Cisco Investments Backs Israeli Cybersecurity Firm Zafran Following Co-Founder Departure
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · 1 day ago
What happened
Cisco Investments has made a strategic investment in Israeli cybersecurity startup Zafran Security, shortly after co-founder Shnir Havdala departed for Nvidia. The funding will increase Zafran's total capital to over $140 million. Founded in 2022 by former Israeli security personnel, Zafran develops software that helps organizations prioritize cybersecurity vulnerabilities amid increasingly complex AI-driven attacks.
- 01Cisco Investments makes a strategic investment in Israeli cybersecurity firm Zafran Security.
- 02The funding raises Zafran's total capital from about $130 million to over $140 million.
- 03Co-founder and CPO Shnir Havdala recently left Zafran for a managerial role at Nvidia.
- 04Zafran was founded in 2022 by three former Israeli security personnel, including CEO Snez Yashar.
- 05Zafran's software integrates with existing security tools to prioritize critical vulnerabilities.
- 06Despite growth challenges, Zafran continues attracting major strategic investors like American Express and Sequoia Capital.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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