Cybersecurity startup Raven has raised $20 million in early funding. The company focuses on protecting applications while they are running. The funding includes a Seed round led by Norwest Venture Partners and an additional post-Seed investment led by Elron Ventures.
The startup also received support from several Israeli and global investors. These include UpWest, RedSeed, SentinelOne, Jibe Ventures, and Elron’s CyberFuture microfund.
The company focuses on something called runtime protection. This means it watches applications while they are running and stops attacks as they happen.
Instead of depending on known threats or old attack patterns, Raven tries to catch new and active attacks in real time inside the application.
Raven says most current security tools only protect up to the operating system or container level. They do not look inside applications, where many attacks actually take place.
Raven was founded by Roi Abitboul, Guy Franco, and Omer Yair. They started the company together after working in cybersecurity for several years.
Before Raven, they had worked together at Javelin Networks, which was founded by Abitboul and Franco. This company was later acquired by Symantec in 2022.
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