FireDome

FireDome

Firedome secures IoT devices and prevent next cyber-catastrophe.

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DateInvestorsAmountRound
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€0.0

round
investor investor investor

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round

$8.3m

Valuation: $50.0m

Series B
Total Funding000k
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FireDome is a cybersecurity firm specializing in agent-based endpoint protection for Internet of Things (IoT) devices within enterprise networks. Founded in 2018 by Moti Shkolnik, Sharon Mirsky, and Orr Chen, the company operates with a dual headquarters in New York and Tel Aviv. The founding team brings extensive experience to the venture. Moti Shkolnik, the CEO, previously served for over 15 years in Israeli cyber intelligence, including heading an offensive cyber division. Sharon Mirsky, the COO, has a background in electronics engineering and over 15 years of experience in business and technical roles at both startups and Fortune 500 companies. Orr Chen serves as the Co-founder and CTO.

The company targets IoT device manufacturers and enterprise clients, addressing the security vulnerabilities inherent in the expanding IoT landscape. FireDome's business model involves providing its security solutions to be embedded in devices either during manufacturing or deployed 'over the air' to existing device fleets. This approach allows manufacturers to offer enhanced security as a feature, potentially creating new revenue streams, while protecting their brand from the damage of a cyber-attack. The company has secured a total of $14.5 million in funding over three rounds, including a $4.5 million seed round in February 2019 and a $10 million Series A round in October 2019, led by Two Sigma Ventures.

FireDome's core offering is an endpoint protection platform that provides prevention, detection, response, and forensics for IoT devices. The solution consists of a lightweight software agent installed on the device and a cloud-based AI engine that aggregates and analyzes data from device fleets to optimize threat detection. This platform is designed to protect against a range of cyber threats, including ransomware, malware, and denial-of-service attacks. A key feature is the 24/7 Security Operations Center (SOC) staffed by cybersecurity experts who monitor, research, and respond to threats. The system is built to handle the diversity of operating systems found in IoT devices, a significant challenge in this market sector. FireDome's technology integrates with existing Security Information and Event Management (SIEM) platforms, allowing enterprises to maintain a unified security posture.

Keywords: endpoint security, IoT security, cybersecurity, threat detection, network security, device protection, embedded security, Moti Shkolnik, enterprise IoT, security operations center, real-time protection, cyber-attack prevention, fleet management, threat intelligence, vulnerability management, firmware security, connected devices, supply chain security, insider threat, ransomware protection

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