After Symantec exit, Javelin founders raise $20 million for new cyber bet Raven
The Israeli startup aims to secure applications at runtime as threats accelerate.
Cybersecurity startup Raven has raised $20 million in early-stage funding to protect applications while they are running.
The round combines a Seed investment led by Norwest Venture Partners with a post-Seed extension led by Elron Ventures. Additional backing came from a mix of Israeli and international investors, including UpWest, RedSeed, SentinelOne, Jibe Ventures and Elron’s CyberFuture microfund.
The company said the funds will be used to accelerate product development, expand go-to-market activity in the United States and grow its workforce.
Raven was founded by CEO Roi Abitboul, CTO Guy Franco and chief research officer Omer Yair. The three previously worked together at Javelin Networks, founded by Abitboul and Franco, a cybersecurity company that was acquired by Symantec in 2022.
Their experience there shapes Raven’s central argument that while enterprise security has evolved to protect endpoints and cloud infrastructure, the application layer remains comparatively exposed.
“EDR protects workstations. CNAPP protects infrastructure,” Abitboul wrote in a post announcing the funding. “But nobody was protecting what actually runs the business, the application itself.”
The company’s approach focuses on what it describes as runtime protection, monitoring and intervening in attacks as they unfold inside the application, rather than relying on known vulnerabilities or pre-existing signatures. According to Raven, most existing tools stop at the operating system or container level, treating applications as opaque systems rather than environments where attacks are actively executed.
Raven’s technology, the company says, operates inside the application itself, at the level of libraries and execution paths, with the goal of identifying and blocking malicious behavior in real time, even in cases where no known vulnerability has yet been documented.
