IXDen Overview
IXDen has developed a single AI platform for OT failure prediction and IoT cybersecurity, including the world’s first “biometric” identity for industrial control systems (ICS). IXDen's solution approach to OT system protection covers Industrial IoT cybersecurity and sensor data integrity. Leveraging patented biometric IoT device identity and multifactor authentication, IXDen achieves sensor data integrity on a sensor level while providing at-the-source threat detection. IXDen has developed a software-only anomaly-detection and multifactor device authentication system based on proprietary algorithms and patented AI. Its platform enables customers to have full visibility into the health of their enterprise; manage the security levels of their networks, 100% of their sensors and programmable logic controllers (PLC); predict equipment failures; and save millions of dollars by identifying and mitigating breaches of data integrity in real time. IXDen’s biometric, identity-based and patented system addresses both cybersecurity and operational demands as the core technology constantly tracks all of the sensors’ data and changes, ensuring that any malfunctions or anomalies are recorded and addressed. IXDen leverages proprietary behavioral and mathematical algorithms, statistical analysis, machine learning, and patented artificial intelligence to model the behavior of various industrial physical systems, attaining deep understanding of the device data, software, and hardware. The solution provides data veracity and device security without any hardware or security keys stored on the device. IXDen offers OT teams the system health indicator, reflecting the health of the data and security level, enabling better prediction of potential system misbehavior. The company serves diverse markets and sectors, including water, energy, gas, oil. The product is in production in over 100 water sites in the Israel's national water company, Mekorot.
Cumulative Funding Raised Over Time ($)
—Feb 2020
$2.5MJan 2018
$2.5MJan 2019
$7.5MJun 2021
$7.5MMar 2024
Latest News
growth-positive
Pioneering AI for Infrastructure Security: IXDen has been selected for Google's AI Startup Program and awarded a Grant
IXDen, a global leader in cybersecurity and operational failure prediction, has been selected by Google for its prestigious AI Fund. This recognition highlights IXDens innovative AI platform that secures critical infrastructures from cyber threats and operational failures. The program provides IXDen with significant support, including access to Google resources, mentorship, and expertise in business development, strategy, and marketing. This partnership is expected to accelerate IXDens growth and enhance its technology. IXDens solutions are already deployed at a large scale in leading national infrastructure companies, providing real-time information on security threats and system health.
PartnersInvestment
growth-positive
IXDen, an Israeli start-up that has developed a patented AI platform for securing critical infrastructure from cyber-attacks, will accomplish implemented solutions in over 70 water sites across Israel
IXDen, a cybersecurity company, has integrated its AI-based software technology with Mekorot, the National Water Company of Israel, to safeguard critical water infrastructure. The technology monitors and detects changes in sensor and controller behavior, providing real-time threat detection and anomaly detection. This partnership aims to protect against cyber-attacks and ensure the operational continuity and resilience of Mekorots water management systems. The rollout will continue in 2024, covering thousands of water sites nationwide. The integration is seen as a crucial step in protecting vital national infrastructures and maintaining the daily life of citizens.
CustomersPartners
growth-positive
IXDen launches all-in-one software for failure predictions and cybersecurity - Automation Update
IXDen has developed an autonomous software that combines OT failure prediction and cybersecurity. The software analyzes data from sensors and industrial equipment to detect anomalies that indicate a cyberattack or OT failure. The companys solution provides real-time detection and monitoring of OT malfunctions and cyberattacks, allowing operations managers to validate the overall health and reliability of the OT system. IXDens software has been successfully installed at Mekorot, the national water company of Israel, and has predicted failures in advance, potentially saving millions of dollars. The company plans to expand its market to the US and Europe and has secured connections with various associations in the water industry.
CustomersPartners
growth-positive
Startup steps up to defend Israel's water network against Iranian cyberattackers - Sponsored Content The Times of Israel
Israeli national water carrier Mekorot has partnered with and invested in IXDen, a local startup that provides cybersecurity solutions for interconnected devices. IXDens technology uses machine learning and behavior patterns to detect deviations from normal or expected behavior, protecting against cyberattacks and malfunctions. The market for IoT cybersecurity is growing rapidly, and IXDen aims to address the increasing vulnerability of critical infrastructure networks. The software-based solution can be installed remotely and is applicable to various IoT devices. IXDen is currently focused on water and energy infrastructure networks, but its technology has broader applications across different industries.
Partners
growth-positive
Smart Water: How Mekorot handles increasing cyber threats
The article discusses how Mekorot, the Israeli national water company, is investing in the development of technologies and smart water management. Mekorot integrates various fields and has more than 80 years of experience in the water sector. The company is implementing digital solutions to save resources and energy, improve efficiency, and reduce costs. Mekorot has also launched a government program to increase development in the water sector and has invested in startups, including IXDen, a leading cyber company. IXDens algorithm helps protect Mekorots digital systems from cyber attacks. Mekorot is working with startups and other companies to develop multiple layers of defense against cyber threats. The company emphasizes the continuous improvement and adaptation of its cyber defense systems.
PartnersInvestment
| Sector | Cyber Security |
Funding
| Total funding | $7.5M |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 6 |
| Investors | 7 |
Team Members
1
Employees: 1-10
Web & Social Links
| Website | ixden.com/ |
Locations
11 Menachem Begin, Rogovin Tidhar Tower Ramat Gan, Israel
Houston, TX, USA
Photos & Videos
1 item(s)
IXDen Business
Business models
B2B, B2G
Product stage
Released
Employees
1-10
Sector
Cyber SecurityIndustrial SecurityIndustrial TechnologiesProcess Automation & Intelligence SystemsTarget Customer
Energy, Utilities & Waste ManagementUtilitiesWater UtilitiesElectricityGas UtilitiesIndustrial ManufacturingCore Technology
CommunicationsIOTPlatforms & InterfacesSoftwareTags (21)
monitoringoil-and-gas-companiesdata-protectioniotmachine-learningcritical-infastructuresmart-citysensorsbiometricsartificial-intelligenceauthenticationcyber-securityidentity-verificationelectric-utilitiesgas-utilitieswaterbehavior-analyticssmart-gridwater-utilitiescontrol-systemsindustry-4.0Geographic Markets
EuropeNorth AmericaIXDen Financials
$7.5M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
A
Funding stage
6
Total rounds
7
Investors
Cumulative Funding Raised Over Time ($)
—Feb 2020
$2.5MJan 2018
$2.5MJan 2019
$7.5MJun 2021
$7.5MMar 2024
Private Equity Funding
SAFE
Mar 2024
Undisclosed
OurCrowd
A Round
Jun 2021
$5M
HIVE 2040 (Lead)
,
OurCrowd
Undisclosed Round
Feb 2020
Undisclosed
INFRALAB
Seed
Jan 2019
Undisclosed
OurCrowd, SixThirty, F2 Venture Capital
Undisclosed Round
Jan 2018
$2.5M
Labs/02, Mekorot
Non-Equity Funding
GrantEvent
May 2024
Undisclosed
Google AI Startup Fund
IXDen Lifecycle
Cumulative Funding Raised Over Time
—Feb 2020
$2.5MJan 2018
$2.5MJan 2019
$7.5MJun 2021
$7.5MMar 2024
All Events
SAFE
Mar 2024
Undisclosed
OurCrowd
A Round
Jun 2021
$5M
HIVE 2040 (Lead)
,
OurCrowd
Undisclosed Round
Feb 2020
Undisclosed
INFRALAB
Seed
Jan 2019
Undisclosed
OurCrowd, SixThirty, F2 Venture Capital
Undisclosed Round
Jan 2018
$2.5M
Labs/02, Mekorot
GrantEvent
May 2024
Undisclosed
Google AI Startup Fund
IXDen News
7 articles
growth-positive
Pioneering AI for Infrastructure Security: IXDen has been selected for Google's AI Startup Program and awarded a Grant
IXDen, a global leader in cybersecurity and operational failure prediction, has been selected by Google for its prestigious AI Fund. This recognition highlights IXDens innovative AI platform that secures critical infrastructures from cyber threats and operational failures. The program provides IXDen with significant support, including access to Google resources, mentorship, and expertise in business development, strategy, and marketing. This partnership is expected to accelerate IXDens growth and enhance its technology. IXDens solutions are already deployed at a large scale in leading national infrastructure companies, providing real-time information on security threats and system health.
PartnersInvestment
growth-positive
IXDen, an Israeli start-up that has developed a patented AI platform for securing critical infrastructure from cyber-attacks, will accomplish implemented solutions in over 70 water sites across Israel
IXDen, a cybersecurity company, has integrated its AI-based software technology with Mekorot, the National Water Company of Israel, to safeguard critical water infrastructure. The technology monitors and detects changes in sensor and controller behavior, providing real-time threat detection and anomaly detection. This partnership aims to protect against cyber-attacks and ensure the operational continuity and resilience of Mekorots water management systems. The rollout will continue in 2024, covering thousands of water sites nationwide. The integration is seen as a crucial step in protecting vital national infrastructures and maintaining the daily life of citizens.
CustomersPartners
growth-positive
IXDen launches all-in-one software for failure predictions and cybersecurity - Automation Update
IXDen has developed an autonomous software that combines OT failure prediction and cybersecurity. The software analyzes data from sensors and industrial equipment to detect anomalies that indicate a cyberattack or OT failure. The companys solution provides real-time detection and monitoring of OT malfunctions and cyberattacks, allowing operations managers to validate the overall health and reliability of the OT system. IXDens software has been successfully installed at Mekorot, the national water company of Israel, and has predicted failures in advance, potentially saving millions of dollars. The company plans to expand its market to the US and Europe and has secured connections with various associations in the water industry.
CustomersPartners
growth-positive
Startup steps up to defend Israel's water network against Iranian cyberattackers - Sponsored Content The Times of Israel
Israeli national water carrier Mekorot has partnered with and invested in IXDen, a local startup that provides cybersecurity solutions for interconnected devices. IXDens technology uses machine learning and behavior patterns to detect deviations from normal or expected behavior, protecting against cyberattacks and malfunctions. The market for IoT cybersecurity is growing rapidly, and IXDen aims to address the increasing vulnerability of critical infrastructure networks. The software-based solution can be installed remotely and is applicable to various IoT devices. IXDen is currently focused on water and energy infrastructure networks, but its technology has broader applications across different industries.
Partners
growth-positive
Smart Water: How Mekorot handles increasing cyber threats
The article discusses how Mekorot, the Israeli national water company, is investing in the development of technologies and smart water management. Mekorot integrates various fields and has more than 80 years of experience in the water sector. The company is implementing digital solutions to save resources and energy, improve efficiency, and reduce costs. Mekorot has also launched a government program to increase development in the water sector and has invested in startups, including IXDen, a leading cyber company. IXDens algorithm helps protect Mekorots digital systems from cyber attacks. Mekorot is working with startups and other companies to develop multiple layers of defense against cyber threats. The company emphasizes the continuous improvement and adaptation of its cyber defense systems.
PartnersInvestment
growth-positive
Ensuring Trustworthiness of Industrial Devices
The article discusses the importance of monitoring the trustworthiness of industrial devices to mitigate risks and ensure proper operation. It highlights the challenges and limitations of existing monitoring methods and introduces IXDen, a company offering a new approach to assessing device trustworthiness. IXDen leverages its experience in detecting fraudulent transactions in financial institutions to develop a multifactor method for industrial device monitoring. The companys solution integrates various methods to detect physical or software problems, fake devices, and hijacked network communications. IXDens solution authenticates devices using typology, artificial intelligence, statistical analysis, and behavioral analysis methods. The article emphasizes the need for continuous trustworthiness monitoring and the shared interest of users and suppliers in understanding the trustworthiness of industrial devices.
CustomersPartners
growth-positive
IXDen Launches New IoT Security Protection Solution Following Data Breach on Billions of Smart Home Devices
IXDen has announced their new product IXDen Smart Homes which aims to protect IoT devices against cyberattacks, tampering, and data manipulation. The software utilizes behavioural biometrics and multifactor authentication driven by AI and ML. The announcement comes after a massive data breach of a smart home device platform, highlighting the need for improved security standards. IXDens solution aims to secure smart home devices and ensure the safety of customer data. By 2020, there will be an estimated 30 billion IoT devices in use. IXDen was founded in 2017 and is backed by OurCrowd, Motorola Solutions International, Reliance Industries, and others.
Customers
IXDen Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 6 |
| Team members | 1 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 14 classification IDs that could be used for matching.
IXDen Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 99/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515733848 |
| Crunchbase | ix-den |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2024-11-15T00:00:00.000Z |
| Created | 2017-04-26T00:00:00.000Z |
| Claimed | Yes |