Tech Company Financing Transactions
HUB Security Funding Round
HUB Security secured a $16 million investment round on 5/4/2023. Backers included The Lind Partners.
Transaction Overview
Company Name
Announced On
5/4/2023
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
The Lind Partners (Lead Investor)
Proceeds Purpose
This investment is expected to provide HUB Security with additional resources to fuel its rapid growth and development, enhance its financial stability, and enable the Company to pursue its future plans.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Rothschild Blvd 17
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
HUB Cyber Security Ltd ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces and began trading as a public company on Nasdaq on March 1, 2023 under the ticker HUBC. HUB specializes in unique cybersecurity solutions protecting sensitive commercial and government information and is a recognized leader in the rapidly evolving field of zero trust confidential computing, an area of cybersecurity that provides protection to data even when computers are infected and administrators are compromised. HUB's computing solutions aim at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. The Company operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Uzi Moscovich
Chief Financial Officer
Hugo Goldman
Chief Operating Officer
David Riker
Chief Technical Officer
Andrey Iaremenko
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