Tel Aviv-based corporate payment protection startup nsKnox has landed a $15 million funding round led by Viola Ventures and M12, Microsoft’s venture fund, with participation from Discount Capital and previous seed investors.

Founded in 2016, nsKnox has developed a real-time corporate payment protection platform that employs what the startup calls the “Cooperative Cyber Security (CCS)” paradigm, which in practice means combining multiple cybersecurity systems from different organisations. According to the company, its platform “helps defend organizations against cyber-fraud, internal fraud, social engineering and data manipulation attempts, throughout the journey of the payment.”

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