CardinalOps News
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growth-positive
CardinalOps secures $17.5 million Series A to map cyber threats CTech
Israeli cybersecurity startup CardinalOps has raised $17.5 million in Series A funding led by Viola Ventures. The company aims to optimize cybersecurity threat coverage and help organizations effectively use their security products. CardinalOps has also hired industry veteran Phil Neray as Chief Marketing Officer and Vice President of Cyber Defense Strategy. The company, founded in 2020, is led by serial entrepreneurs who have previously sold companies to Palo Alto and Allot. CardinalOps cloud-based platform delivers AI-powered recommendations in the native query language of widely used security analytics solutions, helping to address the complexity and increased risk of breaches in Security Operations Center teams.
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https://www.jpost.com/jpost-tech/israeli-cypersecurity-start-up-completes-65-million-funding-round-656415
Cybersecurity start-up CardinalOps has completed a $6.5 million seed fundraising round led by Glilot Capital, Battery Ventures, and other angel investors. The company provides automated solutions for security operations centers (SOCs) to help companies manage and respond to cybersecurity threats. The funding will support the development and expansion of CardinalOps platform. The company was founded in early 2020 by Michael Mumcuoglu and Yair Manor, both serial cyber entrepreneurs. CardinalOps aims to address the gap between the capabilities of cybersecurity products and their application in organizations. The companys platform streamlines the management of cybersecurity solutions and enhances defense capabilities.
Investment
growth-positive
CardinalOps Introduces Industry's First Threat Coverage Optimization Platform
CardinalOps has introduced the industrys first Threat Coverage Optimization Platform and closed a $6.5 million Series Seed fundraising led by Battery Ventures, Glilot Capital, and other security industry leaders. The platform leverages AI-based analytics to optimize threat coverage in security operations centers (SOCs) by identifying gaps in existing logs, rules, and policies. It provides organization-specific recommendations and misconfiguration fixes based on real-time asset inventory analysis and industry-specific threats. The investment will be used to commercialize the platform and improve enterprise security posture. CardinalOps was founded in 2020 by a team of cybersecurity entrepreneurs and is based in Silicon Valley and Israel.
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