enSilo, a Tel Aviv-based cybersecurity startup, raised $10m in Series A financing.
The round was led by Lightspeed Venture Partners with participation from existing backer Carmel Ventures.
The new investment will be used to expand the company’s global operations, in particular in the North America market, and to open US offices on the West Coast.
Founded in 2014 by CEO Roy Katmor, CTO Udi Yavo, VP Research Tomer Bitton and VP Engineering Ido Kelson, enSilo offers a real-time targeted attack exfiltration prevention platform. Emerged from stealth mode in March, 2015, the company has developed a solution which accurately distinguishes legitimate connections from malicious ones from the moment a connection is established. It provides virtual patching against advanced targeted threats, enabling employees to keep working as usual while a device compromise is resolved.