A $26 million Series A fundraising round was secured by LayerX Security, a Tel Aviv, Israel-based provider of security platforms.
Investors
- Glilot+ (led the round)
- Dell Technologies Capital
- LayerX board
- Yair Snir
- Managing Partner at Dell Technologies Capital
- Lior Litwak
The firm plans to utilize the money to grow both its worldwide market presence and operations.
Or Eshed, the CEO, and David Weisbrot, the CTO, founded LayerX in 2022. LayerX offers an Enterprise Browser Extension that works with any browser to transform it into a safe and controlled workplace without compromising the user experience.
Businesses utilize LayerX to safeguard identities, data, devices, and SaaS apps from risks associated with surfing and web-borne attacks that are outside the scope of endpoint and network solutions. These include phishing, account takeovers, malicious browser extensions, cloud SaaS, data leaks via the internet, SaaS apps, and GenAI tools, among others.
Without the need for agents, a VPN, or network changes, LayerX’s Enterprise Browser Extension works with all widely used browsers, including Chrome, Firefox, Edge, and others. Once implemented, the IT or information security team may monitor user behavior and prevent or restrict threats instantly, all without affecting the user experience.
“We’ve transformed workforce protection for organizations without requiring the transition to a dedicated secure browser. In contrast to alternative options, the LayerX Browser Extension can be installed in a matter of minutes and has no effect on surfing speed, privacy, or staff efficiency.”
CEO Or Eshed
About LayerX
LayerX pioneers a user-first browser security platform that is purpose-built to provide real-time high-resolution visibility and governance on user activities in all existing browsers, protecting enterprise data, applications and devices against browser-related risks. The ability to identify user’s browser actions at the highest level of granularity enables the platform to single out and mitigate only activities that introduce risk. In that manner, the security team can enforce secure usage with near-zero impact on the user experience.