Israeli Startup Vulcan Cyber Receives $4 Million in Seed Funding

May 31, 2018
Israeli Startup Vulcan Cyber Receives $4 Million in Seed Funding
Israeli startup Vulcan Cyber has received $4 million in seed funding. Vulcan Cyber, which has headquarters in Tel Aviv, Israel, offers services that address the ‘Vulnerability Remediation Gap’ that leaves businesses open to potential cyberattacks. The company’s platform gives a company’s security personnel the insights they require to address production system vulnerabilities on an ongoing basis.

Organizations involved in innovation operate at breakneck speeds and utilize software stacks that can contain vulnerabilities. Their IT security and operations teams often depend on vulnerability assessments and patch management tools and use “manual processes and custom scripting to tie them together”. Vulcan Cyber was established to address the breaches (WannaCry, Petya, etc.) reported daily.

The ‘Vulcan Cyber Continuous Vulnerability Remediation platform’ addresses “most critical risks caused by vulnerabilities” and avoids unexpected impact on business operations. It also reduces dwell time from “weeks and months to hours”. To do this the platform aggregates data from numerous scanning tools and provides advanced exposure analytics that determine the risk of existing vulnerabilities in a deployed enterprise stack. Vulcan then “automatically prioritizes, plans, orchestrates and validates remediation”.

“It has become almost impossible for CISOs and their teams to understand and manage the significant and systemic risk of vulnerabilities in their production systems, leaving them in a state of continuous exposure,” explained Vulcan Cyber’s CEO and co-founder, Yaniv Bar-Dayan. “It might sound more glamorous to talk about zero-day and next generation threats, but vulnerability remediation is truly where the rubber meets the road. The only way to deal with this continuous risk exposure is through continuous remediation, achieved with robust data collection, advanced analytics, automation and closed loop remediation planning, orchestration and validation. This is exactly what we are delivering to IT security teams with Vulcan Cyber.”

Vulcan Cyber’s platform will become generally available late 2018.

Do you know of any other companies developing tools to enhance cyber security? Let us know the details. Add your comments below.





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