FirstPoint Mobile Guard Receives Investment from innogy Innovation Hub

FirstPoint Mobile GuardFirstPoint Mobile Guard, a Netanya, Israel-based provider of a cellular Cybersecurity-as-a-Service platform, closed a seed funding round of undisclosed amount.

The round was led by The innogy Innovation Hub, joined by private investors including previous round investors, the Stolero Group, Gideon Argov and an investment group that participated in Mobileye’s first funding round.

The company intends to use the funds to bring their products to market and expand in selected international markets and for additional use cases.

Led by CEO and co-founder Prof. Dror Fixler, PhD, FirstPoint provides network-level protection that shields all cellular devices against hidden network vulnerabilities that stump security teams:
– IMSI catchers (fake base stations),
– malicious SMSs,
– location trackers, and
– other tactics that can steal sensitive communications and data.
This military-grade, proven Cybersecurity-as-a-Service detects, alerts, protects and deceives, without requiring user intervention to install or update anything. Organizations can also customize protection by defining and modifying policies per device, which cannot be achieved with other solutions.

The company’s solutions fill the cybersecurity gap faced by many security-sensitive organisations and individuals, including enterprises and global corporations looking to secure unprotected employee BYODs (Bring Your Own Device), business travelers requiring protection against surveillance and eavesdropping and governments and militaries safeguarding sensitive missions and other activities. As well as mobile devices, FirstPoint protects Internet of Things (IoT) devices, such as connected cars, smart utilities and payment terminals, that are vulnerable to attack.

The company’s mobile phone security solutions will become available in Q3 2019, in select locations, and will be offered in partnership with mobile network operators worldwide over the next quarters.

FinSMEs

25/03/2019

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