Israeli Cyber Security Startup SECDO Raises $10 Million

December 8, 2016

Israeli cyber security startup SECDO has raised $10 million in Series A financing round. The investment was led by RDC, a subsidiary of Elron Electronic Industries and Rafael Advanced Defense Systems, Check Point Software Technologies cofounder and chairman Marius Nacht, and the founders of Anobit, which was acquired by Apple.

Secdo developed a platform to provide global businesses solutions to quickly sort through thousands of potential cyber attacks alerts that they receive each day, cutting response time to minutes.

The funding will be used to expand US sales operations, customer support, and its R&D center.

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