IXDen
AI Platform for OT Failures Prediction & Cybersecurity
Startup A Cyber Security Est. 2017
Total Raised
$7.5M
A
Last Round
Undisclosed
6 rounds
Investors
7
7 public
Team
1
1-10 employees
Confidence
99/100
News
7
articles
Patents
1
About
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.
Classification
Sector
Cyber SecurityIndustrial SecurityIndustrial TechnologiesProcess Automation & Intelligence Systems
Core Technology
CommunicationsIOTPlatforms & InterfacesSoftware
Target Customer
Energy, Utilities & Waste ManagementUtilitiesWater UtilitiesElectricityGas UtilitiesIndustrial Manufacturing
Business Model
B2BB2G
Tags
monitoringoil-and-gas-companiesdata-protectioniotmachine-learningcritical-infastructuresmart-citysensorsbiometricsartificial-intelligenceauthenticationcyber-securityidentity-verificationelectric-utilitiesgas-utilitieswaterbehavior-analyticssmart-gridwater-utilitiescontrol-systemsindustry-4.0
Funding & Events
May 2024
Non-equity Undisclosed
Google AI Startup Fund
Mar 2024
SAFE Undisclosed
OurCrowd
Jun 2021
A Round $5M
HIVE 2040 (Lead), OurCrowd
Jan 2019
Seed Undisclosed
OurCrowd, SixThirty, F2 Venture Capital
Jan 2018
Undisclosed Round $2.5M
Labs/02, Mekorot
Feb 2020
Undisclosed Round Undisclosed
INFRALAB
News (7)
Jul 8, 2024 · finance.yahoo.com
growth-positive
Pioneering AI for Infrastructure Security: IXDen has been selected for Google's AI Startup Program and awarded a Grant
PartnersInvestment
Dec 5, 2023 · finance.yahoo.com
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
CustomersPartners
Mar 16, 2022 · automation-update.co.uk
growth-positive
IXDen launches all-in-one software for failure predictions and cybersecurity - Automation Update
CustomersPartners
Jun 21, 2021 · www.timesofisrael.com
growth-positive
Startup steps up to defend Israel's water network against Iranian cyberattackers - Sponsored Content The Times of Israel
Partners
Jun 9, 2020 · www.ynetnews.com
growth-positive
Smart Water: How Mekorot handles increasing cyber threats
PartnersInvestment
Jan 16, 2020 · www.arcweb.com
growth-positive
Ensuring Trustworthiness of Industrial Devices
CustomersPartners
Jul 18, 2019 · www.prnewswire.com
growth-positive
IXDen Launches New IoT Security Protection Solution Following Data Breach on Billions of Smart Home Devices
Customers
Details
Product Stage
Released
Employees
1-10
Exact Count
6
District
Center District
Founded
2017
Registrar
515733848
Crunchbase
ix-den
Locations
11 Menachem Begin, Rogovin Tidhar Tower Ramat Gan, Israel
Houston, TX, USA
Links
Website
LinkedIn
Facebook
Admin
Last Update
Nov 15, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (1)
Zion Harel
Co-Founder & Co-CEO
Founder