OneLayer Secures $8.2M Seed Round

Business News News March 23rd 2022

OneLayer, the global leader in providing private LTE/5G network protection for businesses, has recently announced its public launch accompanied by an $8.2 million seed investment led by Grove Ventures and Viola Ventures.

OneLayer will be using the funding on the development and improvement of its product portfolio for enterprise-grade security to help clients all across the world. In conjunction with tier-1 players, the business is also going to build a cyber risk assessment and validation lab based on private LTE and 5G technologies.

The additional investment is made by angel investors from leading cyber and cloud companies like Avi Shua, founder, and CEO of Orca Security, Ariel Zeitlin, founder of Guardicore, Gonen Fink, Head of Palo Alto Networks Israel R&D Center, and the founders of Epsagon, Nitzan Shapira, CEO, and Ran Ribenzaft, CTO, and many others.

Renana Ashkenazi, General Partner at Grove Ventures said, “Until the arrival of private LTE/5G networks, enterprise security and cellular security have been present in parallel, but different orbits. But, now the reality has been changed which demands a new solution. Thus, OneLayer is taking an incredible challenge of addressing this gap in enterprise and cellular security and already is in process of building a solution for a very large market”. 

OneLayer is accessing security challenges from a security perspective and also from the team’s collective cellular expertise to deliver a solution that will protect organizations from the attack while still allowing them to operate within their LTE/5G networks. OneLayer is giving organizations complete liberty to safely leverage the benefits of a private 5G cellular network.

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What is Private LTE/5G Network?

As per OneLayer, the private LTE/5G networks allow a genuine connectivity revolution for businesses, by giving them substantial benefits like increased connectivity dependability, dedicated bandwidth with capacity and range along IoT device connectivity across large regions. Since the last few years, the number of businesses adopting private LTE/5G networks is increasing and this number is going to skyrocket in near future. On the other hand, security for these networks has fallen far behind. Traditional enterprise security has evolved a lot over the last decade in order to meet the desired standards. But, most of those tools are not applicable to the cellular domain as they tend to overlook changes and advancements in the relevant standard and protocols that other cellular networks demand.

Dave Mor, Co-Founder, and CEO of OneLayer said, “OneLayer is a combination of deep knowledge of both cybersecurity and cellular technology and was formed with a vision to help enterprise companies to close a significant vulnerability in their networks. The solution made by us effectively and efficiently addresses the unique challenges that are faced by cellular security for enterprises. It will give our customers the ability to build expansive private networks with the highest level of security which is tailored for their specific needs and those that are also beyond the current standards and capabilities of the IT as well as OT networks”.

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