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CyberX

Company

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CyberX - the supplier of the solution on cyber security for industrial Internet of Things (Internet on Things, IOT).

Owners:
Microsoft

Content

Owners

+ Nadella Satya (Satya Nadella)

CyberX Labs is the company of industrial cyber security servicing customers in the field of power, water supply systems, manufacturing enterprises, the companies of transport transportations and customers in the chemical industry. The company was founded in 2012.

The flagman offer of the company — the XSense platform providing a dashboard (dashbord) for management of warnings of security systems so customers can quickly manage the workflows. The platform allows to use functions of machine learning and modeling for detection of the attacks in real time and helps to reduce idle times.

History

2020: Microsoft purchased CyberX for $165 million

In May, 2020 it became known of sale of the Israeli startup of CyberX of Microsoft company for $165 million. This purchase will become for Microsoft eighth in Israel for the last 10 years. In local offices of software giant more than 1500 specialists are employed, about a half of them are busy with cyber security.

As reported on the website CyberX, the company proposes solutions for protection of industrial management systems and devices of Internet of Things from the targeted attacks, the malicious software, insider threats and threats proceeding from the third parties which can be, for example, partners of the organization.

Microsoft purchased the developer of solutions for cybersecurity protection of the industrial systems
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Today millions of uncontrollable devices of Internet of Things — such as wireless sensors, printers, routers, surveillance cameras, smart TVs and the construction equipment function — all of them open new holes in your enterprise. These devices cannot be protected by the technologies which are based on agents, says a startup.
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CyberX offers technology of protection without agents and also the patented technology of the behavioural analysis, only in the market, revealing anomalies in processes of interaction of devices of Internet of Things with each other.

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Effective cyber defense of industrial management systems and IoT cannot be limited by the sentry on an input. The multilevel strategy surrounding all assets, considering all possible vulnerabilities and types of threats is necessary. And is what we offer — note in CyberX.
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The solution CyberX is intended for the banking sector and the market of financial services, management systems for buildings, the chemical and pharmaceutical industries, power, health sector, the industry, the oil and gas industry, the mining industry, retail, the industry of transportations and the enterprises of water supply.

By May, 2020 2 of 5 largest American energy companies, 5 largest American chemical companies, 5 largest pharmaceutical companies in the world market, the state energy companies in Europe and the Pacific Rim and also 3 leading gas enterprises in Great Britain are among clients of CyberX.[1]

2016: Attraction of $9 million investments

In the summer of 2016 the Flint Capital venture fund invested $3 million in the Israeli startup of CyberX delivering solutions on cyber security for industrial Internet of Things (Internet on Things, IOT). Vedomosti was reported about it by the partner of fund Sergey Gribov. Except Flint Capital, CyberX received money from funds Glilot Capital, Swarth Group, GlenRock, the total amount of an investment round was $9 million, says Flint Capital. The money attracted with CyberX will go for opening of office to the USA, a set of a command of sales, marketing and developments.

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