In this installment of our 9-part series, we feature our portfolio company, Cylus, a railway cybersecurity solution that helps mainline and urban railway companies avoid safety incidents and service disruptions caused by cyber attacks.

1. Vertex Perspectives
Railway Cybersecurity
Cylus helps mainline and urban railway
companies avoid safety incidents and
service disruptions caused by cyber-attacks

2. Company Snapshot
TEAM INVESTORS HIGHLIGHTS
Founders • Founded in early 2017
• HQ: Tel-Aviv, Israel
• Series A
• Multiple recognitions
• Participated in Thales’ Cyber@StationF
cybersecurity program
• Strong ties in the rail ecosystem with
leading companies and associations
Amir Levintal, CEO
Former director of the cyber R&D
division of the Israel Defense
Force’s Elite Technological Unit. He
has over 20 years of experience in
managing cyber, hardware and
software R&D multi-disciplinary
projects and products.
Miki Shifman, VP R&D
With over 10 years of experience
in software engineering, research
and management, He is a veteran
leader in the development of
cybersecurity projects, receiving
high military honors for
extraordinary contributions to
national security.
Zohar Zisapel

3. Industry Challenges
The rail operational network is no longer isolated.
As railway systems grow more digital, and connected, they become
vulnerable to new cyber threats, which cannot be handled well by
existing security measures such as physical and electrical isolation.
In the past…
• Air gapped
• Isolated networks
• Electro-mechanical
In present day…
• Wireless connectivity
• Remote monitoring
• Computerized systems
Resulting in increasing cybersecurity threats due to…
• IT and IT convergence
• Digitized and wireless-based
• Combination of modern and legacy systems
• Design focused on safety, not security
Key Priorities of the Rail Industry:
• Safety
• Service Availability
• Passenger Safety
• Profitability

4. Solution Overview
CylusOneTM the first-to-market cybersecurity solution
that meets the specific needs of mainline and urban
rail systems –
CylusOne for Signaling - Protects trackside
signaling and control networks.
CylusOne for Rolling Stock - Secures onboard
operational and passenger comfort systems.
Providing optimal security and operational
safety with:
• Continuous threat detection
• Real-time visibility
• Effective response and forensics insights
Key advantages
• Rail specific
• No impact on safety
• Vendor agnostic
• Intuitive interface
• Straightforward deployment
CylusOne for Signaling
CylusOne for Rolling Stock

5. Solution Overview
Video link: http://www.youtube.com/watch?v=8feDjCX1rI0

6. Competitive Advantage
• First-to-market cybersecurity solution dedicated to rail’s
needs
• Patent-pending technology
• Deep expertise in both cyber and rail
• Strong partnerships with major rail integrators and operators
• Acknowledged by leading industry organizations
Railway Cybersecurity Market Worth USD 12.6B by 2027
Railway cybersecurity services market is estimated to grow at the
highest CAGR during the forecast period… As cyberattacks keep
evolving, the need for support and maintenance services keeps
increasing over the lifetime of the cybersecurity solutions. The
growing demand for safe and secure connected railway
infrastructure will propel the demand for cybersecurity services.
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7. Thanks for reading!
About Vertex Ventures
Vertex Ventures is a global network of operator-investors who manage portfolios
in the US, China, Israel, India and Southeast Asia. Vertex teams combine first-hand
experience in transformational technologies, on-the-ground knowledge in the
world’s major innovation centers and global context, connections and customers.
Contributors
Disclaimer
This presentation has been compiled for informational purposes only. It does not constitute a recommendation to any party. The presentation relies on data and insights from a wide range of sources including public and private companies, market research firms, government agencies and
industry professionals. We cite specific sources where information is public. The presentation is also informed by non-public information and insights. Information provided by third parties may not have been independently verified. Vertex Holdings believes such information to be reliable
and adequately comprehensive but does not represent that such information is in all respects accurate or complete. Vertex Holdings shall not be held liable for any information provided. Any information or opinions provided in this report are as of the date of the report and Vertex Holdings
is under no obligation to update the information or communicate that any updates have been made.
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Vertex Perspectives: Cybersecurity Series
• Cybersecurity | Risk, Impact, Innovations
• Cybersecurity | Axonius: Asset Management Platform
• Cybersecurity | Cylus: Railway Cybersecurity
• Cybersecurity | Cymulate: Breach & Attack Simulation
• Cybersecurity | D-fend: Counter-Drone Solutions for Urban Environments
• Cybersecurity | Indegy: Industrial Cybersecurity
• Cybersecurity | Meta Networks: NaaS Software Defined Perimeter
• Cybersecurity | PerimeterX: Next Generation Bot Defense
• Cybersecurity | Very Good Security: SaaS Platform for Data Security