Talon grabs $26Mn financing for distributed workforce solutions

Israel’s cybersecurity startup firm, Talon Cyber Security has lately announced securing USD 26 million financing in seed funding round led by Lightspeed Venture Partners, Team8, and serial entrepreneur Zohar Zisapel amongst other leading cybersecurity angel investors.

For the record, Talon is rigorously working toward the realization of cybersecurity solutions for a distributed and remote workforce and new category of threats put forth by the workforce flexibility.

In fact, company officials mentioned that the firm’s technology looks forward to making organizations safe and secure by allowing all employees to access their corporate resources securely, without hindering the productivity of work or their confidential data privacy. 

A unique challenge of distributed and remote workforce led the flag bearers, Ofer Ben-Noon and Ohad Bobrov to embark on the journey of setting up Talon Cyber Security to offer various small as well as large scale organization with optimum flexibility, visibility, and productivity while protecting them against prevalent cyber-attacks.

Commenting on the recent fund raise, Ofer Ben-Noon, CEO of Talon Cyber Security, cited that distributed workforce presents a host of new cybersecurity risks exposing both large and small organizations to novel types of threats that cannot be solved using current existing solutions, generating need for new solutions development.

On the other hand, David Gussarsky, a partner at Lightspeed Venture Partners, stated that Talon is readily solving a major problem faced by various organization created by recent changes in the workforce model.

David added that the need for one comprehensive solution in this regard, has created a whole new market and an exceptional opportunity for the company to stand out as a game-changer in the cybersecurity industry.

Meanwhile, Managing Partner and Co-Founder at Team8, Nadav Zafrir mentioned that Talon’s leadership team would potentially deliver a revolutionary solution for the ongoing cyber risk challenges in and around the world.

Source Credit: https://nocamels.com/2021/04/talon-cyber-security-26m-seed-funding/

By Priya Deshmukh

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