Company Overview
Snapshot
Founded in February 2022 by Deddy Lavid and Meir Dolev, Cyvers operates with 11–50 employees. The company has secured $8 million in total capital across two funding rounds from seven investors, with Elron Ventures leading a December 2022 round. In January 2023, Cyvers released a DeFi Threat Detection Report, highlighting its expertise in Web3 security.
Business overview
Cyvers is an AI-based Web3 security company specializing in cryptocurrency security solutions. The company develops products designed for real-time cryptocurrency attack detection by utilizing geometric machine learning to analyze both off-chain and blockchain data. Cyvers serves the global market, focusing on the Cyber Security sector, particularly within application and website security, and targets financial services, financial products, and virtual currencies.
Strategic signal
In January 2023, Cyvers released a DeFi Threat Detection Report, underscoring its commitment to thought leadership and expertise in the rapidly evolving Web3 security landscape. This report signals to investors and innovation teams that Cyvers is actively analyzing and addressing critical vulnerabilities in decentralized finance, positioning itself as a key player in safeguarding blockchain transactions and digital assets.
Log in to access full profile ›Company Intelligence Q&A
- When was Cyvers founded and by whom?
- Cyvers was founded in February 2022 by Co-founders Deddy Lavid and Meir Dolev.
- What is Cyvers' primary focus in the market?
- Cyvers focuses on providing proactive Web3 security solutions, specifically developing AI-based crypto security products for real-time attack detection in the blockchain and decentralized finance sectors.
- How much capital has Cyvers raised to date?
- Cyvers has raised a total of $8 million in capital.
- Which investors participated in Cyvers' December 2022 funding round?
- In December 2022, Cyvers secured funding from investors including Elron Ventures.
- What significant report did Cyvers release in early 2023?
- In January 2023, Cyvers released a DeFi Threat Detection Report, showcasing its analytical capabilities in Web3 security.