After a cyberattack by an Iranian-sponsored hacking group, an Israeli entrepreneur founded a company and raised $11 million in seed funding to address the vulnerabilities the hackers exploited.
Onit Security, founded by Ofer Amitai, Elad Ben Meir, and Tom Winter, was created in response to an Iranian hacker group targeting Amitai’s previous company, with the objective of addressing the vulnerabilities it exploited.
According to their announcement, the funding was led by Hetz Ventures and Brightmind Partners, with participation from prominent angel investors. Their estimates indicate that by 2030, the Common Vulnerabilities and Exposures (CVE) index will exceed 1 million entries, representing a 300% increase since 2025.
The index serves as a glossary of known cybersecurity vulnerabilities, while Onit Security emphasizes that its rapid growth creates a backlog for security teams that hostile groups can exploit.
Solving years of vulnerabilities with one platform
“While attackers can exploit vulnerabilities almost instantaneously, security teams need an average of 32 days to remediate them, and nearly half of vulnerabilities remain unresolved after 12 months,” the company explained.
The platform launched by Onit Security uses artificial intelligence to analyze vulnerabilities using “actual business context rather than generic CVSS scores,” which allows not only more rapid solutions in specific situations, but also the implementation of company-wide security policies once a vulnerability is detected.
“Vulnerability management has been broken for 30 years. Security teams are weighed down by countless alerts, while attackers exploit the smallest window of inaction,” said Ben Meir, who is also the CEO of Onit Security.
“We are automating remediation at pace, at scale, and future-proofing enterprises as they grow and as the cyber landscape around them evolves,” he added.
The company was founded by serial entrepreneurs with three prior acquisitions, SCADAfence (acquired by Honeywell), Portnox (sold to private equity), and For-Each (acquired by Autodesk), and is already working with Fortune 1000 customers.
Their latest reports show that the platform reduced time to remediation by up to 87%. “The new funding will accelerate product development and go-to-market as the company expands into additional sectors,” the company said.
“We've seen the evolution from legacy scanners to Risk-Based Vulnerability Management and beyond, and remediation has always been where progress stalls. Onit Security changes that equation,” said Gur Talpaz, General Partner at Brightmind Partners and former SVP Corp Dev at CrowdStrike.