Cyolo, a Tel Aviv, Israel-based provider of secure connectivity solutions, came out of stealth mode with a $4.2m seed funding.
The round was led by Flint Capital, with participation from Global Founders Capital, Differential Ventures and private investors.
The company intends to use the funds to grow the team, accelerate development efforts and expand into new markets.
Led by Almog Apirion, co-founder and CEO, Cyolo provides a unified network and security platform that creates a secure digital path that connects authorized users to approved resources, to ensure business continuity. The secure access platform ensures risk-based access and action control by providing granular visibility and control per application, based on user ID, device ID, time, location, behavior and action. Cyolo is currently deployed in organizations with thousands of users, in multiple sectors.
FinSMEs
06/04/2020