CyberX
IIoT and ICS Cyber-security Platform
Company Overview
Snapshot
Founded in December 2012 by Omer Schneider and Nir Giller, CyberX operated with 11–50 employees. The company secured funding across 5 rounds from 11 investors, culminating in its acquisition by Microsoft in June 2020.
Business overview
CyberX developed an industrial cybersecurity platform designed to reduce risk and prevent outages, safety failures, and environmental incidents in industrial control systems (ICS) and Industrial IoT (IIoT) environments. Its core technology provided automated asset discovery, vulnerability identification, and continuous monitoring for malware and targeted attacks within industrial networks. The platform integrated with existing security operations center workflows for unified IT/OT security governance, serving markets such as energy providers, chemical companies, pharmaceutical firms, and national electric and gas utilities globally. CyberX operated within the Cyber Security sector, specifically focusing on Industrial Security and Network & Infrastructure Security.
Strategic signal
In June 2020, Microsoft confirmed its acquisition of CyberX, a strategic move that integrated CyberX's IIoT and ICS cybersecurity capabilities into Microsoft's broader security offerings. This acquisition signaled Microsoft's intent to strengthen its position in the operational technology (OT) security market and provided CyberX with significant resources and market reach, although it also led to workforce adjustments.
Log in to access full profile ›Company Intelligence Q&A
- What was the most significant corporate event for CyberX?
- CyberX was acquired by Microsoft in June 2020. This acquisition integrated CyberX's industrial cybersecurity platform into Microsoft's portfolio.
- When did CyberX announce an integration with Microsoft Azure Security Center?
- In February 2020, CyberX announced its integration with Microsoft Azure Security Center for IoT and joined the Microsoft Intelligent Security Association, preceding its acquisition by Microsoft.
- Did CyberX experience any workforce changes after its acquisition?
- In June 2020, following its acquisition by Microsoft, CyberX announced plans to lay off dozens of employees as part of the integration process.
- When did CyberX launch its XCELERATE Partner Program?
- In December 2019, CyberX launched its XCELERATE Partner Program, aimed at addressing the rapidly growing IoT/ICS cybersecurity market through channel partnerships.
- What was CyberX's last disclosed funding round prior to acquisition?
- Investors in this round included OurCrowd and Glilot Capital Partners.