Reflectiz, a leader in web security, has announced the closing of a $22 million Series B funding round led by Fulcrum Equity Partners, with participation from Capri Ventures, YYM Ventures, and AFG Venture Group. The fresh capital injection aims to advance product innovation, grow the global team(particularly in Boston) and broaden market reach by enhancing its Continuous Threat Exposure Management (CTEM) framework.
Founded in 2019 by CEO Idan Cohen and CTO Ysrael Gurt, Reflectiz builds its reputation on a unique, agentless platform that continuously monitors the client-side ecosystem. Unlike traditional security solutions that focus solely on server-side vulnerabilities, Reflectiz emphasizes what it calls the “digital front door”. The client-side scripts, third-party tools, and open-source components outside the direct control of organizations.
Reflectiz’s AI engine rapidly de-obfuscates suspicious JavaScript, surfacing hidden data flows and prioritizing risks in real time. The platform offers complete inventory mapping of every web component, including first-party, third-party, and even nth-party scripts and applications. This comprehensive overview allows organizations to understand their web exposure, prioritize remediation, and mitigate risks effectively.
The recent $22 million investment will be used to enhance Reflectiz’s platform features within its core CTEM (Continuous Threat Exposure Management) framework. The company’s priorities include improving AI risk-scoring accuracy, scalability, and expanding into new sectors such as finance, healthcare, and e-commerce.
“Our mission is to provide a complete picture of web exposure, bringing transparency and actionable insights to organizations globally,” said CEO Idan Cohen. The company also plans to establish a larger presence in Boston with the new headquarters, aiming to attract top talent and accelerate product development.
Market Relevance
The proliferation of third-party scripts, open-source components, and external integrations has created an environment rife with risks. Reflectiz’s platform provides continuous, real-time insights into these risks, helping organizations protect their web assets against supply chain attacks, data exfiltration, and privacy violations.
The platform’s ease of deployment, with no invasive code changes required, is a major advantage for enterprise adoption, especially amid increasing regulatory demands such as PCI DSS 4.0 and GDPR.
Jim Douglass, Partner at Fulcrum Equity Partners, praised Reflectiz’s solution: “Their platform offers a scalable, comprehensive approach to managing web risks, delivering clarity and speed. We are proud to back their vision for a safer, more transparent internet.”
Reflectiz’s clients include Fortune 500 companies across various sectors, highlighting the broad relevance and demand for robust web security solutions. As cyber threats evolve, the company’s focus on proactive, AI-driven exposure management positions it as a key player in the future of cybersecurity.
Reflectiz plans to leverage its latest funding to accelerate product innovation, expand globally, and deepen its partner ecosystem. The company’s vision is driven by the understanding that traditional security methods are insufficient in an environment where the majority of vulnerabilities originate from third-party components and external scripts.
