SAM, a Tel Aviv, Israel-based home network cyber defense company, completed a $3.5m seed funding round.
The round was led by Blumberg Capital.
Led by Sivan Rauscher, Co-Founder and CEO, Sam provides a cybersecurity software platform that integrates into any router, providing homeowners with a solution for protecting home networks and all connected devices.
The solution fingerprints identifies every connected device on the network. Then, using its AI-powered cloud, the technology applies the appropriate security policy for each device and detects any occurrence of anomalies. Its virtual patching allows ISPs to deploy security fixes within days of their detection.
While operating in stealth mode, the company partnered with Bezeq, Israel’s largest telecom provider with over 2.5 million home subscribers. SAM’s technology was packaged both as a comprehensive cyber protection platform as well as a premium interactive mobile application to control the home network with advanced features such as device fingerprinting, parental control, etc. Since partnering with Bezeq in May 2017, the technology has been installed on over 200,000 routers running on dozens of hardware/firmware configurations including routers already installed in homes.
The company also works with Intel’s Connected Home Division to integrate its technology with Intel’s chipsets to offer high performance security.
Advisors include Nadav Zafrir, Israel Grimberg and Liran Grinberg, former leadership of Israel’s elite intelligence unit 8200, and the founders of Team8, a cybersecurity think-tank and company creation platform.
FinSMEs
06/02/2018