What is BISEC's primary product?

BISEC developed CyBIRD, a next-generation cyber incident response platform designed for Security Operations Centers (SOCs).

What was a significant corporate event for BISEC?

BISEC was acquired by CyberProof in January 2018, leading to its inactive status.

What is the total funding raised by BISEC?

BISEC raised a total of $1M across two funding rounds. The first round was a Seed round in December 2015, followed by an A Round in January 2017.

BISEC

Cybersecurity Automation and Incident Response

Cyber Security

Acquired (Inactive) by CyberProof on Jan 2018 - closed due to acquisition

Company Overview

Snapshot

Founded in December 2015 by Eran Alshech and Yair Bar Touv, BISEC operated with 11–50 employees. The company raised $1M across two funding rounds and was acquired by CyberProof in January 2018.

Business overview

BISEC is a cybersecurity company that developed CyBIRD, a next-generation cyber incident response platform for Security Operations Centers (SOCs). This platform addresses the challenges faced by SOC operators, such as an excess of cyber tools and alerts and a shortage of skilled professionals, by enhancing productivity through collaboration, case operations, threat intelligence enrichment, IR BOT assistance, contextual playbooks, and automation. BISEC's product enables advanced SOCs for distributed enterprises, MSSPs, and critical infrastructure organizations, serving markets including enterprises, financial institutions, and oil and gas companies.

Strategic signal

BISEC's acquisition by UST Global in January 2018, as reported by Calcalistech, signals a strategic move by a larger entity to integrate advanced cybersecurity automation and incident response capabilities. This event highlights the increasing demand for sophisticated solutions to enhance SOC productivity and streamline security operations, indicating a market trend towards consolidation and the strategic importance of next-generation cyber defense platforms.

Company Intelligence Q&A

When was BISEC founded?: BISEC was founded in December 2015 by Eran Alshech and Yair Bar Touv.
What is BISEC's primary product?: BISEC developed CyBIRD, a next-generation cyber incident response platform designed for Security Operations Centers (SOCs).
What was a significant corporate event for BISEC?: BISEC was acquired by CyberProof in January 2018, leading to its inactive status.
What is the total funding raised by BISEC?: BISEC raised a total of $1M across two funding rounds. The first round was a Seed round in December 2015, followed by an A Round in January 2017.
What markets does BISEC serve?: BISEC's platform is designed for advanced SOCs in distributed enterprises, MSSPs, and critical infrastructure organizations, including financial institutions and oil and gas companies.

Name	BISEC
One-liner	Cybersecurity Automation and Incident Response
Type	Startup
Primary sector	Cyber Security
Founded	2015
Employees	11-50
Employees (exact)	31
HQ / location	Holon, Harokmim St 26, Holon, Israel, Center District
Product stage	Beta
LinkedIn	https://www.linkedin.com/company/10523006
Crunchbase	bisec
IL Registrar	515346534

Sectors	Cyber Security, Security Operations
Core technology	Platforms & Interfaces, Software
Target customers	Enterprise & Professional Services, Enterprises
Business models	B2G, B2B
Tags	cyber-security, threat-intelligence, web-platform, soc, critical-infastructure, incident-response, security-operations, collaboration, oil-and-gas-companies, orchestration, enterprises, financial-institutions, smb

Date	Round	Amount	Investors
Jan 2017	A Round	Undisclosed
Dec 2015	Seed	$1M

Date	Type	Amount	Detail
Jan 2018	exit	$5.8M
Jan 2018	exit	$5.8M

Name	Role	Founder
Eran Alshech	Founder & CEO	yes
Yair Bar Touv	Founder & Co-CEO	yes

BISEC