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Element Security, a cybersecurity startup based in Tel Aviv, Israel, raised $5 million in funding. Backers included Q Fund VC, Eddy Shalev, Danny Yamin, and Kobi Rosengarten. This funding round was announced in September 2024, with some sources referring to it as a Series A round and others as the company emerging from stealth.
Element Security has developed a Continuous Threat Exposure Management (CTEM) solution. The company's platform utilizes a proprietary exploit engine to continuously and actively attempt to hack their customers' external-facing assets, identifying high-impact exposures before attackers can exploit them. The system is designed to provide detailed proof of concept upon detecting a vulnerability, including the attack chain, payloads used, mitigation advice, and a severity score. Element Security intends to use the funds to expand operations and its development efforts.
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