Investments, Startups

Israeli Cyber Security Startup enSilo Raises $2-3M Seed Round from Carmel Ventures

Image Source: Northrupcorporation

Image Source: Northrupcorporation

Israeli cyber security startup, enSilo has raised seed funding round from Carmel ventures to prevent the exfiltration or taking of data. Though neither enSilo nor Carmel Ventures commented on the value of the seed funding round, sources indicate that the funding round was estimated between $2-3 million.

enSilo offers a real-time targeted attack ex-filtration prevention platform. The company’s solution enables organizations from all verticals to prevent business critical data from being stolen from the organization by advanced attackers even in the face of the persistent, chronic and advanced attacks. With its virtual patching against targeted attacks, enSilo enables employees to continue working, even when the endpoint is infected.

“The traditional defense-in-depth approach against advanced targeted threats has resulted in too many alerts for security professionals to handle. The constant infiltration nature of today’s threats led organizations into a “Whack-a-Mole” state where they are pre-destined to lose the game,” said Roy Katmor, CEO of enSilo. “By reversing the cyber kill chain defense model, enSilo is able to prevent – in real time – only active exfiltration attempts by targeted attackers. Thus, enSilo generates only one alert per one active threat while allowing organizations to continue operating as usual.”

In September 2014, cyber security startup LightCyberhad received USD 10 million in a new funding led by Battery Ventures with participation from existing investors Glilot Capital, and Marius Nacht, the Founder of Check Point Software (CHKP).

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