Industrial IoT Cybersecurity Platform Provider CyberX Closes $9M Funding

cyberxCyberX, a Framingham, MA-based provider of cybersecurity solutions for the Industrial IoT, completed a $9M funding round.

The round was led by Flint Capital, with participation from existing investors Glilot Capital Partners, Swarth Group, GlenRock, newly joined ff Venture Capital (ffVC) and additional angel investors.

Co-founded by Omer Schneider and Nir Giller, both veterans of the Israeli Elite Cyber Security Unit, CyberX provides visibility into the IIoT environment as well as real-time detection and alerts of operational incidents, cyber threats and system tampering.
The company leverages Industrial Finite State Machine (IFSM) technology to collect data across the IIoT environment and utilize Big Data and Machine Learning to optimize the detection of anomalous behaviors.
CyberX has dozens of major deployments and a worldwide customer base in North America, EMEA and APAC.

The technology is currently being used in dozens of industrial and production environments worldwide.

FinSMEs

02/08/2016

 

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