Website Security Startup Source Defense Raises $10 Million
Israel-based Source Defense develops a service that automatically monitors and detects vulnerabilities on third-party applications used on websites
CTech | 14:00 26.09.2018
Israel-based website cybersecurity startup Source Defense Ltd. has completed a $10 million Series A funding round, the company announced Wednesday. Venture capital firms investing in the round include Palo Alto, California-based Allegis Capital LLC (AllegisCyber), Tokyo-based Global Brain Corp., Connecticut Innovations Inc., and existing investor Jerusalem Venture Partners (JVP).
Founded in 2014 and based in Rosh HaAyin, a town in central Israel, Source Defense develops cloud-based software for automatically monitoring and detecting vulnerabilities on third-party applications used on websites. The company intends to use the funding to boost marketing efforts.
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