Cloud Security Startup Rezilion Emerges From Stealth With $8 Million

Cloud security startup Rezilion Ltd. emerged from stealth Tuesday, announcing it had raised an $8 million seed round. The round was led by Jerusalem-based venture capital firm Jerusalem Venture Partners (JVP) with participation from venture firms Kindred Capital, LocalGlobe, and Samsung NEXT, a venture investment arm of Samsung.

Rezilion was founded in 2018 by entrepreneurs Liran Tancman and Shlomi Boutnaru, whose first company, CyActive, was acquired by PayPal in 2015 in a deal valued at $60 million. The company develops a cloud workload protection service that integrates with existing DevOps and IT automation workflows and identifies unused vulnerable code in production, allowing DevOps teams to easily remove it.

The company intends to use the funds to increase its Israeli research and development team and its U.S. sales team.