamic web apps and modern websites, thus leaving the need for secure browsing unaddressed. Recent emerging solutions seeking to overcome these weak spots focus primarily on standalone secure web browsers and sandboxing environments that severely impact the browsing experience or work culture.

LayerX employs a different approach to browser security by operating in tandem with all commercially available browsers, enabling workforces to maintain their existing browsing preferences while granting security administrators the flexibility to transform any browser into a secure, customizable, and intuitive workspace without compromising on user experience, performance or privacy.

“Chrome and Safari aren’t the problem. Web browsers are perfectly built for productivity and security architecture; it’s the interaction of the users over the web browsers that pose a threat to the organization,” notes Or Eshed, CEO and co-founder of LayerX. “Our technology focuses on deep session analysis, adding that pivotal extra layer of security needed to keep browsing truly safe. Our solution fits into any organization and any network, providing more security with less resources”

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