LayerX Raises $7.5 Million in Seed Round  

by Kay Aloha Villamor in October 4th, 2022

LayerX, a Tel Aviv, Israel-based cybersecurity startup, announced its emergence from stealth with $7.5 million in seed funding.

The round was led by Glilot Capital Partners, alongside Int3, FinSec Innovation Lab by Mastercard, Enel X, GuideStar, and Kmehin ventures (the leading Israeli CISO syndicate) and cybersecurity angel investors.

LayerX unveils its user-first browser security solution that aims to transform any browser into the most secure and manageable workspace with near-zero user impact.

Or Eshed, CEO and co-founder of LayerX, notes that "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."

The LayerX "Plexus" engine performs high-resolution monitoring on all potential browsing risks to detect incoming threats, taking the weight off security administrators. By deploying a dual AI engine that works on both the client and backend, LayerX boosts enterprises' protection against a wide range of browser-based security threats.

Using advanced machine learning and better browser visibility, LayerX 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.

Company: Mirovia Security Ltd. 

Raised: $7.5M

Round: Seed Round

Funding Month: October 2022

Lead Investors: Glilot Capital Partners

Additional Investors: Int3, FinSec Innovation Lab by Mastercard, Enel X, GuideStar, and Kmehin ventures

Company Website: https://www.layerxsecurity.com/

Software Category:  Browser Security Solution

About the Company: Founded in 2021, LayerX is designed to help monitor, control, and prevent the expanding range of web-based threats and browsing risks. Led by seasoned veterans of IDF cyber units and the cybersecurity industry, LayerX's browser security platform transforms existing web browsers into protected and manageable workspaces without negatively impacting the user experience. LayerX is the pioneer of AI-based high-resolution monitoring, risk analysis, and control of all users' browser activities to enable the enterprise workforce to access any web resource from any device while ensuring protection from a wide range of web-borne risks.

Source: https://www.businesswire.com/news/home/20221003005524/en/



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