# Seculert

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/seculert

- Industry: IT Security/Cybersecurity
- Headquarters: Petah Tikva, Israel
- Website: www.seculert.com
- Total disclosed funding: $10M
- Latest round: Series B (Jul 8, 2013)
- Investors on record: 3

## About

Seculert Ltd. is a cybersecurity firm that specializes in advanced threat detection and response solutions, utilizing machine learning to enhance organizational security against cyber threats.Founded in 2010, Seculert Ltd. operates from Petah Tikva, Israel, focusing on providing cybersecurity services. The company has received funding through its Series B round in January 2017, raising a total of USD 10.00 mn, led by Sequoia Capital, with participation from Norwest Venture Partners. Seculert has been involved in 4 deals, with the most recent deal occurring on January 31, 2017, when it was acquired by Radware for an undisclosed amount.Seculert specializes in advanced cybersecurity solutions designed to protect organizations from evolving cyber threats. Their core offerings include cloud-based threat detection and response services that leverage machine learning algorithms to identify and neutralize potential risks in real-time. The company targets a diverse client base, including enterprises in sectors such as finance, healthcare, and technology, ensuring that their products cater to the specific security needs of various industries. Seculert's solutions are designed for deployment in multiple geographical markets, including North America, Europe, and Asia, addressing the global demand for robust cybersecurity measures. By providing state-of-the-art security tools, Seculert aims to enhance organizational resilience against cyberattacks, ultimately safeguarding sensitive data and maintaining compliance with industry regulations.Seculert generates revenue primarily through subscription-based services, providing customers with ongoing access to its cybersecurity platforms. Transactions are structured around tiered pricing plans that offer varying levels of service and support based on client needs, enabling businesses to select packages that align with their cybersecurity requirements. Typical transactions involve enterprises subscribing to Seculert’s flagship threat detection services, which include continuous monitoring and incident response capabilities. The pricing structure reflects the comprehensive nature of these services, ensuring clients receive the necessary protection against today's sophisticated cyber threats. Seculert’s revenue model emphasizes long-term client relationships, fostering an environment where ongoing service and support are prioritized.Seculert is focused on expanding its product offerings and geographic reach. The company is developing new cybersecurity products aimed at enhancing threat detection capabilities, with planned launches in the upcoming quarters. Additionally, it intends to pursue expansion into new markets, particularly in Asia and Europe, by the end of 2023. The funds from the Series B round will be allocated to support these product developments and market expansion strategies.

## Funding rounds

- Series B, Jul 8, 2013, $10M — Hong Shan, Norwest Venture Partners
- Series A, Oct 7, 2010 — YL Ventures

## Investors

- YL Ventures (https://capitalatlas.ai/funds/yl-ventures) — Series A
- Hong Shan — Series B
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series B