XS Matrix Security Solutions
Access Risk Management: Identity Threat Detection, SoD & Least Privilege Access Control, User Access Review. XS MATRIX is the developer of THEFENCE™.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 2.6x EV/Revenue | round | |
* | N/A | $500k | Seed |
| Total Funding | 000k | ||
| HUF | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 53 % | 327 % | 86 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (35 %) | (53 %) | (19 %) | 7 % | 9 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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XS Matrix Security Solutions is an IT security company that was founded in 2016 by Harold Teasdale and Tamás Mihály. The company has its headquarters in Miami, USA, and Budapest, Hungary, and has expanded its operations to Germany and Malaysia.
The founders have a background in IT security. One of them has over a decade of experience as a CISO in the financial sector, dealing with international banks. This experience has provided the company with a deep understanding of the security challenges faced by organizations. Tamás Mihály, another founder, has a background as a senior IT security consultant.
The company's main product is THEFENCE™, an AI-powered access risk management platform. This platform is designed to detect and prevent identity threats in real-time. It is a cross-platform software that monitors and audits user access, assigning risk scores to users and profiles. This allows organizations to prioritize and manage access rights more effectively. The business model is centered around selling this B2B software solution to clients who need to secure their IT systems.
Keywords: access risk management, identity threat detection, cybersecurity, IT security, access rights control, real-time monitoring, user access auditing, risk scoring, B2B software, AI-powered security