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HomeInformation SecurityOnyxia Raises $5M to Assist Corporations Proactively Handle Cybersecurity Dangers Utilizing AI

Onyxia Raises $5M to Assist Corporations Proactively Handle Cybersecurity Dangers Utilizing AI


NEW YORK (PRWEB),
Sept. 29, 2022
Onyxia,
an AI-powered cybersecurity technique and efficiency platform offering
a centralized means for safety groups to observe and handle
cybersecurity efforts in actual time, has raised $5 million in seed
fundraising led by World Commerce Ventures (WTV) with participation by
Silvertech Ventures and angel buyers. Onyxia is setting a brand new
customary in cybersecurity by enabling enterprises and managed safety
service suppliers (MSSPs) to persistently have real-time perception into
their inside systemic and macro cybersecurity postures, proactively
highlighting methods to shut imminent safety gaps and threats. The
funding will probably be used to speed up automation growth, broaden
workers, and improve platform design.

From knowledge destruction to financial theft,
cybercrimes at this time take many alternative sizes and shapes. Globally,
organizations suffered a ransomware assault each 11 seconds in 2021. New
assaults on shoppers and companies are anticipated to happen each two seconds by 2031 and cybercrime is predicted to hit $10.5 trillion by 2025.

“CISOs work in an surroundings the place threats
and safety options change quickly. Too typically, legacy cybersecurity
software program fails to maintain up with an evolving panorama regardless of safety
groups spending $150 billion yearly (Gartner)
on consulting and handbook processes,” mentioned Charlie Federman, Companion at
SilverTech Ventures. “Onyxia is addressing a blind spot available in the market.
Its dynamic resolution is what each CISO wants as a way to keep an
correct image of their cybersecurity panorama and make
insight-driven selections.”

Leveraging AI, Onyxia’s platform retains tempo
with the ever-changing safety panorama whereas personalizing the
platform and remediation suggestions for every firm. And with
actionable insights, Onyxia empowers safety professionals to outline
their safety surroundings and spotlight one of the best options and
methods to shut weak gaps earlier than they emerge.

“​​Conventional cybersecurity programs are
reactive, burdening CISOs with handbook work. Consequently, many
vulnerabilities are ignored whereas pervasive cyber threats have gotten
extra advanced,” says Sivan Tehila,
CEO of Onyxia. “We constructed Onyxia to be a proactive resolution to
cybersecurity threats, geared toward preserving CISOs forward of the curve by
offering them with tailor-made insights based mostly on real-time knowledge, so
corporations correctly prioritize and are finest ready.”

Onyxia was based by Sivan Tehila, who served
as CISO of the Analysis and Evaluation Division and Head of Data
Safety for the Israeli Protection Power (IDF) previous to founding the
firm.

About Onyxia:

Onyxia is an AI-powered cybersecurity technique, administration, and
efficiency SaaS platform enabling enterprise safety professionals to
perceive their Cybersecurity posture in real-time. By leveraging
automation and scalability, Onyxia allows CISOs to achieve a holistic view
of their complete cybersecurity surroundings whereas highlighting one of the best
options and techniques to shut safety gaps. For extra info,
go to https://onyxia.io/.

About Silvertech Ventures:

Silvertech Ventures is a enterprise capital agency centered on serving to
entrepreneurs develop their corporations by respecting the position of the CEO,
serving to with our community and expertise, and most significantly, by being
there when wanted. Different safety investments by Silvertech Ventures
embody Semperis, Reveal Safety, and Firedome. Go to https://silvertechventures.com/ for extra info.

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