Israel Cyber Firm CyberX Raises $18M In Series B Round

February 27, 2018 | Israeli cybersecurity company CyberX, which develops cyber security solutions for the Industrial IoT market, announced that it raised $18 million in a Series B funding round led by Norwest Venture Partners, bringing the total amount it was raised so far to $30 million. The company was founded in 2013 by CEO Omer Schneider and CTO Nir Giller, both veterans of the IDF’s elite Unit 8200, the elite cyber security unit. It intends to expand in the United States and Europe.