Zeroport raises $10m to secure remote access for banks

By Vriti Gothi

Israeli cybersecurity firm Zeroport has raised $10 million in seed funding to expand its non-IP-based remote access technology into global markets, as enterprises reassess the security of traditional VPN and IP-based connectivity models.

The funding round was led by Lool Ventures, with participation from Clarim Ventures, CyberFuture, backed by Elron Ventures and Fusion Fund. The company said the capital will support expansion into North America and Asia-Pacific, product development for its flagship Fantom platform, and team growth from 25 to 40 employees over the next year.

Zeroport positions its technology as an alternative to conventional IP-based remote access systems, which have faced mounting scrutiny following a series of high-profile breaches involving VPN infrastructure. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) was among the organisations affected by vulnerabilities in VPN devices, underscoring systemic risks associated with IP-based network access.

The global secure remote access market is estimated at $30 billion and is growing at approximately 20% annually, driven by hybrid work models and increased digitisation across critical sectors. However, most existing solutions rely on IP communications, which can expose internal networks to malware infiltration and data exfiltration if compromised.

Zeroport’s Fantom platform uses patented hardware to create what it describes as a “non-IP bridge” at the network boundary. Inbound traffic is restricted to human interaction signals, while outbound traffic is limited to display-only pixel streams. The company claims that this physical separation prevents network packets from entering or leaving the protected environment, thereby eliminating common attack vectors.

The approach is aimed at sectors where security concerns have historically limited remote connectivity, including critical infrastructure, power utilities, financial services, defence and industrial control systems (ICS). Zeroport said its technology has enabled remote monitoring and maintenance capabilities that were previously considered too risky under conventional models. In one instance, a systems integrator reportedly reduced annual travel costs by $5 million by replacing on-site interventions with secure remote access.

Zeroport has participated in Singapore’s CyberBoost Catalyse programme and counts CyberFuture a venture initiative comprising CISOs from large enterprises including Siemens Energy — among its backers. The company holds multiple patents covering its technology.

Founded by cybersecurity professionals with backgrounds in Israel’s military intelligence community, including alumni of the IDF’s Unit 81, Zeroport is seeking to capitalise on growing demand for secure remote operations as digital transformation initiatives extend deeper into sensitive industrial and financial environments.