IONIX adds $15 million to Series A to expand threat exposure management platform
IONIX adds $15 million to Series A to expand threat exposure management platform
The Israeli startup’s platform allows security teams to visualize and prioritize hundreds of attack surface threats into a manageable set of specific, actionable insights
IONIX, which develops Attack Surface Management (ASM) solutions, announced on Tuesday that it has added $15 million to its Series A, taking it to a total of $42 million. Formerly Cyberpion, IONIX initially announced $27 million in Series A funding in March 2022. New investors Maor Investments took part in the extension, along with participation from existing investors Hyperwise Ventures, Team8 and U.S. Venture Partners (USVP). Total funding to date is $50.3 Million. In addition, cyber veteran Chad Kinzelberg will be joining IONIX’s Board of Directors.
IONIX said it will use the funds to accelerate go-to-market activities, development of its product roadmap and to expand the Threat Exposure Management capabilities of its Attack Surface Management solution.
“Security leaders at global companies recognize that more digital assets mean more security risks, and it’s impossible to fix everything,” said Marc Gaffan, CEO of IONIX. “Our mission is to give them the widest possible view of their attack surface looking from the outside in, like an attacker would. Then we focus on their critical exposures to help them effectively prioritize. The strong market uptake we have experienced underscores both the important nature of this problem and the value our solution brings to our customers.”
The IONIX platform allows security teams to visualize and prioritize hundreds of attack surface threats into a manageable set of specific, actionable insights.
