NSO Founder Completes $7.5 Million Raise For Cyber Defense Platform Orchestra
Summary
The first round of funding for the company was led by Prytek, a multinational venture capital firm based out of London, chaired by former Bank Hapoalim chairman Yair Sarousi. The company develops a platform that synchronizes the various security products that exist in the organization, and analyzes and builds organizational security policies.Lavie founded Orchestra in 2018 together with chief technology officer Jacob Ukelson and chief operating officer Isaac Zack. We had planned to purchase one of Pryteks portfolio companies and ended up raising money from them, Lavie told Calcalist in an interview Sunday. "Lavie still owns a chunk of NSO stock as part of a buyback deal with Francisco Partners at an $800 million valuation a year ago. NSOs field of operation is extremely narrow and entrenched in regulations and oversight as opposed to defensive cybersecurity operations, which is a huge and unregulated field, he said.NSO was once again in the headlines recently after the company claimed it had developed a platform that can track the movement and actions of people infected with Covid-19 going backward two weeks.