The startup CardinalOps claims that no matter how many cyber solutions you have purchased for your organization, you most likely are not really using them properly – and he wants to fix it
Photo: CardinalOps
Michael Momchoglo and Yair Manor are serial entrepreneurs who have already sold – each separately – a startup. Today (Thursday) they unveil their new startup, CardinalOps, with a $ 17.5 million round of funding. The round was led by Viola Ventures and also featured Battery Ventures, Glilot Capital, Symbol and other angels. The company’s total funding stands at $ 24 million.
You have many dozens of cyber tools, but they are not really implemented properly
CardinalOps claims that nowadays every organization has dozens of different security and cyber tools, but the way you implement them in the field and maintain them, leads to the fact that they are not really protecting you properly. The company has developed a system that connects to the various security products in the organization through the API, collects data on how the tools function – what comes in, what comes out, settings and rules – identifies gaps and provides preferred recommendations according to threats and organizational infrastructure. And so that you do not have to deal with it too much, she also knows how to apply these corrections automatically, so that you are ready for the next attack.
Those behind CardinalOps, who founded the company in 2020, are Michael Momchoglo (CEO) who sold his Lightcyber in 2017 to Palo Alto Networks for $ 105 million, and Yair Manor (CTO), who sold his Netonomy in 2018 to -Allot. The two were joined in the role of CMO by Phil Narey, who was a CMO in the IoT and Industrial Cyber department at Microsoft before.
The company claims that they hold clients in the fields of industrial production, finance, hospitality, media, transportation, law – including a Fortune 50 retail corporation, operator of a large cable company and more. The company employs about 20 people in the research and development center in Israel, and a number of other workers, mainly in the United States.
“With the help of investors, CardinalOps is entering a new phase of accelerated growth in order to realize our vision: to introduce artificial intelligence technologies into the core functions of information security engineering, which directly affect the organization’s security coverage efficiency. In the field of optimizing cyber-threat coverage for security tools that are widely used but often inefficiently utilized, “says Momchoglo, referring to recruitment.
A good old age
Born with a joystick in hand. He has far too many gadgets and far too little free time to play with them all. An unexplained hammer holder for calibrating device batteries. When he’s not busy writing about technology, he likes to talk about it, and a lot
