Ermes Cyber Security Funding Round

6/27/2023

Venture Equity

$3,281,000

Series A

The company intends to use the funds to expand abroad and invest in the product, research, communication and marketing efforts.

Private & Independent

Security

Corso Bernardino Telesio 29
Torino, 10146
IT

Undisclosed

Ermes -- Intelligent Web Protection is an Italian company founded by a team of Web Security experts and Artificial Intelligence researchers that provides companies with a top-notch solution that effectively secures them against web threats, increasing protection by more than 25%. We live in a world where successful cyber-attacks come from the web (80% of the total) and exploit wrong human behavior (+85%). Despite this, the systems designed to protect against such threats adopt a static approach, based on the reputation of the pages we visit. Ermes proposes a revolutionary approach, offering dynamic web threat protection, based not only on the reputation of web pages but also on their actual behavior. This is possible thanks to the use of machine learning and artificial intelligence algorithms, which analyze every single web page, outperforming traditional security products.