Modelyo Raises $17M in Funding

Modelyo, an Israeli cybersecurity startup based in Israel, has raised $17 million in a funding round to accelerate the development of its confidential cloud platform. The company provides a security solution that enables organizations to utilize cloud infrastructure and AI systems while maintaining complete control over their sensitive data and encryption keys.

Investors

The funding round was led by U.S.-based OlivTree. Additional participants include Seth Merrin and David Phelps.

Modelyo Use of Funds

Modelyo plans to use the new capital to support research and development of its Sovereign Confidential Cloud platform. Additionally, the company intends to expand its international commercial operations.

About Modelyo

Founded in 2024 by Benny Meir, Dr. Itzhak Aviv, and Dr. Michael Kiperberg, Modelyo aims to solve the conflict between cloud innovation and data security. The company provides a platform that combines hardware-based encryption, confidential computing, and zero-trust architecture to ensure data remains secure while being processed in third-party cloud environments.

Funding Details

Company Website: https://modelyo.com

Company: Modelyo
Raised: $17M
Funding Date: October 22, 2026
Lead Investor: OlivTree
Additional Investors: Seth Merrin, David Phelps
Software Category: Cybersecurity
Source: https://www.calcalistech.com/ctechnews/article/rju100ow2ml