Cyvera

About Cyvera

Founded in Tel Aviv, Israel, in 2011, Cyvera emerged as a specialized cyber-defense firm focusing on endpoint security. The company was established by co-founders Uri Alter, Moshe Ben Abu, and Netanel Davidi. Legal filings later indicated that while Alter and Davidi conceived the initial product idea, they approached Ben Abu, an expert in the field, to develop what would become the company's core technology.

Cyvera developed a distinct approach to cybersecurity by concentrating on blocking the limited number of techniques attackers use to exploit vulnerabilities, rather than trying to identify and counteract millions of individual malware instances. This strategy was embodied in its flagship product, the Targeted Remote Attack Prevention System (TRAPS). TRAPS functioned as a client-based platform that proactively set barriers and traps along potential attack paths to thwart exploitation before malware could execute. The system also featured a component called the 'Reflector,' an isolated environment that replicated the specific configuration of an attacked computer for deep analysis of foiled attacks, offering a more advanced capability than generic sandbox environments.

The firm catered to enterprises in sectors with critical infrastructure or sensitive data, including finance, energy, chemicals, legal, and high-tech industries. Its business model centered on providing these cyber defense solutions to protect Microsoft-based servers and endpoints. Cyvera's methodology proved effective, with the company claiming it had successfully stopped every published zero-day attack since its product was first deployed.

The company's performance and unique technology attracted significant investor interest, raising a total of $13 million over three funding rounds from investors such as Battery Ventures, Blumberg Capital, and Dell Technologies Capital. Its final funding round was a Series B in August 2013, which raised $11 million. This momentum culminated in its acquisition by Palo Alto Networks in a deal announced in March 2014 and completed in April 2014 for approximately $200 million. At the time of the acquisition, Cyvera had 55 employees and its technology was integrated into Palo Alto Networks' enterprise security platform to enhance endpoint protection.