# Sternum

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

- Industry: IT Security/Cybersecurity
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.sternumiot.com
- Total disclosed funding: $34M
- Latest round: Series B (Sep 23, 2021)
- Investors on record: 4

## About

Founded in 2018 and based in Tel Aviv, Israel, Sternum Ltd. operates a monitoring and security software that detects threats and prevents attacks in real-time. The company has 20 staff as of September 2021 and was founded by its CEO Natali Tshuva, Arik Farber, Boaz Shedletsky, and Vice President of Research and Development Lian Granot. In September 2021, Sternum raised USD 27 million in Series B funding from Spark Capital, Square Peg, btov Partners, and Hinrich Foundation.

The company provides security software called Sternum, which has the ability to run under any operating system and uses EIV™ (embedded integrity verification) and ADS (analytics and detection system) to provide scalable endpoint security solutions for the Internet of things devices. Sternum provides security solutions in real runtime to its clients by integrating with their device's firmware to assess its vulnerability areas for detecting and preventing security breaches and cyberattacks. Sternum uses cloud-based analytics to offer real-time visibility and monitoring services for its clients to detect and manage those devices.

The company plans to use Series B funding raised in September 2021 for research and development, advance its scalable platform, grow its headcount by threefold to 60, and expects to register its growth of 300% by the end of 2022.

## Funding rounds

- Series B, Sep 23, 2021, $27M — Spark Capital, b2venture, Square Peg, Hinrich Foundation
- Series A, Sep 15, 2020, $6.5M — b2venture, Square Peg

## Investors

- b2venture (https://capitalatlas.ai/funds/b2venture) — Series A, Series B
- Square Peg (https://capitalatlas.ai/funds/square-peg) — Series A, Series B
- Spark Capital — Series B
- Hinrich Foundation — Series B