Cyolo, an Israeli network security SaaS platform, has emerged from stealth mode with a $4.2 million seed round, led by Flint Capital and joined by Global Founders Capital, Differential Ventures and private investors.
“Cyolo introduces a new concept of a secure business connection that is not network bound,” says Almog Apirion, the company’s co-founder and CEO.
With resources scattered across platforms, and teams distributed around the world, businesses need a secure network with minimal attack surface. The security platform connects authorized users to approved resources, whether in a cloud or IoT environment, regardless of where the user is located and which device is used.
A key feature of Cyolo is the granular visibility and control it offers, based on user ID, device ID, time, location, behavior and action.
Founded last year by former commanders of the Israeli Navy Cyber Unit, the Tel Aviv-based startup will use the new funding to speed up product development and expand its customer base.