Dynamic cybersecurity platform Onyxia has launched its services after closing its seed round on $5m.
World Trade Ventures led the investment. Participation also came from Silvertech Ventures and unnamed angel investors.
Onyxia has earmarked this capital capital to accelerate the development of automation, hire more staff and enhance the platform design.
The CyberTech company claims to be setting a new standard in cybersecurity by enabling enterprises and managed security service providers (MSSPs) to consistently have real-time insights into their internal systemic and macro cybersecurity postures. This empowers them to become more proactive in spotting security gaps and threats.
Through AI technology, Onyxia claims its dynamic cybersecurity platform keeps pace with the ever-changing security landscape, while personalising the platform and remediation recommendations for each company.
The actionable insights enable security teams to define their security environment and highlight the best solutions and strategies to close vulnerable gaps before they emerge.
Onyxia CEO Sivan Tehila said, “Traditional cybersecurity systems are reactive, burdening CISOs with manual work. As a result, many vulnerabilities are ignored while pervasive cyber threats are becoming more complex.
“We built Onyxia to be a proactive solution to cybersecurity threats, aimed at keeping CISOs ahead of the curve by providing them with tailored insights based on real-time data, so companies properly prioritise and are best prepared.”
In other cybersecurity news, SentinelOne recently launched a $100m venture fund. The vehicle will enable the endpoint security company to invest into other security startups.
S Ventures will invest across all stages of the startup lifecycle with a focus on security and data companies that bring use cases and could integrate with SentinelOne’s Singularity XDR platform for unified prevention, detection and response.
Fellow CyberTech company Malwarebytes also featured in recent headlines. The company raised a $100m strategic minority investment from Vector Capital.
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