Israel “learning” data security service ThetaRay gains of $10 million


from tel aviv to provide testing organizations ThetaRay abnormal data network security software company recently over $10 million in financing.

this round of participants including general electric company’s existing investors, prominent Venture Partners and Poalim Capital Markets, there are also some new financial and strategic investors. The company plans to use the funding to open offices in the United States.

the company’s clients include GE and Israel’s second-largest Bank Bank Hapoalim.

ThetaRay founded in 2012, is the company Amir Averbuch by professor at tel aviv university and Yale university professor Ronald Coifman gain inspiration from mathematical research.

the product based on web and based on the cloud, are based on advanced mathematical algorithm. The algorithm can automatically learning system of “normal” behavior, and network intrusion occurs in real time the markers of anomalies.

ThetaRay companies from many prominent Venture Partners in Jerusalem Venture incubation program. The company is now in Israel are involved in the citigroup global markets accelerated program, which makes it had some citigroup data resources.

ThetaRay CEO Mark Gazit said: “our information security products to help businesses through the analysis from organization inside all of the different data flow to identify unknown dangers.”

Gazit pointed out that “most of the IT system provided by electric power plants are” artistic creation “, 20 years ago, but no one would expect them to dock with the network.”

Source: