Cybersecurity Startup ReSec Raises $2 Million

Israel-based cybersecurity startup Re-Sec Technologies Ltd. raised $2 million, the company announced Sunday. The round was led by Jerusalem-based PICO Venture Partners and Tel Aviv-based Founders Group. Silicon Valley-based Plug and Play Ventures also participated in the round.

Founded in 2012, ReSec develops cyber protection against malware penetration of networks and data centers. Among the company's consultants is the former head of the Mossad Tamir Pardo. The company employs 16 people.

This article has been updated. In a previous version Tamir Pardo's name was spelled incorrectly.