Silk Security
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Silk Security was an Israeli cybersecurity startup founded in early 2022 by Yoav Nathaniel (CEO), Bar Katz (CTO), and Or Priel (CPO). It built a platform for cyber risk resolution: aggregating vulnerability findings from all of a company's security alert tools into a single view, then prioritizing and automating remediation. In August 2023 it raised $12.5 million in seed funding led by Insight Partners and Hetz Ventures, with participation from the CrowdStrike Falcon Fund and angel investors including Shlomo Kramer and Mickey Boodaei.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Yoav Nathaniel, Bar Katz, and Or Priel found Silk Security in Israel to fix the frustrating, manual process of security alert remediation.
- Seed round
Silk Security raises $12.5 million in seed funding led by Insight Partners and Hetz Ventures, with the CrowdStrike Falcon Fund participating.
- Acquired by Armis
On April 17, 2024, cyber unicorn Armis announces it is acquiring Silk Security for $150 million; all 30 Silk employees join Armis and the Silk Platform is integrated into Armis Centrix, Armis's AI-based vulnerability prioritization and remediation solution.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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