Nyotron

Company Overview

Snapshot

Founded in July 2006 by Nir Gaist, Nyotron operated with 1–10 employees. The company raised a total of $43 million across 4 funding rounds from 7 investors before being acquired by Acronis in May 2021.

Business overview

Nyotron Information Security developed end-point security solutions designed to protect against unknown exploits, viruses, and trojans. Its core product, Paranoid, assessed and prevented damaging outcomes regardless of malware origin or attack method. Paranoid achieved full end-point protection by analyzing system calls against Nyotron's proprietary Behavior Patterns Map (BPM) to identify potential attacks. The company operated within the Cyber Security sector, serving markets such as the United States, United Kingdom, and Canada, with a focus on financial institutions, government, and healthcare providers.

Strategic signal

In May 2021, Nyotron was acquired by Acronis, marking a significant exit for the cybersecurity firm. This acquisition signals a consolidation within the endpoint security market, with larger players integrating specialized technologies to enhance their offerings. For investors, this demonstrates the strategic value of advanced threat detection capabilities and the potential for successful exits in the cybersecurity landscape.

Company Intelligence Q&A

What was a significant strategic development for Nyotron in 2021?

In May 2021, Nyotron was acquired by Acronis, leading to the company's inactive status.

What was a key partnership announced by Nyotron in 2018?

In May 2018, Nyotron signed a cloud distribution agreement with Ingram Micro to expand its reach.

What was a notable research finding by Nyotron in 2019?

In November 2019, Nyotron discovered a technique that allowed ransomware to become invisible to security software, highlighting a critical vulnerability.

Which city in Minnesota selected Nyotron's product in 2020?

In October 2020, Columbia Heights, MN, selected Nyotron PARANOID to secure its endpoints.