Cybord raises $4M in seed funding
Cybord, a Herzlya, Israel-based provider of an electronics manufacturing industry software solution that implements AI & Big Data technology, raised $4M in Seed funding. The round was led by IL Ventures with co-investment by the Israel Innovation Authority. The company intends to use the funds to advance its R&D and product offering as well as to expedite business growth into additional verticals such as telecom, automotive, defense, and healthcare. Led by CEO Zeev Efrat and Dr. Eyal Weiss, Cybord provides an innovative software solution that implements AI & Big Data technology for Zero-Trust compliance of electronic components to ensure no counterfeit, high quality, no malware-tempering, and surgical traceability for electronics manufacturers. Advanced AI and Big-Data software are used to inspect, qualify, and track every component and electronic board. With Cybord, 100% of components are checked and provide surgical traceability, thus eliminating any possible use of counterfeit, damaged, or tampered components.