Vicarius Secures $5M in Seed Funding

vicarius

Vicarius, a Tel Aviv, Israel-based predictive cyberthreat provider, raised $5m in seed funding.

The round was led by Jerusalem Venture Partners (JVP), with participation from innogy Innovation Hub and Goldbell.

The company intends to use the funds to accelerate international growth and operating scale, build out its Tel Aviv and East Coast US offices and its product offering, making it available to more clients across multiple industries.

Founded in 2016, by Michael Assraf, Roi Cohen and Yossi Ze’evi, Vicarius provides a cybersecurity platform to empower companies with proactive attack mitigation strategies for software vulnerabilities in real-time. Using Machine Learning, the company’s proprietary Vulnerability Assessment (VA) technology detects exposures in software before hacks occur, and offers customers built-in, immediate solutions and prioritization tools in a functional ‘risk-snapshot’ dashboard to reinforce threat zones.

Vicarius’ TOPIA technology patches vulnerabilities and also offers interim threat protection for target areas that have not yet directly been addressed, saving customers from the operational risks of reboots and the time it takes to patch latent security gaps.

The company’s US team will be based out of the recently launched the JVP International NYC Cyber Center, which will play a meaningful role in protecting cities, banks, utilities, and healthcare systems, democracies, the integrity of information, and the freedom of the individual.

FinSMEs

22/01/2020

Join the discussion