Ionix, formerly known as Cyberpion, has announced the addition of $15 million to its previously raised $27 million Series A funding round. This new investment, led by Maor Investments, along with participation from existing investors Hyperwise Ventures, Team8, and U.S. Venture Partners (USVP), brings the total funding raised by Ionix to $50.3 million.
The platform offered by Ionix aims to assist enterprises in reducing their attack surface by providing comprehensive visibility into their security posture and software supply chain. It operates across various environments, including on-premises, cloud, and third-party platforms and services.
In today’s digital landscape, supply chain attacks have become increasingly prevalent. Enterprises often rely on a multitude of third-party services and tools, which introduces vulnerabilities that adversaries can exploit. Ionix addresses this challenge by offering a centralized platform for organizations to understand and manage their entire attack surface.
One key distinction of Ionix’s service is its ability to provide insights into the attack surface beyond a company’s firewall. While traditional security tools focus on defending the network directly under a company’s control, Ionix offers visibility into threats that extend beyond these boundaries.
Although attack surface management is not a new concept, Ionix positions itself as a leader in the space by offering a broader perspective than many of its competitors. By precisely mapping the attack surface and identifying assets that may not be known to IT and security teams, Ionix enables organizations to prioritize exploitable risks effectively.
Marc Gaffan, CEO of Ionix, emphasized the company’s mission to provide customers with a comprehensive view of their attack surface, similar to how an attacker would perceive it. By focusing on critical exposures, Ionix helps organizations enhance their security posture and mitigate potential threats.
Ionix has already gained traction in the market, with notable customers such as Lexmark, Warner Music Group, Infosys, and multinational electric utility E.ON. The strong market uptake underscores the significance of the problem that Ionix addresses and the value it brings to its customers.
As cyber threats continue to evolve, Ionix remains committed to empowering organizations with the tools and insights needed to safeguard their digital assets effectively. With the additional funding secured, Ionix is well-positioned to further enhance its platform and support its customers in navigating the complex cybersecurity landscape.