Tech Company Financing Transactions
LayerX Security Funding Round
On 10/3/2022, LayerX Security received $7.5 million in Seed funding from Glilot Capital Partners, Enel X and FinSec Innovation Lab.
Transaction Overview
Company Name
Announced On
10/3/2022
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth and expand operations.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
The steep rise in the browser's role in the modern enterprise calls for a re-evaluation of the entire security architecture. As the main workspace, all the risks that apply to it one way or the other must be addressed in a unified manner. Moreover, in today's perimeter-less hybrid work environment, many enterprise resources are either partially or completely out of the IT and Security teams' direct control. As opposed to that, the browser, through which the workforce accesses these resources, and more specifically the browsing activity itself, can be fully monitored and governed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Or Eshed
Chief Technical Officer
David Vaisbrud
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