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Ionix: Providing Critical Enterprise Attack Surface Management Solutions

Image Credits: Ionix
By: Headliners News / February 14, 2024

Ionix, formerly known as Cyberpion, is strengthening its position in the space of attack surface management, announcing an additional $15 million infusion to its previously disclosed $27 million Series A round. The new funding injection, led by Maor Investments and featuring participation from existing backers Hyperwise Ventures, Team8, and U.S. Venture Partners (USVP), brings Ionix’s total funding to an impressive $50.3 million.

Ionix addresses a critical need for enterprises by providing a comprehensive view of their security posture and software supply chain across on-premises, cloud, and third-party platforms and services. The company’s innovative platform enables organizations to reduce their attack surface, a crucial aspect in the face of rising supply chain attacks. As enterprises increasingly rely on a myriad of third-party services and tools, Ionix offers a centralized solution to understand and manage the overall attack surface.

The significance of Ionix’s approach lies in its ability to provide businesses with insights into their attack surface, even beyond the confines of their firewall. While traditional tools are effective in defending the network under direct control, they often fall short when it comes to threats beyond those boundaries. Ionix aims to fill this gap by offering a singular platform that offers a holistic perspective, giving companies a panoramic view of their attack surface.

While attack surface management is not a novel concept, Ionix positions itself as a leader in the space, asserting that its service provides a more expansive viewpoint compared to many competitors. The core functionality involves mapping the attack surface by creating an inventory of the tools used by a company’s employees, which may not always be known to IT and security teams. Ionix claims that its customers discover 50% more assets compared to other tools. Armed with this information, Ionix assists IT and security teams in prioritizing exploitable risks and fortifying their security posture.

Marc Gaffan, CEO of Ionix, emphasizes the startup‘s mission to offer organizations the broadest possible view of their attack surface, simulating the perspective of an attacker from the outside in. The platform then hones in on critical exposures, empowering organizations to prioritize effectively and enhance their security stance.

Ionix has garnered strong market adoption, with notable customers including Lexmark, Warner Music Group, Infosys, and the multinational electric utility E.ON. This latest funding injection positions Ionix for further growth and innovation in the evolving landscape of attack surface management, solidifying its role as a key player in addressing the complex challenges of cybersecurity.

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