Cyber Security Startup Hexadite Raises $8M

February 11, 2016 | Israeli cyber security startup Hexadite has raises $8 million in a Series A round of funding, led by Hewlett Packard Ventures, Ten Eleven Ventures, and YL Ventures, who also invested in Hexadite’s seed round. The company plans to use the funds to accelerate R&D in Israel, expand its marketing and sales operations worldwide, and continue to build momentum for its solution, which fully automates cyber security incident response. Founded in 2014 by CEO Eran Barak and CTO Idan Levin, Hexadite is protecting more than 500,000 devices in the financial services, retail, technology, insurance, manufacturing, telecommunications, life sciences, and healthcare industries.