LightCyber

Company Overview

Snapshot

Founded in September 2011 by Michael Mumcuoglu and Giora Engel, LightCyber operated with 51–200 employees. The company raised $32 million across 3 funding rounds from 7 investors before being acquired by Palo Alto Networks in March 2017.

Business overview

LightCyber developed a solution for identifying threats within corporate networks early in the attack lifecycle, aiming to facilitate prompt breach remediation and prevent damage from malware or hackers. Its core product, LightCyber Magna, profiled internal network traffic to distinguish between legitimate and malicious users, detecting suspicious behavior. The solution then tracked traffic back to the endpoint for agentless analysis and cloud-based threat intelligence to determine if a breach occurred. LightCyber operated within the Cyber Security sector, focusing on network and infrastructure security for enterprise customers.

Strategic signal

In March 2017, LightCyber was acquired by Palo Alto Networks for $105 million. This acquisition signaled a strategic move by a major cybersecurity player to integrate advanced behavioral attack detection capabilities, validating LightCyber's technology and market approach in enhancing enterprise security postures against sophisticated threats.

Company Intelligence Q&A

When was LightCyber acquired?

LightCyber was acquired by Palo Alto Networks in March 2017.

What was the acquisition amount for LightCyber?

Palo Alto Networks acquired LightCyber for $105 million in March 2017.

Which investors participated in LightCyber's Series B funding round?

In June 2016, Battery Ventures.

When did LightCyber receive its Series A funding?

LightCyber received its Series A funding round in September 2014, with participation from Battery Ventures and Glilot Capital Partners.

What recognition did LightCyber receive in 2014?

In May 2014, LightCyber was named a "Cool Vendor" by the Gartner Research Group in "Cool Vendors in Security Infrastructure Protection, 2014".