Cyvers

Company Overview

Snapshot

Founded in February 2022 by Deddy Lavid and Meir Dolev, Cyvers operates with 11–50 employees. The company has raised a total of $8 million across two funding rounds from seven investors. In December 2022, Cyvers secured funding, with Elron Ventures participating as a lead investor.

Business overview

Cyvers is an AI-based Web3 security company specializing in crypto security solutions. The company develops products designed for real-time cryptocurrency attack detection by leveraging geometric machine learning to analyze both off-chain and blockchain data. Cyvers serves the global market, operating within the Cyber Security sector and targeting financial services, particularly in virtual currencies, with B2B and B2C business models.

Strategic signal

In January 2023, Cyvers released a DeFi Threat Detection Report, highlighting its expertise and ongoing commitment to identifying and mitigating risks within the decentralized finance ecosystem. This report signals to investors the company's proactive approach to Web3 security and its capability to analyze emerging threats, reinforcing its position as a key player in safeguarding blockchain transactions.

Company Intelligence Q&A

When was Cyvers founded and by whom?

Cyvers was founded in February 2022 by Co-founder & CEO Deddy Lavid and Co-founder & CTO Meir Dolev.

What is Cyvers' primary focus in the market?

Cyvers focuses on proactive Web3 security, developing AI-based crypto security solutions for real-time cryptocurrency attack detection by analyzing off-chain and blockchain data.

What was a significant funding event for Cyvers?

In December 2022, Cyvers raised funding with Elron Ventures participating as a lead investor.

What report did Cyvers release in early 2023?

In January 2023, Cyvers released a DeFi Threat Detection Report, showcasing its capabilities in identifying threats within the decentralized finance space.

How many employees does Cyvers currently have?

Cyvers currently has 11–50 employees.