Cyolo

Cyolo was founded in 2019 by Almog Apirion, Dedi Yarkoni, and Eran Shmuely. The company operates as a private startup, with its research and development based in Israel. In 2022, Cyolo raised a $60M Series B funding round led by National Grid Partners and Standard Investments, bringing its total funding to over $85M. The core product is a Zero Trust Network Access (ZTNA) platform designed to secure remote access across both IT and Operational Technology (OT) environments.

Cyolo develops a ZTNA platform that enables secure, identity-based access to network resources. The primary use case is facilitating remote and third-party access to critical internal systems. Cyolo specifically targets industrial, manufacturing, and critical infrastructure companies operating OT and ICS (Industrial Control Systems) networks. The technical differentiator of the platform is its distributed architecture: Cyolo does not store customer encryption keys, passwords, or identity provider (IdP) data in its own cloud environment. This ensures that even if the Cyolo cloud is compromised, attackers cannot access customer networks.

The company competes in the secure remote access and ZTNA space against vendors like Zscaler, Perimeter 81, and Twingate. Cyolo distinguishes itself from pure cloud-delivered SASE competitors by supporting on-premises and offline deployments, which are mandatory requirements for many industrial facilities operating legacy equipment.

Cyolo maintains its primary R&D operations in Israel. The founding team is Israeli, with CEO Almog Apirion having previously served as the Chief Information Security Officer (CISO) of the Israeli Navy. The company's funding rounds include investments from Israeli venture capital firm Glilot Capital Partners. Local hiring focuses on backend engineers, cybersecurity researchers, and product teams.