Moldowsky Group unit Plus Ventures' Explore Fund and the Hassin family's B2Angels made the investment.
Cyber security start-up Re-Sec Technologies Ltd. has raised $750,000 from Moldowsky Group unit Plus Ventures' Explore Fund and the Hassin family's B2Angels.
Re-Sec's MachineSafe customized system protects against the latest cyber attacks, such as advanced persistent threats, zero day attacks, and targeted attacks. The system enables control of data inflow and threat identification, while providing transparency to the end user. The system has been installed at several infrastructure and financial companies.
Re-Sec founder and CEO Oren Schnitzer said, "Lately, we have been seeing a worrying rise in advanced cyber attacks against financial organizations. Our security concept is based on the understanding that as more enterprises install advanced security solutions, we will achieve more efficient business service, which will save the economy heavy unnecessary costs. Despite the complex technologies underpinning MachineSafe's advanced capabilities, it is able to reduce the direct costs of an enterprise's information security policy enforcement."
Published by Globes [online], Israel business news - www.globes-online.com - on July 14, 2013
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