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LayerX Raises $7.5M Seed Funding to Tackle Secure Web Browsing

LayerX Raises $7.5M Seed Funding to Tackle Secure Web Browsing

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LayerX Raises $7.5M Seed Funding to Sort out Safe Net Looking

By Ryan Naraine on October 03, 2022

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Israeli startup LayerX has joined the checklist of corporations scoring investor curiosity within the tough enterprise browser market.

LayerX, based mostly in Tel Aviv, got here out of the shadows Monday with $7.5 million in seed funding and bold plans to construct expertise to show any net browser right into a protected and manageable workspace.

The early-stage funding spherical was led by Glilot Capital Companions, alongside Int3, FinSec Innovation Lab by Mastercard, Enel X, GuideStar, and Kmehin ventures.

Regardless of creeping doubts about product class and measurement of the market, LayerX joins a number of startups that lately banked huge funding rounds (some at ‘unicorn’ valuations) to work on enterprise browser merchandise.

Competing corporations embrace Talon Cyber Safety, a startup that raised $143 million to construct a security-themed enterprise browser based mostly on Chromium; Island, a Texas firm that secured $225 million in enterprise capital funding to work on enterprise looking software program; and Pink Entry, an Israeli agency promising expertise “to safe each net session throughout any browser, app and system” for company prospects.

[ READ: Secure Enterprise Browser Startup Talon Raises $100 Million ]

LayerX is positioning itself as a direct various to rivals Talon and Island with a platform that protects your entire browser ecosystem with out requiring your customers to shift, wholly or partially, to a brand new browser.

“LayerX’s platform mitigates the identical browser safety dangers as Talon and Island, whereas being extra targeted on the looking course of itself and sustaining all the safety and productiveness benefits industrial browsers present,” the corporate mentioned. 

“The enterprise browser introduces inevitable blind spots, stemming from the side-by-side deployment of the enterprise browser and the industrial one. With LayerX these gaps don’t exist within the first place since there is just one browser to watch and management, offering airtight safety protection to any looking exercise customers carry out,” LayerX mentioned. 

LayerX says its strategy is right for companies as a result of it really works in tandem with all commercially out there browsers, enabling workforces to keep up current looking preferences whereas giving safety directors instruments to tweak the browser right into a safe, customizable workspace.

Associated: Safe Enterprise Browser Startup Talon Raises $100 Million

Associated: Enterprise Browser Startup Island Snags Large Funding Spherical

Associated: Pink Entry Raises $6 Million for Safe Looking Tech

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