LayerX has emerged from a period of stealth by launching its user-first browser security product and securing $7.5m in funding.
The round was led by Glilot Capital Partners and saw participation from Int3, Enel X, GuideStar, Kmehin Ventures and FinSec Innovation Lab by Mastercard.
LayerX claims its new solution aims to transform any browser into the most secure and manageable workspace with near-zero user impact.
LayerX said it employs an approach to browser security by operating in tandem with all commercially available browsers, enabling workforces to maintain their existing browsing preferences while granting security administrators the flexibility to transform any browser into a secure, customisable and intuitive workspace without compromising on user experience, privacy and performance.
The LayerX “Plexus” engine performs high-resolution monitoring on all potential browsing risks to detect incoming threats, taking a weight off security administrators. By deploying a dual AI engine that works on both the client side and the backend, LayerX boosts enterprises’ protection against a wide range of browser-based security threats.
Using advanced machine learning and with better visibility into the browser, LayerX claims it delivers high-resolution monitoring, risk analysis, and browser control mechanisms. The technology was designed to help workforces embrace secure web browsing while simultaneously maintaining user privacy and confidentiality.
LayerX claims it is the only “user-first” platform that mitigates the risks associated with users without changing their browsing experience.
LayerX CEO and co-founder Or Eshed said, “Chrome and Safari aren’t the problem. Web browsers are perfectly built for productivity and security architecture; it’s the interaction of the users over the web browsers that pose a threat to the organization. Our technology focuses on deep session analysis, adding that pivotal extra layer of security needed to keep browsing truly safe. Our solution fits into any organization and any network, providing more security with less resources”
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Copyright © 2018 RegTech Analyst
