Tel Aviv-Based Railway Cybersecurity Startup Cylus Raises $4.7 Million in Seed Round
Investors include Tel Aviv-based venture capital firm Magma Venture Partners, the Israel branch of Vertex Ventures, Tokyo-based SBI Holdings and Israeli cybersecurity entrepreneur Zohar Zisapel
Tofi Stoler | 12:06 28.01.2018
Railway cybersecurity startup Cylus Cyber Security Ltd. raised $4.7 million in a seed round, the company announced Thursday. Investors include Tel Aviv-based venture capital firm Magma Venture Partners General Partner Ltd., the Israel branch of Vertex Venture Capital, Tokyo-based SBI Holdings Inc. and Israeli cybersecurity entrepreneur Zohar Zisapel.
For daily updates, subscribe to our newsletter by clicking here.Founded in 2017 and based in Tel Aviv, Cylus focuses on cybersecurity systems designed specifically for railways and metros, many of which use components and communication protocols that were not designed with cyber threats in mind.