Onyxia Raises $5 Million in Seed Round  

by Kay Aloha Villamor in September 30th, 2022

Onyxia, a New York-based AI-powered cybersecurity strategy and performance platform providing a centralized way for security teams to monitor and manage cybersecurity efforts in real time, raised $5 million in seed funding.

The round was led by World Trade Ventures (WTV), with participation by Silvertech Ventures and angel investors.

The funding will be used to accelerate automation development, expand staff, and enhance platform design.

Onyxia is setting a new standard in cybersecurity by enabling enterprises and managed security service providers (MSSPs) to consistently have real-time insight into their internal systemic and macro cybersecurity postures, proactively highlighting strategies to close imminent security gaps and threats. 

“​​Traditional cybersecurity systems are reactive, burdening CISOs with manual work. As a result, many vulnerabilities are ignored while pervasive cyber threats are becoming more complex,” says Sivan Tehila, Founder & CEO of Onyxia. “We built Onyxia to be a proactive solution to cybersecurity threats, aimed at keeping CISOs ahead of the curve by providing them with tailored insights based on real-time data, so companies properly prioritize and are best prepared.”

Company: Onyxia Cyber, Inc.

Raised: $5.0M

Round: Seed Round

Funding Month: September 2022

Lead Investors: World Trade Ventures (WTV)

Additional Investors: Silvertech Ventures

Company Website: https://www.onyxia.io/

Software Category: AI-powered Cybersecurity Strategy and Performance Platform

About the Company: Founded by Sivan Tehila, Onyxia is an AI-powered cybersecurity strategy, management, and performance SaaS platform enabling enterprise security professionals to understand their Cybersecurity posture in real-time. Leveraging AI, Onyxia’s platform keeps pace with the ever-changing security landscape while personalizing the platform and remediation recommendations for each company. And with actionable insights, Onyxia empowers security professionals to define their security environment and highlight the best solutions and strategies to close vulnerable gaps before they emerge. By leveraging automation and scalability, Onyxia enables CISOs to gain a holistic view of their cybersecurity environment while highlighting the best solutions and strategies to close security gaps.

Source: https://www.prweb.com/releases/2022/9/prweb18923504.htm

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