Hub Security, a Tel Aviv, Israel-based cybersecurity startup, closed a $5m Series A funding round.
The round was led by AXA Ventures, with participation from Jerusalem-based OurCrowd.
The company intends to use the funds to strengthen the team, expand their technology and offer enhanced products to fintech companies, focusing on enabling access to credit, corporate banking solutions, cross-border payments and providing ultra-secure banking solutions.
Led by Eyal Moshe, CEO, Hub Security provides cloud and enterprise organizations with cybersecurity solutions for fintech, cloud, blockchain and data storage. Its combination of hardware and software solutions include ultra-secure internal signing and authorization flows with a multi-signature vault, hardware firewall and an AI-learning system designed to anticipate unique cyberattacks.