Israeli Cyber Security Firm ThetaRay Raises $10M In Series B Funding

July 30, 2014 | Israeli cyber security company ThetaRay announced that it raised $10 million in a Series B funding round. Investors such as General Electric, Jerusalem Venture Partners and Poalim Capital Markets participated in the round. ThetaRay says that it will use the new funds to consolidate its operations in the United States and to expand its global presence. ThetaRay has developed a special analytical platform and threat detection solutions to protect infrastructure, financial institutions, and other industry sectors. “It is a very exciting time for ThetaRay, as the demand for its products and technology is rapidly increasing,” said ThetaRay CEO Mark Gazit.