Company: Morphisec<\/strong><\/p>\n\n\n\n The Challenge<\/strong>
Who is Morphisec?<\/strong>
Emerging out of Israel\u2019s national cyber security center, Morphisec is a leading developer of cyber security prevention and detection tools. Their patented Moving Target Defense Technology is a powerful, easy to use prevention solution that blocks and neutralizes zero-days, advanced attacks, evasive file-based and file-less malware, ransom ware, APTs and web-borne exploits before they can do any damage. It provides tremendous value for any company concerned with advanced attacks, evasive malware in their network, or a lack of protection due to delayed patching.
Led by CEO Ronen Yehoshua<\/strong>, the company was launched in 2014 out of Ben-Gurion University and the JVP Cyber Labs in Be’er Sheva, Israel.<\/p>\n\n\n\n
The Role of the Israel Innovation Authority<\/strong>
With financing and entrepreneurial guidance from the Israeli Innovation Authority\u2019s Incubator Incentive Program, Morphisec has secured $8.5 million to date, including $7 million in Series A funding led by key investors JVP (Jerusalem Venture Partners), GE Ventures (NYSE:GE), Deutsche Telekom (XETRA: DTE), Portage Advisors LLC. and OurCrowd.<\/p>\n\n\n\nSuccessful Innovation<\/h2>\n\n\n\n
Today, with millions of machines connected to Industrial Internet platforms, application security against targeted cyber attacks is more crucial than ever. However, even as cyber attacks constantly seek to exploit unpatched application vulnerabilities, the market is over-saturated with detection technologies with substandard detection rates. These security products typically combat attacks based on the same traditional approaches, even if their execution has become more sophisticated. Unfortunately, these approaches are usually one step behind cyber attacks, are difficult to manage, degrade performance and create false alarms. Hackers take full advantage of this, while companies can only sit and wait for the next attack.<\/p>\n\n\n\n