Together since 2007

Transforming money management to make financial markets accessible to all

Acquired since 2021

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Introducing Zero Trust mechanisms for a truly sale environment

Acquired since 1994

Introduced cyber security to the mass business market

Together since 2010

Harnessing the power of artificial vision to transform the lives of visually impaired

Together since 2020

Digital Learning Platform designed to optimize student engagement and learning outcome

Together since 2019

AI-driven end-to-end Fix & Flip platform

Together since 2021

First drone delivery service focused in the US suburbs.

Acquired by DG 2007

Global provider of digital advertising solutions that optimize the use of media, creative and data for enhanced performance.

Together since 2010

Leading investment house in Israel, managing over 77 Billion Dollars for private, business and institutional clients

Together since 2016

Developing and commercializing novel endovascular treatments for stroke

Together since 2012

Developing percutaneous implantable technologies for patients with chronic heart failure

Cyber security co TrapX raises $14m

Sales of the company's DeceptionGrid software tripled in 2015.

Cyber security startup TrapX Security has closed a $14 million Series B financing round. The company raised   $9 million of this amount last year led by investors Intel Capital and Liberty Israel Venture Fund together  with investors BRM Group and Opus Capital. It has now expanded this round with an additional $5 million  investment from Strategic Cyber Ventures.

In 2015, annual bookings tripled with growth fueled by broad-based demand for the company’s DeceptionGrid™

The company was founded by VP services and research Moshe Ben-Simon and CTO Yuval Malachi. Headquartered in San Mateo, California, the company’s development center is in Tel Aviv.

Strategic Cyber Ventures CEO Tom Kellermann said, “Cybersecurity technology has failed against the
stratagems employed by the elite cybercriminals of 2016. TrapX’s DeceptionGrid gives prominence to the
concept of intrusion suppression. Strategic Cyber Ventures has chosen to invest in TrapX due to the
preeminent cybersecurity architecture, which will buttress the defenses of corporate America against
cybercrime. The company’s momentum in healthcare especially has established TrapX as the leading supplier of deception technology to hospitals, skilled nursing facilities (SNFs), MRI/X-ray centers and large physician
organizations. We’re bullish on TrapX and expect they’ll quickly expand into additional vertical markets
including finance and critical infrastructure.”

To capitalize on the momentum, the company also announced today that it has appointed a new vice president
of marketing; vice president products and vice president, research and development. Anthony James, Ori Bach
and Doron Cohen together bring extensive relevant business experience to drive the company’s visibility,
sales and product portfolio.

TrapX CEO Greg Enriquez said, “Thanks to increased market awareness around deception as a game-changing
technology for protecting networks against zero days and advanced threats, enterprise adoption of TrapX’s
DeceptionGrid platform has steadily increased. Anthony, Ori and Doron bring deep technical, business and
customer insights to TrapX, enabling us to seize this growing market opportunity and more rapidly extend our  product line and fuel sales momentum into new and existing verticals.”

Published by Globes [online], Israel business news – – on April 19, 2016
© Copyright of Globes Publisher Itonut (1983) Ltd. 2016