CyberRidge, a company that created a special photonic encryption technology to make data completely untraceable, has raised $16 million in Series A funding.
The round was led by Arkin, Redseed VC, Elron Ventures, and supported by a European Innovation Council (EIC) grant under the EU’s Horizon program. The company, which is currently updating its business strategy, had earlier raised $10 million from the Canadian-Israeli investment group Awz.
Professor Dan Sadot, the company’s CEO and one of its founders, said: “Our uniqueness lies in our multidisciplinary background, we combine expertise in communications, optical communications, cyber, and networks into a solution that is fundamentally different from anything in the cybersecurity industry. We don’t compete in cyber; we add a layer at the light level.”
CyberRidge’s main product is an easy-to-install photonic transmission system that works with existing fiber networks. It turns data into encrypted light signals, making it impossible to read or track.
This technology protects data from all kinds of threats — including traditional wiretapping, quantum attacks, or any attempt to capture and decode the signal later.
The data can only be restored using CyberRidge’s special photonic key, which changes every fraction of a second. If the key isn’t used at the exact moment the signal arrives, the data disappears forever.
Sadot said that CyberRidge has built a hardware-based encryption device that can replace the regular transmitters used by traditional communication companies.
“Our system operates in an entirely new way, we manipulate light itself at the physical level. Anyone trying to intercept our encrypted information will receive only noise. The data becomes unrecoverable unless it is processed in real time on the other end,” he said.
“The fear that encrypted data could one day be decrypted using advanced computing is irrelevant in our case. We’ve made all existing cyberattack tools obsolete, the only way to access the data is with optical tools that reconstruct the signal in real time. If not, the information is lost forever.”
CyberRidge’s technology began as academic research about eight years ago. The company was officially started in February 2022 by Professor Dan Sadot, an expert and serial entrepreneur in optical communications and photonic encryption.
Professor Sadot is a senior professor at Ben-Gurion University’s Faculty of Engineering. He has led the Optical Communication Research Laboratory there since 1996, where the early ideas for CyberRidge’s technology were developed.
Throughout his career, Sadot has published over 200 research papers and registered 35 patents. Some of his inventions helped create successful companies in the photonics and communications field, such as Banias Labs (acquired by Alphawave), MultiPhy, XLight Photonics, and TeraCross.
CyberRidge has about 20 employees in Israel, most of whom are graduates of Ben-Gurion University or members of elite IDF Intelligence units. The company also has teams in the U.S. and Switzerland.
Its technology is already being tested by top organizations in communications, security, and intelligence across Europe, Singapore, and Australia. It is even being used in a special unit of the IDF Intelligence Directorate.
Recently, CyberRidge received a major grant from the European Innovation Council (EIC) and was chosen from over 1,400 companies to join the EIC program — a recognition of its strong potential to redefine secure global communications.
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