Industrial Cybersecurity Firm SynSaber Launches With $2.5M in Seed Funding

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SynSaber, a new industrial cybersecurity company, announced its launch this week with $2.5 million in seed funding from SYN Ventures, Rally Ventures and Cyber Mentor Fund.

SynSaber The Chandler, Arizona-based company was founded in 2020 by Jori VanAntwerp, who serves as the company’s CEO, and Ron Fabela, its CTO. VanAntwerp previously worked at Gravwell, industrial cybersecurity firm Dragos, CrowdStrike, McAfee and FireEye. Fabela also worked at Gravwell and Dragos, as well as several other major companies.

SynSaber is working on developing an industrial asset and network monitoring solution designed to provide “continuous insight into status, vulnerabilities, and threats.”

The company says its technology-agnostic solution relies on low-hardware sensors that can be placed anywhere to obtain total visibility into an organization’s industrial environment, including IIoT devices, mechanical systems, and legacy computing devices. Organizations will be able to integrate the solution with their existing products.

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"SynSaber plans to put hero over hardware by empowering industrial operators rather than overwhelming them, making great operators even better," said VanAntwerp. "SynSaber will be delivering a game-changing approach to industrial visibility and security, as the solution will be the first to be deployed on-prem or in the cloud and can integrate seamlessly with existing current technology investments."

The seed money will be used by the company for product development, channel relationships and go-to-market sales.

SynSaber expects its product to become generally available later this year.

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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