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Yaniv Avital | 4 hours 3 minutes ago
Startup and Venture Capital
Israeli startup Cyolo (Ciolo), which develops secure connectivity solutions for organizations, is unveiled today and announces a $ 4.2 million fundraising drive by the Flint Capital Fund and with participation from Global Founders Capital, Differential Ventures and private investors in cyber and communications. The product developed by Siolo allows secure access to enterprise systems, servers, files and workstations, across any network, organization or cloud, regardless of infrastructure.
Reduce risks in remote work
Siollo’s development is trying to reduce the scope of threats and information security risks (Attack surface) to the organization’s critical information assets and resources. This is especially important at a time like the one we are in right now, where work from anywhere is a common sight and corporate users, systems and computing resources are spread across multiple networks and platforms. Organizations need more secure and flexible connectivity to respond better and enable business continuity. The platform is based on user activity control and real-time risk analysis, while providing transparency and the ability to enforce access policies tailored to the changing needs of the organization and the latest level of risk. The administrator can quickly access any app or resource based on user identity, device identity, time, location and risk level.
Coral Corporation, Co-Founder and CEO says that Ceolou introduced a new concept of secure access, where anyone can consume services from anywhere without compromising corporate information assets: “We are excited to have the opportunity to realize our vision of allowing diverse users, secure access All the tools and data they need, whether they’re in the cloud or the corporate network, including closed networks. ”
Siolo was founded in 2019 by Almog Affirion, CEO of the company; Daddy Yarkoni, its vice president of technology; And Eran Shmuly, the company’s chief software architect.
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