Phone : +91 95 8290 7788 | Email :

Register & Request Quote | Submit Support Ticket

Home » Cyber Security News » OpenAI CEO Sam Altman investing in this Israeli cyber startup – ET CISO

OpenAI CEO Sam Altman investing in this Israeli cyber startup – ET CISO

OpenAI CEO Sam Altman investing in this Israeli cyber startup – ET CISO,imgsize-37952,width-1200,height=765,overlay-etciso/corporate/openai-ceo-sam-altman-investing-in-this-israeli-cyber-startup.jpg

Israeli cyber security startup Apex, focused on securing the rapid adoption of artificial intelligence (AI) tools, has announced that it received an undisclosed investment from OpenAI CEO Sam Altman. Apex secured a total of $7 million in seed funding, led by Sequoia Capital and Index Ventures, with participation from Altman and others. The company stated it was finalizing paid contracts after successful trials with several Fortune 500 companies and investment firms. The new funds will be used for product development, hiring, and marketing efforts.

With the rising demand for AI tools, like OpenAI’s ChatGPT, that expedite tasks, users are increasingly looking for ways to safeguard their data and prevent security threats and inappropriate data infiltration.

“There’s a whole new landscape of threats and risks involving AI models,” Matan Derman, Apex’s CEO, told Reuters. “It encompasses data leakage and data-related issues. It extends to privacy, compliance, and what re-enters an organization.”

This, according to Derman, signifies a critical shift for the cybersecurity industry, which has traditionally focused on preventative measures and blocking unauthorized access.

“Our goal at Apex is to build the additional security layers required for enterprises to adopt AI,” he said. “We’re committed to maximizing our impact.”

Israel is said to be a powerhouse in the cybersecurity domain, boasting hundreds of startups.

Derman co-founded Apex ten months ago with Tomer Avni, a fellow officer in the elite 8200 intelligence unit of the Israeli military. The company has since operated in stealth mode, collaborating confidentially with select companies.

“Every board member, CEO, investor, and entrepreneur is discussing AI and how to leverage it,” Avni said. “Therefore, the need for security is more pressing than ever.”

Avni compared AI to prior major technological advancements like personal computers, networks, and the cloud, each necessitating enhanced security measures.

“AI is likely to surpass all these prior revolutions,” he said, “because AI is simply pervasive.”

  • Published On May 3, 2024 at 10:44 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETCISO App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App

Information Security - InfoSec - Cyber Security - Firewall Providers Company in India













What is Firewall? A Firewall is a network security device that monitors and filters incoming and outgoing network traffic based on an organization's previously established security policies. At its most basic, a firewall is essentially the barrier that sits between a private internal network and the public Internet.


Secure your network at the gateway against threats such as intrusions, Viruses, Spyware, Worms, Trojans, Adware, Keyloggers, Malicious Mobile Code (MMC), and other dangerous applications for total protection in a convenient, affordable subscription-based service. Modern threats like web-based malware attacks, targeted attacks, application-layer attacks, and more have had a significantly negative effect on the threat landscape. In fact, more than 80% of all new malware and intrusion attempts are exploiting weaknesses in applications, as opposed to weaknesses in networking components and services. Stateful firewalls with simple packet filtering capabilities were efficient blocking unwanted applications as most applications met the port-protocol expectations. Administrators could promptly prevent an unsafe application from being accessed by users by blocking the associated ports and protocols.


Firewall Firm is an IT Monteur Firewall Company provides Managed Firewall Support, Firewall providers , Firewall Security Service Provider, Network Security Services, Firewall Solutions India , New Delhi - India's capital territory , Mumbai - Bombay , Kolkata - Calcutta , Chennai - Madras , Bangaluru - Bangalore , Bhubaneswar, Ahmedabad, Hyderabad, Pune, Surat, Jaipur, Firewall Service Providers in India

Sales Number : +91 95 8290 7788 | Support Number : +91 94 8585 7788
Sales Email : | Support Email :

Register & Request Quote | Submit Support Ticket