MCLEAN, Va., June 1, 2017 /PRNewswire/ -- Cyren (NASDAQ:
CYRN), a leading internet Security as a Service provider, was
awarded a grant of ILS 3.33 million (approximately $0.93 million USD) by the Israeli Innovation
Authority (IIA) at Israel's Ministry of Economy and
Industry.
The grant is part of Israel's
initiative that provides benefits to Israeli companies in order to
encourage research and development activity for cybersecurity
solutions. Cyren received a similar grant in 2016 and 2015.
"Having been awarded two previous grants from the IIA program, I
am especially pleased to announce this latest grant that further
accelerates innovation in our cloud-delivered cybersecurity
solutions," said Lior Kohavi, CTO at
Cyren. "Cyren's Security as a Service solutions, relied upon by
some of the world's largest organizations, continue to receive
industry praise for their combination of fast threat detection,
accuracy and affordabilty."
About Cyren
Cyren (NASDAQ and TASE: CYRN) protects
more than 600 million users against cyber attacks and data breaches
through its cloud-based web security, email security, DNS security
and cloud sandboxing solutions. Relied upon by many of the world's
largest technology companies such as Dell, Google, McAfee and
Microsoft, Cyren offers enterprise-focused security-as-a-service
solutions as well as embedded solutions for software and security
providers. Cyren's global cloud security platform processes more
than 17 billion daily transactions and uses innovative zero-day
protection technology to proactively block over 130 million threats
each day. Learn more at www.cyren.com.
Blog: blog.cyren.com
Facebook: www.facebook.com/CyrenWeb
LinkedIn: www.linkedin.com/company/cyren
Twitter: www.twitter.com/CyrenInc or twitter.com/cyren_ir
Media Contact:
Matthew
Zintel
Zintel Public Relations
281.444.1590
matthew.zintel@zintelpr.com
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SOURCE Cyren