September 17, 2024 at 09:15AM
Element Security, an Israeli startup founded in 2021 by Daniel Lublin and Omer Cohen, has raised $5 million in funding. The company has launched a cloud-based Continuous Threat Exposure Management (CTEM) platform and attracted global companies in finance, aviation, and automotive sectors. Element’s platform aims to identify and mitigate risks proactively, with a focus on risk prioritization and actionable remediation instructions. The funding was provided by Q Fund VC and angel investors Eddy Shalev, Danny Yamin, and Kobi Rosengarten.
From the meeting notes, the key takeaways are:
1. Element Security is an Israeli startup that recently emerged from stealth mode with $5 million in funding and offers an advanced Continuous Threat Exposure Management (CTEM) solution.
2. The company was founded in 2021 by Daniel Lublin and Omer Cohen, who will serve as the CEO and COO, respectively.
3. Element Security launched its cloud-based CTEM platform in early 2023 and has already been adopted by global companies in the finance, aviation, and automotive sectors.
4. The CTEM platform is designed to proactively identify and mitigate risks by continuously discovering and mapping assets, feeding identified assets into a proprietary exploit engine, risk prioritization, actionable remediation instructions, and credential exposure identification.
5. The company received funding from Q Fund VC and angel investors Eddy Shalev, Danny Yamin, and Kobi Rosengarten.
6. Daniel Lublin emphasized the need for proactive defense of external attack surfaces and highlighted the platform’s shift from reactivity to prevention, utilizing advanced attack methodologies and automation for continuous scanning.
These are the key points extracted from the provided meeting notes.