SAN FRANCISCO, CA and TEL AVIV, ISRAEL--(Marketwired - Aug 13, 2013) - Cyvera Ltd., the company that provides cyber defense solutions to stop zero-day attacks, has raised $11M in venture capital funding. The funding was led by Battery Ventures. Serial entrepreneurs Prof. Ehud Weinstein and Dr. Ofir Shalvi joined the round as well. The previous round was led by SF-based VC, Blumberg Capital.
"Cyber attacks that are not yet known pose the biggest threat to national, corporate and personal security. Cyvera's approach to preventing these attacks is truly innovative, born from the deep expertise of the founding team," said Itzik Parnafes, general partner at Battery Ventures. Cyvera's founders Uri Alter, Netanel Davidi and Moshe Ben Abu, and Chief Scientist Gal Badishi (Phd), have spent their careers in cyber security and computer forensics, including corporate security, master hacker research, and both proactive and defensive management roles within the Israeli Intelligence.
Cyvera is preventing yet-to-be-identified cyber threats uniquely by obstructing the path upon which the attack is being launched and not enabling the attackers to utilize their "toolboxes." The system takes aim at the two most common (and severe) vectors of malware injection by blocking any attempt to exploit software vulnerabilities or any attempt to utilize social engineering tactics that prompt the user to run executable malicious files.
Cyvera's flagship product, the Cyvera TRAPS (Targeted Remote Attack Prevention System), is a client-based platform. It consists of endpoint agents and a centralized Management and Report Center. The agents lay traps and sets barriers across every conceivable path that an attack could take and conduct random action to deceive the attacker. In addition to stopping an attack and preventing any malicious activity before it occurs, Cyvera has also developed Reflector. Reflector is an isolated environment for post-prevention study and deep analysis of the obstructed attack, based on the forensics evidence collected in the process of prevention. Cyvera's cyber defense solutions currently work on all types of Windows-based end point and server systems and on top of any platform (whether physical or virtual machine, terminal sessions or thin clients). Additional operating system support is in development and will be released later this year.
"We don't know what the attack will look like, and we don't even try to, because we understand it is impossible to predict. But we do know every single technique a perpetrator must use to successfully launch an attack. Often these techniques are concealed in innocent looking files like documents, presentations, web links, images and more," explains Netanel Davidi, Co-CEO of Cyvera. "With this knowledge we are able to stop the attack in its tracks at a very early stage and by doing so can help our customers evade the effects of zero-day attacks or known attacks on unpatched computers."