Solebit Labs snags $2 million in funding

The firm plans to use the funds to develop enterprise solutions to defend against APTs.

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Solebit Labs has secured $2 million in funding from Glilot Capital Partners.

Announced on Monday, the Herzaliya Pituah, Israel-based firm said the investment will enable Solebit to accelerate product development and ramp up sales and marketing efforts.

Solebit is a 10-employee company, founded in 2014 by graduates of technology units in the Israel Defense Forces Boris Vaynberg, Meni Farjon, and Yossi Sara. The company develops solutions to protect the enterprise against Advanced Persistent Threats (APTs), which is a continual issue for security teams to detect and protect against.

According to Solebit CEO Boris Vaynberg, the majority of APT attacks levied against the enterprise use unauthorized code in application-level vectors to gain a foothold into corporate networks. The code often hides or is encrypted into data streams of common applications -- including Microsoft Office and Adobe Acrobat -- before being executed and launched via software vulnerabilities.

Vaynberg commented:

"Solebit thwarts zero-day attacks and APTs by inspecting every file or object before allowing it into the network, eliminating every possible condition in which a stream with executable code is permitted entry.

This represents a new approach because we're not trying to guess at the motives, methods or deduce suspicious activity: if a stream includes code, it is quarantined. By creating a 'no code zone' around the network, our solution prevents attacks at the delivery phase, before the need for costly remediation."

A partner in Glilot Capital Partners, Kobi Samboursky, said the company's approach to APTs cemented the fund's decision to invest. Samboursky, who will join Solebit's board of directors, also said the firm's technology is likely to find "wide acceptance" in the market due to its APT prevention processes, which goes beyond a number of solutions currently on the market which only report threats.

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