Ionix (formerly Cyberpion) helps enterprises reduce their attack surface by giving them a better view of their overall security posture and software supply chain across on-premises, cloud and third-party platforms and services. The company today announced 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 U.S. Venture Partners (USVP). This now brings the company’s total funding to $50.3 million.
Supply chain attacks have become increasingly common, all while enterprises rely on an ever-growing number of third-party services and tools — all of which struggle with the same problem themselves. Ionix promises that its service provides businesses with a single platform to understand and manage their overall attack surface. The key insight here is that a lot of this attack surface lies beyond a company’s firewall. While existing tools may work well to defend the network that is directly under a company’s control, they don’t necessarily help defend against threats beyond that.