IONIX, a Tel Aviv, Israel-based attack surface management solution, secured $15 million in additional funding, bringing its total Series A round to $42 million.
The additional funding was from new investor Maor Investments and existing backers Hyperwise Ventures, Team8, and U.S. Venture Partners (USVP). Cyber expert Chad Kinzelberg joins IONIX's Board of Directors.
Maor Investments is a Luxembourg-based venture capital fund that exclusively invests in Israeli Technology companies. Maor's mission is to build a business bridge between Israeli startups that want to penetrate the European market and European companies that want to leverage Israeli technology and bolster innovation. With close to $300m AUM across two flagship funds, and a total of 22 investments made to date.
IONIX Use of Funds
The company will use the funds to fuel go-to-market efforts, product roadmap development, and enhancement of Threat Exposure Management capabilities in its ASM solution.
IONIX is an attack surface management - that uses connective intelligence. IONIX monitors every internet-facing asset and connection, delivers laser focus on the most important risks to your business, and provides recommendations to rapidly remediate exploitable threats and reduce attack surface risk. Global leaders including Lexmark, Warner Music Group, Infosys, The Telegraph, and E.ON depend on IONIX's machine learning-powered discovery engine, contextual risk assessment and prioritization, and end-to-end remediation workflows to go on the offensive in managing their complex and ever-changing attack surfaces.
Company: IONIX, Inc.
Round: Series A
Funding Month: February 2024
Lead Investors: Maor Investments
Additional Investors: Hyperwise Ventures, Team8, and U.S. Venture Partners (USVP)
Company Website: https://www.ionix.io/
Software Category: Attack Surface Management
Source: Ronny Hassid