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Seven Cyber Start-Ups complete innovative JVP Play

Seven Cyber Start-Ups complete innovative JVP Play

CyberNYC’s program at Margalit Startup City, New York’s International Cyber Center

Subject matter experts joined forces with JVP & NYCEDC supporting the cybersecurity ecosystem in New York City

October 15th, TEL AVIV/NEW YORK – The Final Global Event of JVP Play CyberNYC’s program paid tribute to a cohort of seven cyber start-ups with applications in a range of vertical markets, representing successful collaboration between leading enterprises. The event brought together prominent founders and tech leaders, as well as service providers and subject matter experts who joined forces with JVP, NYCEDC to support the buildout of the cybersecurity ecosystem in New York City.

The cohort features various cyber themes, including threat hunting, cryptographic management, secrets management, anti-phishing, pen-testing and risk assessment, identity management and anti-fraud, threat intelligence, and endpoint security.

Although JVP Play CyberNYC began during the COVID pandemic, the selected start-ups succeeded in completing a four-month intensive program that included workshops, expert-led sessions, ongoing 1:1 sessions with every company, and a broad mentorship program.

The start-ups are international in nature; from New York to Israel, from Argentina to Switzerland, from France to Spain.

In completing the program, the start-ups overcame the significant challenges faced by all new businesses, made all the more difficult due to the restrictions and obstacles caused by the COVID-19 pandemic.

Addressing the event online from Jerusalem, Founder & Chairman of JVP & Margalit Startup City, Erel Margalit, commented, “We are happy to have arrived at this event with 7 companies that withstood the test of time and are continuing with us from all over the world. Coming together at Margalit Startup City New York’s International Cyber Center.”

He added, “This year we faced a pandemic in addition to everything else that works against start-ups, it was a challenge to hold this cohort together. Despite the world gone crazy, you all continued to do great work and are moving forward building your businesses for your products.”

He concluded, “We appreciate the leading enterprises, prominent founders and leaders, service providers, and subject matter experts who joined forces with ourselves and the NYCEDC to support the buildout of the cybersecurity ecosystem in New York City.”

The seven start-ups that made up the cohort were:

Akeyless

Akeyless secures tokens, passwords, certificates and encryption keys with an enterprise-grade Vault, provided as SaaS or as On-prem, with fast onboarding and built-in scaling.

Cryptosense

Cryptosense is an analysis software designed to eliminate crypto misuse and key-management vulnerabilities from applications and infrastructure. Their software offers a tool for vulnerability assessment in cryptographic interfaces that learns the behavior of devices under tests and adapts its attack search from scratch accordingly.

VU

VU is the developer of software designed to safeguard the identity, prevent fraud, authorize mobile payments, and protect IoT. They authenticate voice and deliver proof-of-life through complex algorithms, behavior analysis and machine learning.

OPORA

OPORA’s platform provides a real-time and continuous view of a customer’s cyber adversaries, exposing and monitoring their network of attack infrastructure, and delivering pre-emptive actions to prevent attacks at the source days in advance of an initial campaign.

King and Union

King and Union is a threat analytics platform intended to unite security professionals and amplify the power of cybersecurity analysts. Their platform provides a dynamic workspace where security operators and analysts can lean in, cut through the noise and reduce the time to address threats from hours to minutes.

Cyber 2.0

Cyber 2.0 offers malware protection, as well as the prevention of CnC and lateral movement of malware within in an organization.

Immuniweb

Immuniweb is illuminates external attack surfaces and Dark Web exposure for well-informed, risk-based and DevSecOps-enabled semi-application penetration testing. Their platform is grounded in an intuitive dashboard that delivers risk scoring and holistic visibility into exposed assets

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A Defining Moment for Cybersecurity, for JVP, and for Israel/US Cooperation: CyberArk’s $25B Merger with Palo Alto Networks

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Last week marked a moment of both pride and reflection for all of us at JVP. The announcement of CyberArk’s $25 billion acquisition by Palo Alto Networks is not just a landmark deal in the cybersecurity landscape—it’s a powerful validation of the JVP Way, our approach to company building that continues to define our firm today.

While we are no longer CyberArk shareholders, having exited our position a few years after its IPO, we were proud to have been CyberArk’s leading and largest shareholder from its early days to several years after it became a public company and its emergence as an international category leader. While I was Chairman of the company, we partnered closely with the founders during the most formative years of its journey. Back in 2011, when many investors were ready to sell the company for $120 million, JVP chose to reinvest and increased our position to 47%, buying out early shareholders, bringing in Goldman Sachs as an equity investment partner, and partnering with management to lay the foundation for a strong international expansion. That pivotal moment gave the company the opportunity to scale into a true global market leader. 

CyberArk has always been ahead of the curve—pioneering insider threat protection, secrets management, machine-to-machine authentication, and most recently, preparing the world for secure Agentic-AI infrastructure. Its merger with Palo Alto Networks positions it to lead the AI era with a fully integrated, end-to-end security platform. 

We invite you to revisit JVP’s unique role in CyberArk’s growth in this Forbes featureReuters press, and from CyberArk’s newsroom.

This milestone is a reminder that JVP’s tried and true approach – invest, reinvest, roll up our sleeves, and work diligently alongside founders and management teams to build category leading global companies – works. The JVP Way, developed over 30 years, is what enables JVP to build companies that lead and transform industries to the benefit of our investors.

Today, we continue to apply the same methodology to our current portfolio with company after company surpassing the $100 million revenue threshold, with JVP owning 40% or more, as they too become category-leading international businesses.