Assaf Rappaport

About

Linx’s funding is being announced in a single sum, but more specifically, it’s coming in two tranches that speak to its momentum while in stealth. The latest is a $27 million round co-led by Index Ventures and Cyberstarts, and before that, Linx raised $6 million in a round led by Cyberstarts. Other investors in Linx speak to the founders’ reputation in the Israeli security community: they include Mickey Boodaei (Imperva, Trusteer, Transmit), Rakesh Loonkar (Trusteer, Transmit) and Assaf Rappaport and Yinon Costica (Wiz, Adallom). Other investors in the round are Cerca Partners and Knollwood Investment Advisory. [...] Ultimately, the Rappaport Rapport (heh) was pretty strong. When Duanis told Assaf he was thinking about forming a startup to focus on ID management, Assaf introduced him to Gili Raanan at Cyberstarts — kind of a kingmaker in Israeli cybersecurity. The seed deal was done within 24 hours and Linx Security was born. Linx is not disclosing who its customers are, nor much detail about how it works, but the basic idea goes a little something like this: Organizations typically use or have used hundreds, if not thousands, of different apps and software. Each will require user authentication, but when an app is no longer used regularly, or when workers come and go, a business might not comprehensively eliminate all of the identity information in sync with those changes. [...] Linx Security has been around for just over a year, but it has an interesting backstory. The t