Intezer raises USD33m in Series C financing

Categories: Hi-Tech

Intezer has closed USD33 million in a funding round led by Norwest Venture Partners, taking total capital raised to USD60 million.

Founded in 2015 and based in New York and Tel Aviv, Intezer develops technology that analyzes code on cloud software to detect malware.With a new investment of USD 33 million, the cybersecurity company will accelerate innovation, further refining and expanding AI technology to match the expertise of human analysts. In 2023, its customer base grew by 400%, highlighting the urgent need for solutions as many SOC teams (Security Operations Center) struggle with overwhelming alert volumes.

 H-F & Co. acted for the company, with the team comprising Yarin Bitton, Yuval Oren, Orly Charas, Harel Amir, Suf Rafaelly, Yonatan Ben-Ari and Luana Alon.