Hysolate

Company Overview

Snapshot

Founded in May 2016 by Dan Dinnar and Tal Zamir, Hysolate operated with 1-10 employees. The company raised $36 million across 3 funding rounds from 5 investors, with Planven Entrepreneur Ventures leading one of its rounds. Hysolate was acquired by Perception Point in March 2022.

Business overview

Hysolate developed a software platform that enables users to run multiple isolated operating systems on a single device, providing a unified user experience. Its core technology focuses on creating secure, virtualized environments that operate locally and separately, designed to protect sensitive corporate systems and data from advanced threats, including zero-day vulnerabilities. The platform is built for enterprise environments, integrating with existing tools and methods to serve industries requiring robust cybersecurity, endpoint security, and IT management solutions.

Strategic signal

In March 2022, Hysolate was acquired by Perception Point, a move that significantly expanded Perception Point's Prevention-as-a-Service portfolio to include web security. This acquisition indicates a strategic consolidation within the cybersecurity market, allowing Perception Point to offer comprehensive coverage across various threat vectors and positioning the combined entity as a more robust solution provider for content-based attacks.

Company Intelligence Q&A

What was Hysolate's exit event?

Hysolate was acquired by Perception Point in March 2022. This acquisition expanded Perception Point's Prevention-as-a-Service portfolio to include web security.

Which investors participated in Hysolate's September 2020 funding round?

In September 2020, Hysolate received funding from investors including Planven Entrepreneur Ventures.

What was a key strategic development for Hysolate in September 2020?

In September 2020, Hysolate launched the first Isolated Workspace-as-a-Service (IWaaS) solution, enabling enterprises to deploy local, OS-isolated environments on user endpoints managed from the cloud.

What significant hires did Hysolate make in November 2021?

In November 2021, Hysolate strengthened its managerial team with the appointment of Reut Meirson as VP HR, Lital Grossman as VP Marketing, and Sivan Dayan as Director of Finance.

What was the outcome of Hysolate's October 2018 funding round?

In October 2018, Hysolate completed an $18 million Series B funding round with participation from Bessemer Venture Partners.