Memcyco

Memcyco is an innovative cybersecurity startup based in Israel, founded in 2021. The company's slogan, "Authenticity goes both ways," encapsulates its mission to provide real-time, AI-assisted digital risk protection for businesses and their customers. Memcyco aims to combat ATO fraud, PII theft, and ransomware, offering a next-generation agentless solution that safeguards online presence in the face of escalating digital impersonation attacks. Their latest milestone includes a significant $10.00MSeed Round investment, which took place on 24 May 2023. The investors in this round comprise Capri Ventures, Venture Guides, and Apple Core Holdings, signifying confidence from industry leaders in the potential of Memcyco's innovative approach. The company's focus on cybersecurity and information technology further underscores the relevance and timeliness of its offering in the current digital landscape. Through its demonstrated capabilities, Memcyco promises to provide robust defense against digital impersonation and ATO fraud attacks, offering real-time protection for both business entities and their customers. It stands out for its ability to identify and thwart attacks at an early stage, amplifying its value proposition in comparison to existing solutions. Additionally, Memcyco assures coverage during the 'window of exposure,' complemented by comprehensive attack visibility and enriched fraud risk predictions. Overall, Memcyco's innovative approach and recent investment underscore its potential to make a significant impact in the cybersecurity space.