{"id":48704,"date":"2022-09-30T13:22:54","date_gmt":"2022-09-30T13:22:54","guid":{"rendered":"https:\/\/www.darkreading.com\/vulnerabilities-threats\/onyxia-raises-5m-to-help-companies-proactively-manage-cybersecurity-risks-using-ai"},"modified":"2022-09-30T13:22:54","modified_gmt":"2022-09-30T13:22:54","slug":"onyxia-raises-5m-to-help-companies-proactively-manage-cybersecurity-risks-using-ai","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/onyxia-raises-5m-to-help-companies-proactively-manage-cybersecurity-risks-using-ai\/","title":{"rendered":"Onyxia Raises $5M to Help Companies Proactively Manage Cybersecurity Risks Using AI"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/beta.darkreading.com\/images\/og-image.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p>\n<strong>NEW YORK (PRWEB),<br \/>\nSept. 29, 2022<br \/>\n\u2014<\/strong> <a href=\"https:\/\/onyxia.io\/\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">Onyxia<\/a>,<br \/>\nan AI-powered cybersecurity strategy and performance platform providing<br \/>\na centralized way for security teams to monitor and manage<br \/>\ncybersecurity efforts in real time, has raised $5 million in seed<br \/>\nfundraising led by World Trade Ventures (WTV) with participation by<br \/>\nSilvertech Ventures and angel investors. Onyxia is setting a new<br \/>\nstandard in cybersecurity by enabling enterprises and managed security<br \/>\nservice providers (MSSPs) to consistently have real-time insight into<br \/>\ntheir internal systemic and macro cybersecurity postures, proactively<br \/>\nhighlighting strategies to close imminent security gaps and threats. The<br \/>\nfunding will be used to accelerate automation development, expand<br \/>\nstaff, and enhance platform design. <\/p>\n<p>From data destruction to monetary theft,<br \/>\ncybercrimes today take many different shapes and sizes. Globally,<br \/>\norganizations suffered a ransomware attack every 11 seconds in 2021. New<br \/>\nattacks on consumers and businesses are expected to <a href=\"https:\/\/cybersecurityventures.com\/global-ransomware-damage-costs-predicted-to-reach-250-billion-usd-by-2031\/\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">occur every two seconds by 2031<\/a> and cybercrime <a href=\"https:\/\/cybersecurityventures.com\/cybercrime-damage-costs-10-trillion-by-2025\/\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">is predicted to hit $10.5 trillion by 2025<\/a>. <\/p>\n<p>\u201cCISOs work in an environment where threats<br \/>\nand security solutions change rapidly. Too often, legacy cybersecurity<br \/>\nsoftware fails to keep up with an evolving landscape despite security<br \/>\nteams spending $150 billion annually (<a href=\"https:\/\/www.gartner.com\/en\/newsroom\/press-releases\/2021-05-17-gartner-forecasts-worldwide-security-and-risk-managem\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">Gartner<\/a>)<br \/>\non consulting and manual processes,\u201d said Charlie Federman, Partner at<br \/>\nSilverTech Ventures. \u201cOnyxia is addressing a blind spot in the market.<br \/>\nIts dynamic solution is what every CISO needs in order to maintain an<br \/>\naccurate picture of their cybersecurity landscape and make<br \/>\ninsight-driven decisions.\u201d <\/p>\n<p>Leveraging AI, Onyxia\u2019s platform keeps pace<br \/>\nwith the ever-changing security landscape while personalizing the<br \/>\nplatform and remediation recommendations for each company. And with<br \/>\nactionable insights, Onyxia empowers security professionals to define<br \/>\ntheir security environment and highlight the best solutions and<br \/>\nstrategies to close vulnerable gaps before they emerge.<\/p>\n<p>\u201c\u200b\u200bTraditional cybersecurity systems are<br \/>\nreactive, burdening CISOs with manual work. As a result, many<br \/>\nvulnerabilities are ignored while pervasive cyber threats are becoming<br \/>\nmore complex,\u201d says <a href=\"https:\/\/www.linkedin.com\/in\/sivan-tehila\/\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">Sivan Tehila<\/a>,<br \/>\nCEO of Onyxia. \u201cWe built Onyxia to be a proactive solution to<br \/>\ncybersecurity threats, aimed at keeping CISOs ahead of the curve by<br \/>\nproviding them with tailored insights based on real-time data, so<br \/>\ncompanies properly prioritize and are best prepared.\u201d<\/p>\n<p>Onyxia was founded by Sivan Tehila, who served<br \/>\nas CISO of the Research and Analysis Division and Head of Information<br \/>\nSecurity for the Israeli Defense Force (IDF) prior to founding the<br \/>\ncompany. <\/p>\n<p><strong>About Onyxia:<\/strong><br \/>\n<br \/>Onyxia is an AI-powered cybersecurity strategy, management, and<br \/>\nperformance SaaS platform enabling enterprise security professionals to<br \/>\nunderstand their Cybersecurity posture in real-time. By leveraging<br \/>\nautomation and scalability, Onyxia enables CISOs to gain a holistic view<br \/>\nof their entire cybersecurity environment while highlighting the best<br \/>\nsolutions and strategies to close security gaps. For more information,<br \/>\nvisit <a href=\"https:\/\/onyxia.io\/\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">https:\/\/onyxia.io\/<\/a>. <\/p>\n<p><strong>About Silvertech Ventures: <\/strong><br \/>\n<br \/>Silvertech Ventures is a venture capital firm focused on helping<br \/>\nentrepreneurs grow their companies by respecting the role of the CEO,<br \/>\nhelping with our network and experience, and most importantly, by being<br \/>\nthere when needed. Other security investments by Silvertech Ventures<br \/>\ninclude Semperis, Reveal Security, and Firedome. Visit <a href=\"https:\/\/silvertechventures.com\/\" title=\"null\" onclick=\"linkClick(this.href)\" rel=\"nofollow\">https:\/\/silvertechventures.com\/<\/a> for more information.<\/p>\n<p>Read More <a href=\"https:\/\/www.darkreading.com\/vulnerabilities-threats\/onyxia-raises-5m-to-help-companies-proactively-manage-cybersecurity-risks-using-ai\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Onyxia, an AI-powered cybersecurity strategy and performance platform providing a centralized way for security teams to monitor and manage cybersecurity efforts in real time, has raised $5 million in seed fundraising led by World Trade Ventures with participation by Silvertech Ventures and angel investors.Read More <a href=\"https:\/\/www.darkreading.com\/vulnerabilities-threats\/onyxia-raises-5m-to-help-companies-proactively-manage-cybersecurity-risks-using-ai\">HERE<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[151],"tags":[],"class_list":["post-48704","post","type-post","status-publish","format-standard","hentry","category-darkreading-ti"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Onyxia Raises $5M to Help Companies Proactively Manage Cybersecurity Risks Using AI 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security &amp; Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta 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