Ionix (formerly Cyberpion) helps enterprises reduce their attack surface by giving them better visibility into their overall security posture and software supply chain across on-premises, cloud, and third-party platforms and services. We will assist you in this way. The company announced today that it has added $15 million to its previously announced $27 million Series A round.
The new funding comes from new investor Maor Investments, with participation from existing investors Hyperwise Ventures, Team8, and US Venture Partners (USVP). This brings the company's total funding to $50.3 million.
While supply chain attacks are becoming increasingly common, businesses rely on a growing number of third-party services and tools, all of which face the same issues. Ionix is committed to providing enterprises with a single platform to understand and manage their entire attack surface. The key insight here is that much of this attack surface lies outside the corporate firewall. Existing tools may work well at defending networks under a company's direct control, but they don't necessarily protect against threats beyond that.
Of course, attack surface management is not a new field, with both startups and incumbents like IBM and Mandiant offering competing services. Ionix claims its service provides a much broader perspective than many competitors. At the end of the day, at the core of all these tools is the ability to accurately map attack surfaces by taking inventory of the tools a company's employees are using (which IT and security teams always know). (Not that there are any.) Ionix claims that its customers are discovering 50% more assets than any other tool. Based on this information, services like Ionix can help IT and security teams prioritize exploitable risks and improve their security posture.
“Our mission is to provide the widest possible view of the attack surface from the outside in, as attackers do. We then focus on their critical exposures. and help them prioritize effectively,” said Mark Gaffan, CEO of Ionix. “The strong market acceptance we have experienced highlights both the important nature of this problem and the value our solution brings to our customers.”
Current Ionix customers include Lexmark, Warner Music Group, Infosys, and multinational power company E.ON.