Vyzer founders (company pic)
Cyviation, an Israeli startup that is the first cybersecurity company focusing on aircraft security, raised $4 million. The company also reached the commercial stage of its SkyRay solution, ahead of time. Meanwhile, Vyzer, an Israeli fintech startup that has developed a digital wealth management platform, raised $6.3 million in a Seed round of funding.
Co-founded in 2021 by Litan Yahav, Tomer Salvi, and Guy Gamzu, Vyzer is a digital-first, holistic platform designed to “simplify and optimize your wealth journey.” The company boasts that it provides comprehensive tracking for traditional and alternative investments, advanced financial planning tools, data-driven insights, document analysis, and more.
The Vyzer financial dashboard is a comprehensive wealth management platform that offers a variety of features to help investors manage their portfolios, track their financial goals, and make informed financial decisions.
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The Vyzer dashboard provides a variety of reports and insights to help you understand your financial situation. For example, you can see how your investments are performing over time, how your spending is allocated, and what your future cash flow projections are.
Vyzer also automatically tracks your investments across a variety of asset classes, including public and private investments, real estate, and cryptocurrency. This saves you time and hassle, and ensures that you always have an accurate view of your portfolio performance.
“This investment marks a significant milestone for Vyzer, enabling us to enhance our platform and expand our reach,” said Vyzer CEO Litan Yahav. “Vyzer is making billionaire wealth management back-office capabilities accessible to everyday investors.”
Yahav added that the funds will enable Vyzer to enhance the firm’s platform’s AI capabilities, develop new features, and broaden its market presence saying, “Our ultimate goal is to simplify and streamline complex wealth processes for our customers, equipping each member with greater insights and control.”
Founded in 2021, Cyviation is a cybersecurity company that focuses on protecting aircraft communication vulnerabilities in the air and on the ground. Their mission is to mitigate ever-growing and menacing cybersecurity threats focusing on aircraft, airlines, and airports.
Cyviation offers a variety of solutions to help airlines and private jet operators protect their aircraft, including Fleet Cyber Risk Assessment – a continuous, non-intrusive fleet assessment module for evaluating and mapping aircraft vulnerabilities and Airborne Cybersecurity – IDS (Intrusion Detection System) for cockpit communication and networks and IDPS for entertainment devices.
The firm also offers Cyber Training & Education and cyber incident management that enables airlines to manage cyber incidents by the CISOs and aircrew and to identify, manage and mitigate compromised aircraft.
Cyviation’s Chairman Arik Arad commented on why the firm’s service is so important saying, “It’s not a question of if, but when an aircraft will fall prey to a cyber-attack. We must consistently remain ahead of attackers, anticipating and neutralizing threats before they manifest.”
