Reposify ended the initial round of funding with $ 8.5 million

by time news

Reposify, a leading company in the cyber field that provides a platform for managing and protecting external attack surfaces (External Attack Surface Management), announced today (Tuesday) that it has raised $ 8.5 million. The initial round of funding was led by two American funds, Joule Ventures and First Rays Venture Partners, along with private angels specializing in cyber.

The Reposify platform enables security teams to monitor, prioritize and manage all digital assets exposed to the Internet and potentially linked to intranet networks; The digital assets identified by the platform are scattered throughout the cloud, in subsidiary systems and even in third-party vendor systems. Reposify was announced this year by Gartner as a leading solution and was even included in the 2021 Emerging Vendors list in the field of outdoor attack surface management (EASM).

The demand for monitoring and tracking digital assets exposed to the Internet and their associated vulnerabilities has increased dramatically due to the growth in the use of SaaS software, applications and cloud services. In addition, in recent years the lines of separation between work and home have been blurring and even more so since the outbreak of the corona plague which has brought many workers around the world to take work with them home. The corporate network has become more vulnerable and has many vulnerabilities that are unknown to security teams. Reposify has developed an algorithm that detects digital assets exposed to the Internet and automatically associates them with the organization to which they belong, in real time.

Yaron Tal and Uzi Krieger Photo: Reposify

Hilik Kotler, head of information security at the American company SoFi, a senior consultant for the company, said that “Reposify’s solution allows DevOps teams to work freely without compromising the organization’s security system. At the same time, the solution allows cyber security teams in that organization to identify Exposed to the Internet. ” Kotler added that, “Now, information security teams can avoid losing control of digital assets while the product continues to evolve and technology is interpreted, with the help of an additional layer of protection that allows full control of the enterprise infrastructure.”

The Reposify platform launches instantly and quickly without the need for special installation. “Reposify’s technology revolutionizes cloud information security management. It’s the fastest solution for prioritizing and understanding which vulnerabilities security teams need to focus on to ensure they do not miss critical vulnerabilities,” said Amit Sridharne, founder and partner at First Rays Venture Partners.

Reposify’s platform enables security teams in any organization to deal with vulnerabilities and exposures using an algorithm that maps the Internet 7/24. The mapping includes identifying assets belonging to the corporate internal network, and enables these teams to reduce the amount of alerts and congestion on a daily basis, thus ensuring maximum efficiency in protecting the entire corporate network.

Over the past year, alongside the company’s business expansion, the Reposify team has tripled. “These are exciting times, as Reposify is playing a leading role in shaping companies moving faster with reduced challenges while securing their Internet-facing assets.” Krieger said, adding that “this is the essence of security as enabling business activity.”

The recruitment will allow the company to expand its R&D team, meet the growing needs of its customers and deepen its operations in the US market. Daphne Winokur Byrne, partner at Joule Ventures, said, “Reposify has a unique combination of mature technology, experienced leadership , And a real solution to an acute need that only grows with time. “

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