Israeli startup and information security specialist, Nyotron, believes they have the single solution for the full range of cyber security risks
Nyotron, an Israel based information security startup, announced the completion of a $2M round of funding. The round was led by Dr. Shmuel Harlap, chairman of Colmobil. This round follows a previous round led by Amos Malka and Co-Founder of Nyotron, Nir Geist, for $3M – bringing the company’s total investment to $5.5M.
Nyotron was founded in 2008 by brothers Nir and Ofer Geist, when the younger brother Nir, reinvented the idea of the ‘antivirus’. Nir quit school to partner with his brother and raise investment in order to develop his product and launch the first prototype of what they now call Paranoid.
Paranoid technology works at the core level of an operating system (kernel), and in real time. After installation, Paranoid becomes a part of the operating system and performs analysis based on core functionalities, even before the operating system itself performs them. Analyses are based on a new programming language developed by the company, which claims that this is the first dedicated language to conduct logical analysis of applicative behavior.
Nyotron explains that unlike other protection solutions on the market today – that are not able to distinguish between the actions performed by legitimate software and those performed by a virus – the Paranoid technology is able to analyze the behavior of the computer at every stage, thereby preventing malicious actions before they occur. Paranoid technology operates independent of the the need for user action or prior knowledge of the threat in question. According to Nyotron, this technology can deal with any threat, be it individuals protecting themselves against email viruses and social media based phishing attacks, to national infrastructure securing itself against foreign espionage and the consolidated efforts of global cyber terrorists.
Alongside the investment in question, the company has already begun cooperating with a number of economic and security based organizations in Israel, who are primary targets for such attacks and who (not surprisingly) requested their identities remain anonymous.