Former Israeli Intelligence Officials Get $2.5M To Seed Cyber Security Company Hexadite

TechCrunch

Cyber security startup Hexadite, launched by three former Israeli intelligence officials, came out of stealth today and announced $2.5 million in seed funding. The money comes from YL Ventures with a contribution from former Microsoft Vice president Moshe Lichtman, a general partner at Israeli venture capital firm, Israel Growth Partners.

The company intends to automate the act of monitoring and understanding cyber threats as they happen.

How much is cyber security on the minds of CIOs these days? In May, at the MIT Sloan CIO Symposium, I heard the word “target” used as a verb for the first time, as in I don’t want to get “targeted,” that is hit by a major breach as Target did at the end of last year.

CIOs are clearly worried about these types of attacks and they have every right to be. But Hexadite wants to get beyond pure detection and take the…

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