Cylus

Cylus leverages AI and machine learning (ML) to provide IoT security for railway infrastructure. The company provides the CylusOne security solution for signaling, control networks, and rolling stock (onboard operational and passenger comfort systems) to protect mainline and urban railway companies from cyberattacks. It provides continuous threat monitoring and 360-degree real-time protection capabilities, including threat detection, advanced forensics and mitigation, and simplified security operations to secure the network and OT assets of a railway system. The solution detects and alerts on potential threats and recommends necessary remediation actions to railway operators. The company’s solution requires zero downtime and integrates with existing and new systems without requiring any modifications to an organization’s network.

Cylus operates in the US, Europe, Israel, and had a headcount of 55 as of December 2021. During the same period, the company partnered with Alstom, a developer of smart mobility solutions, to launch an advanced rail cybersecurity solution to secure the signaling and train control systems of the Tel-Aviv Red Line.

In December 2021, the company raised USD 30 million in a Series B funding round led by Ibex Investors. The company expected to utilize the funds to enhance its AI and ML capabilities; expand its growth in railway verticals across North America, Europe, and Asia Pacific; and hire more specialists in cybersecurity, traffic management, and onboard train systems.