Myrror Security Raises $6M in Seed Funding

Myrror Security, a Tel Aviv, Israel-based company which specializes in application security for organizations using open-source packages, raised $6M in Seed funding.

The round saw participation from Blumberg Capital and Entrée Capital.

The company intends to use the funds to expand its product and scale its go-to-market distribution channels.

Led by CEO Yoad Fekete, Myrror Security Myrror Security provides a solution to detect compromises in open-source packages as well as pipelines, systems, and tools used in the application development process, ensuring end-to-end software integrity while offering full visibility into the development assets. By employing proprietary binary-to-source code analysis capabilities with advanced AI matching techniques, the company detects unknown threats, such as malicious packages, malicious code, and CI/CD breaches in real-time — before they even reach production, while also prioritizing known vulnerabilities so security teams can focus on real threats.

Myrror’s platform includes a Breach Detection solution that harnesses an AI-enhanced binary-to-source analysis process that reverse engineers binary artifacts, which can then be compared to the original source code. When a discrepancy is found between the two versions, users receive alerts in real-time, preventing the compromised package from ever reaching the software. The platform also offers SLSA Build L3 (previously SLSA4) build security reassurance.

Alongside this, the company’s Code-Aware SCA (Software Composition Analysis) determines whether a vulnerable function is used in the code, helping security teams prioritize reachable vulnerabilities, cutting down 80% of the alerts they’re facing on a daily basis. 

FinSMEs

07/11/2023