Cybord Raises A $4M Seed Investment Led By Il Ventures To Disrupt The Electronics Manufacturing Industry
PRIVATEMar 08, 2022
Amount Raised
$4 Million
Round Type
Seed
HerzliyaHardwareSoftwareScience And EngineeringArtificial IntelligenceConsumer Electronics
Description
Cybord, an innovative software solution that implements AI & Big Data technology, announced today that it raised a $4M Seed investment led by IL Ventures, a VC fund focused on transformational technologies for legacy industries, with co-investment by the Israel Innovation Authority.
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Company Information
Company
Cybord
Location
Herzliya, Tel Aviv, Israel
About
Cybord's software solutions monitor placements on SMT lines in real time and eliminates use of nonconforming electronic components during product assembly, while arming OEMs and EMSs with a new level of visibility and traceability.
Using AI and big data, Cybord's technology detects counterfeit, defective and tampered components, including hardware-based cyber security threats. Component defects are addressed during placement and before reflow, thus simplifying rework and improving product reliability. By integrating with MES systems, nonconforming material is placed on quarantine and prevented from use.
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HerzliyaHardwareSoftwareScience And EngineeringArtificial IntelligenceConsumer Electronics