IXDen

AI Platform for OT Failures Prediction & Cybersecurity

Startup

IXDen is a Ramat Gan-based startup in the Cyber Security sector, established in 2017. AI Platform for OT Failures Prediction & Cybersecurity. The company has raised a total of $7.5M across 6 funding rounds, currently at the A stage. IXDen was founded by Zion Harel. Key investors include OurCrowd, HIVE 2040, INFRALAB, among 7 total investors. The company has 1-10 employees. Core technologies: Communications, IOT, Platforms & Interfaces, Software.

With $7.5M in total funding, IXDen is a A-stage company operating in Cyber Security. The company follows a B2B/B2G business model. Product stage: Released. The company holds 1 patent.

$7.5M
Raised
6
Rounds
7
Investors
1
Team
2017
Founded
1
Patents
Sector & Technology
Cyber SecurityIndustrial SecurityIndustrial TechnologiesProcess Automation & Intelligence SystemsCommunicationsIOTPlatforms & InterfacesSoftware
At a Glance
Investors

7 investors total

Founders
In the News

7 articles covered by sources including finance.yahoo.com, automation-update.co.uk, www.timesofisrael.com, www.ynetnews.com, www.arcweb.com.

finance.yahoo.com · Jul 8, 2024
Pioneering AI for Infrastructure Security: IXDen has been selected for Google's AI Startup Program and awarded a Grant
Read article ↗
Frequently Asked Questions
What does IXDen do?

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.

How much funding has IXDen raised?

IXDen has raised $7.5M in total funding across 6 rounds. The company is currently at the A stage. Key investors include OurCrowd, HIVE 2040, INFRALAB.

Who founded IXDen?

IXDen was founded in 2017 by Zion Harel (Co-Founder & Co-CEO).

What sector is IXDen in?

IXDen operates in Cyber Security, Industrial Security, Industrial Technologies, Process Automation & Intelligence Systems, with core technologies in Communications, IOT, Platforms & Interfaces, Software. Target customers: Energy, Utilities & Waste Management, Utilities, Water Utilities, Electricity, Gas Utilities, Industrial Manufacturing.

Where is IXDen located?

IXDen is based in 11 Menachem Begin, Rogovin Tidhar Tower Ramat Gan, Israel, Center District. The company also has offices abroad.

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