Hysolate, a Tel Aviv, Israel- and New York-based provider of software-defined endpoints, closed $18m in Series B funding.
The round was led by Bessemer Venture Partners and Innovation Endeavors, with participation from NGP Capital. In conjunction with the funding, Amit Karp, partner at Bessemer Ventures, and Harpinder Singh, partner at Innovation Endeavors, joined the company’s board.
The company intends to use the funds to accelerate adoption of the Hysolate Platform and to expand its market presence and continue building its global customer base.
Led by Tal Zamir, CEO and co-founder, Hysolate provides a solution that protects endpoints from cyberattacks while boosting end-user productivity. The platform turns end-user devices into software-defined endpoints, in which each endpoint has multiple isolated virtual machines.
With Hysolate, users are free to access, install and work with whatever websites, apps, external devices and cloud services they need, without being constrained by security restrictions and without exposing corporate assets.
Applications automatically launch in the correct, designated virtual environment. To users, everything looks and acts like their familiar Windows desktop.
The company was launched by Team8, a cybersecurity think tank.
FinSMEs
03/10/2018