{"id":70892,"date":"2022-12-02T12:21:18","date_gmt":"2022-12-02T10:21:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70892"},"modified":"2025-09-08T04:50:52","modified_gmt":"2025-09-08T01:50:52","slug":"cybersecurity-focused-cyvers-raises-8-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cybersecurity-focused-cyvers-raises-8-million\/","title":{"rendered":"Cybersecurity-focused Cyvers raises $8 million"},"content":{"rendered":"<p>Cybersecurity-focused startup Cyvers raised $8 million in a seed round led by Elron Ventures. According to <a href=\"https:\/\/www.theblock.co\/post\/191068\/cyvers-raises-8-million-to-bring-security-solutions-to-web3-companies\">The Block<\/a>.<\/p>\n<p>Among other investors are Crescendo Venture Partners, Differential Ventures and HDI.<\/p>\n<p>Cyvers offers AI-powered security solutions. The startup&#8217;s clients include Bit2C, Solidus Capital and CoinMama.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Our analytical engine forecasts the evolution of attacks by autonomously analyzing attacker behaviour. They include smart-contract exploits, private key leaks, <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-flash-loans\">instant loans<\/a> and more,&#8221; explained Cyvers co-founder and chief technology officer Meir Dolev.<\/p>\n<\/blockquote>\n<p>The startup was founded in February 2022 and is based in Israel. The funds will be allocated to research and development, as well as marketing.<\/p>\n<p>In July, the cybersecurity-focused startup Halborn closed a Series A financing round <a href=\"https:\/\/u1f987.com\/en\/news\/cybersecurity-focused-halborn-raises-90-million\">in the amount of $90 million<\/a>. The lead investor was Summit Partners with the participation of Castle Island Ventures, Digital Currency Group and the Brevan Howard hedge fund.<\/p>\n<p>In November, losses from crypto project hacks <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-industry-loses-more-than-391-million-from-hacks-in-november\">totaled $391.6 million<\/a>, according to PeckShield. Most of the sum came from the <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">bankrupt<\/a> FTX <a href=\"https:\/\/u1f987.com\/en\/news\/unknown-actors-moved-more-than-400-million-from-ftx-wallets\">$340 million<\/a> and the hack of the hot wallet Deribit <a href=\"https:\/\/u1f987.com\/en\/news\/deribit-crypto-derivatives-exchange-hacked-for-28-million\">$28 million<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cybersecurity-focused startup Cyvers raised $8 million in a seed round led by Elron Ventures. According to The Block.<\/p>\n","protected":false},"author":1,"featured_media":70893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1111,1133],"class_list":["post-70892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybersecurity","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70892"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70892\/revisions"}],"predecessor-version":[{"id":70894,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70892\/revisions\/70894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70893"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}