LightCyber detects Access for $20m round

Jun 23, 2016 • Robert Lavine

Access Industries' Israel-based subsidiary co-led cyberthreat detection software provider LightCyber's latest round, taking its overall funding to more than $31m.

Israel-based cybersecurity technology producer LightCyber closed a $20m financing round yesterday that was co-led by US-headquartered conglomerate Access Industries through its Israeli subsidiary, ClalTech.

ClalTech co-led the round with cybersecurity entrepreneur Shlomo Kramer, with participation from venture capital firms Battery Ventures and Amplify Partners, and IT security-focused VC fund Glilot Capital Partners.

Founded in 2012, LightCyber provides behavioural attack detection software that incorporates user, network and endpoint context in order to locate and track cyberattacks that have evaded detection from…

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