Israeli cyber security co Cymmetria raises $9m

cyber security

The Tel Aviv based startup has developed software that lures hackers into cyber traps placed in organizations networks.

Israeli cyber security startup Cymmetria Inc. has closed its series A financing round with an investment led by US based Sherpa Ventures. The "Wall Street Journal" estimates the amount raised at $9 million, bringing the Tel Aviv-based company's total funding to $10.5 million.

Cymmetria has developed software that lures hackers into cyber traps placed in organizations networks. Deceiving hackers to catch them is a new trend in cyber security as Israeli developers now go on the offensive. Cymmetria generates decoy servers which copy an enterprises real networks without endangering operations or surrendering real data.

The company was founded by Gadi Evron, Dean Sysman, Ran Harel and Imri Goldberg.

Published by Globes [online], Israel business news - www.globes-online.com - on November 10, 2015

Copyright of Globes Publisher Itonut (1983) Ltd. 2015

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments

 
cyber security
cyber security
Twitter Facebook Linkedin RSS Newsletters Capital  Markets Conference 2017