Financing round fuels Exeon Analytics’ international expansion

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04.05.2021
Exeon solution
The Swiss cybersecurity provider Exeon Analytics AG has set itself the goal of becoming the leading "network detection and response" provider in Europe. Well-known investors see the potential of the Swiss solution and support the project with know-how and funds amounting to more than CHF4 million.

Hacker attacks have increased massively in recent years, and even the best prevention solutions have vulnerabilities that are regularly discovered and exploited. Compromised networks therefore remain undetected for a long time - according to various studies for several weeks or even months. And this is where Exeon's solutions come in: with fast and straightforward detection algorithms, it is possible to identify and stop attacks and data theft in the shortest possible time.  

The ETH spin-off Exeon Analytics already has a wide customer base in Switzerland, including two of the five largest Swiss banks and well-known logistics companies. The first major customers have also already been acquired in Germany and Austria. 

For the European expansion, Exeon relies on the established platform ExeonTrace and complements it with "Visibility NOW", which allows to gain an overview of network activities within the shortest possible time and to detect hacker attacks before they cause damage. Since Exeon's solutions work completely without hardware, they are particularly suitable for decentralized, large-scale networks of large companies. 

With the successful financing round of more than CHF4 million, further expansion can now be driven forward rapidly. Well-known private investors and industry experts are on board. The strong revenue growth in the Swiss market and the important new international customer additions have convinced the investors of Exeon's excellent business potential.  

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