Israeli startup Vicarius has raised $5 million in seed funding to grow its predictive cyberthreat technology, which helps companies proactively manage software vulnerabilities in real time. The round was led by Jerusalem Venture Partners (JVP), with innogy Innovation Hub and Goldbell.
Founded in 2016, cybersecurity experts Michael Assraf, Roi Cohen, and yossi Ze’evi built Vicarius, essentially a digital self-defense toolkit that companies can employ before attacks even occur. Using machine learning, the startup’s proprietary Vulnerability Assessment (VA) technology detects exposures in software, prioritizes the threats, and then offers built-in solutions, all in one “risk snapshot” dashboard. “Despite the increasingly sophisticated nature of cyberthreats and software weaponization, little has changed in over a decade in the management and ‘patching’ or upgrading systems against cyberthreats,” explained Michael Assraf, CEO and co-founder. “Unlike current approaches that reactively map out potential threats based on pre-existing vulnerability data, Vicarius’ algorithm maps predicts vulnerabilities and potential zero-days based on live attack scenarios, offering an elimination pathway suitable for the zero-day malware era.”
Head of JVP Cyber Labs, Gadi Porat will join the Vicarius board. Commenting on the startup’s sofware, he said, “This new approach safeguards any software without involving the vendor or IT teams. After a decade of limited technological breakthrough in this field, Vicarius offers a pioneering solution to identify, manage and predict software vulnerabilities in a fast, efficient and cost-effective way and we’re delighted to be investing.” The funding will build out Vicarius’ Tel Aviv and New York offices, scaling international operations beyond the startup's Jerusalem headquarters. The business will also expand its product offering, making it available to more clients across multiple industries.
Would you like to write the first comment?
Login to post comments