Cyvitation, a Herzeliya, Israel-based cybersecurity company focusing on aircraft security, raised additional $4M in funding.
This funding is part of a larger round and is expected to enter Series A by H1 2024.
The company intends to use the funds to expand operations and its development efforts.
Led by Avi Tenenbaum, CEO, Cyviation is a cybersecurity company focusing on aircraft security by providing multiple layers of resilience ranging from fleet assessment and aircrew training to Aviation SIEM – aircraft cyber event management.
With remote assessment tools, the company’s continuous, non-intrusive fleet assessment capabilities evaluate and map aircraft vulnerabilities. The assessment process includes threat impact analysis, recommended mitigations, and cyber resiliency to bolster and safeguard passenger and crew safety from malicious attacks.
Cyviation recently announced they have reached the commercial stage of its SkyRay™ solution ahead of plan and is already engaged with multiple industry players, from commercial airlines to OEM, manufacturers, and regulatory agencies. One of the first companies to adopt Cyviation’s SkyRay solution is Polaris Aviation Solutions, a global aircraft management, charter, and project management company.
FinSMEs
04/10/2023