A cybersecurity company called LayerX has secured $26 million in Series A funding led by Glilot+, the early-growth fund of Glilot Capital Partners, with support from Dell Technologies Capital and other investors. This recent round of funding brings the total investment in the company to $34 million.
Founded in 2022 by Or Eshed and David Weisbrot, who developed web attack and defense systems during their military service, LayerX offers an Enterprise Browser Extension that integrates with any browser to help enterprises secure their devices, identities, data, and SaaS apps from web-borne threats and browsing risks. The company employs 30 people, with most of them working in the R&D center in Israel.
The funding will be used for corporate growth, including talent acquisition and increasing global market presence. Lior Litwak from Glilot Capital and Yair Snir from Dell Technologies Capital will join the LayerX board.
Or Eshed, co-founder, and CEO of LayerX, emphasized that the company’s Browser Extension does not require a transition to a dedicated secure browser and can be installed quickly without impacting employee efficiency. The solution includes an AI engine that monitors browser code to generate insights related to user behavior.
