Tuesday, February 2, 2016

Chinese fund GOEC to participate in Israeli cyber startup Kaymera $10mm investment round

Israeli cyber security startup Kaymera has raised $10 million in a round led by a Hong Kong / China venture fund GOEC with additional participation from Israeli angel investors Eddy Shalev and Yariv Gilat.

Using the newly raised capital, the company is expected to hire 10 new employees at their office in Herzliya as well as opening offices abroad.

Founded in 2013 and led by Co-Founder and CEO Avi Rosen, Kaymera has developed a mobile cyber defense system to provide enterprises with a multi-stacked approach that includes hardware enforced endpoint protection, encrypted data and behaviour analytics to monitor and mitigate mobile threats.

Kaymera’s flagship product is a secure operating system called Kaymera 360°, which is available for the Samsung Galaxy, LG, Nexus, HTC and OnePlus One. It touts a three-tiered defense that blocks malware penetration, overlays a sophisticated resource permission process based on each app’s risk assessment, and a third layer that analyzes app misbehavior and deploys countermeasures.

The company was co-founded by CEO Avi Rosen, Shalev Hulio, and Omri Lavie in 2014. Hulio and Lavie’s previous venture, NSO, also received angel support from Eddy Shalev.

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