7 million in funding and paying customers using its application security platform. Neosec CEO Giora Engel previously founded LightCyber, which Palo Alto Networks bought for $105 million in early 2017 before using that company’s technology as the basis for its Cortex extended detection and response (XDR) platform. LightCyber developed machine-learning based behavioral analytics that identify anomalies inside the network and then identify attacks. With his new venture, Engel and co-founder Ziv Sivan who is CTO at Neosec want to bring these same behavioral analytics and big-data techniques to find threats in APIs
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