Claroty veterans launch Twine with $12M in Seed funding from Dell and Wiz founders to deploy AI cyber workers
Twine’s AI platform automates key security tasks, starting with identity management, to support overwhelmed teams.
Cybersecurity startup Twine, founded by former executives from Claroty, has raised $12 million in a Seed funding round co-led by Ten Eleven Ventures and Dell Technologies Capital. Notably, two of the co-founders of Wiz, Assaf Rappaport and Roy Reznik, also participated in the funding round, alongside other investors.
Full list of Israeli high-tech funding rounds in 2024
Twine was established in 2024 by Benny Porat (CEO), Nadav Erez (Technology), Omri Green (Go-To-Market) and Justin Woody (Marketing). The four were previously core team members at cyber unicorn Claroty, where Porat was co-founder and CTO. Additionally, Porat, Erez, and Green are graduates of Israel’s Intelligence Corps. The company operates from offices in Tel Aviv and Seattle, employing over 20 people across Israel and the United States.
In recent years, the cybersecurity sector has grown significantly to combat the increase in threats and attacks, driven by the adoption of cloud technologies, remote work, and AI tools. However, the industry is facing a severe talent deficit, with the World Economic Forum citing a shortage of nearly 4 million cybersecurity professionals. Furthermore, 78% of cybersecurity leaders acknowledge that their organizations lack the in-house skills needed to fully meet their cybersecurity objectives. This shortage heightens organizational exposure and forces CISOs to focus on firefighting instead of taking a proactive approach to risk management.
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Twine’s platform equips cybersecurity teams with digital employees who work alongside cyber teams to complete their security objectives. The company’s founders recognized Identity Access Management (IAM) as a key pain point for IT and cyber departments, who face the threat of malicious actors gaining access to their systems. Twine’s Alex, the first-of-many digital cybersecurity employees, is trained to understand and take care of identity management tasks from start to finish, and help organizations maximize their performance.
“Our vision is to create AI digital cybersecurity employees that can grasp each organization's unique needs, and allow end-to-end cyber execution, starting with identity management,” said CEO Benny Porat. “We believe that cybersecurity teams are looking for a solution that improves efficiency and strikes the right balance between human and machine collaboration.”
