Cylus Raises $4.7M in Seed Funding

Cylus, a Tel Aviv, Israel-based startup developing cybersecurity solutions for railways and metros, raised $4.7m in seed funding.

Backers included Zohar Zisapel, a private investor and Founder of RAD, as well as Magma Venture Partners, Vertex Ventures and the SBI Group.

Founded in 2017 by veterans of the Israeli Defense Forces (IDF) Intelligence Corps’ elite technological intelligence and security units, Boaz Zafrir, President of Cylus and former CEO of Israel Railways and Zohar Zisapel, Chairman of several cyber and mobility startups, and led by CEO Amir Levintal, former Director of the Cyber R&D Division of the Israel Defense Forces technological unit, Cylus provides a platform that enables rail companies to detect cyber-attacks in their operational network, including their signaling systems and rolling stocks, and block attackers before they can cause any damage.

Key features of the company’s platform include:
– Optimal security without compromising safety with wxisting safety mechanisms enhanced with additional layer of security
– Centralized operational visibility with a unique interface which makes all trackside and trainborne connected devices visible to operators
– Multi-vendor integrated systems protection to help identify weak links in the system
– Preemptive response to threats

FinSMEs

25/01/2018

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