SphereX

On-chain Security Solution for Smart Contracts

Cyber Security
Active
Seed Tel Aviv-Yafo Founded 2022
Total raised
$8.2M
Last: Seed 2023-08
Stage
Seed
Founded
2022
Headcount
5
HQ
Tel Aviv-Yafo
Sector
Cyber Security

About

SphereX is the developer of SphereX Protect, an advanced security solution for smart contracts. The company's solution defines for each contract with which it interfaces how to distinguish between legitimate commands of normative users and anomalous commands characteristic of attackers. SphereX Protect is not limited to stopping the execution of the abnormal orders, which indicate that malicious parties have probably got their hands on the contract and want to empty it, but also allows the continued operation of the customer's contracts in front of the normative users.

Funding history · 1 round · $8.2M total

2023-08
Seed $8.2M

Company Intelligence Q&A

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When was SphereX founded?
SphereX was founded in July 2022.
What is SphereX's primary product?
SphereX's primary product is SphereX Protect, an advanced security solution for smart contracts.
What is the core functionality of SphereX Protect?
SphereX Protect defines for each smart contract how to distinguish between legitimate user commands and anomalous commands characteristic of attackers, allowing continued operation for normative users while stopping abnormal orders.
How much funding has SphereX raised to date?
SphereX has raised a total of $8.2 million USD.
When did SphereX complete its Seed funding round?
SphereX completed its Seed funding round in August 2023.
Which investors led SphereX's Seed funding round?
The Seed funding round for SphereX was led by Aleph.
What is SphereX's primary sector?
SphereX's primary sector is Cyber Security.
How many employees does SphereX currently have?
SphereX currently has between 1 and 10 employees.
Who are the founders of SphereX?
The founders of SphereX are Eyal Meron and Oren Fine.

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityApplication & Website Security
Technologies
Artificial IntelligenceMachine Learning
Target customers
Enterprise & Professional ServicesSoftware Development
Business model
B2BB2C

Tags

vulnerability-managementcyber-securitythreat-detectionapplication-securityweb3