Element Security Secures $5M in Funding to Strengthen Cyber Defenses

Element Security Secures $5M in Funding to Strengthen Cyber Defenses

18 September 2024

A group of people in black shirts with Element Security logo printed pose together, representing the team of cybersecurity startup Element Security.

Element Security, a Tel Aviv-based cybersecurity startup, has successfully raised $5 million in funding from notable backers, including Q Fund VC, Eddy Shalev, former Microsoft Israel CEO Danny Yamin, and ex-JVP General Partner Kobi Rosengarten. The funds will be used to expand the company's operations and enhance its development efforts.

Co-founded by Daniel Lublin (CEO) and Omer Cohen (COO), Element Security has developed an innovative exploit engine that proactively simulates cyberattacks on customers’ internet-exposed assets, whether on-premises, in the cloud, or through third-party SaaS applications. This system identifies high-impact vulnerabilities before malicious actors can exploit them, sending alerts with detailed proof of concept, including the attack chain, payloads, and mitigation strategies.

Since its launch in early 2023, Element Security has already gained traction, securing major clients across the finance, automotive, and aviation sectors.

Source: FinSMEs

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