Xorlab secured €1.2 million in funding from Spicehaus Partners AG

Xorlab, a Zurich, Switzerland-based cybersecurity startup announced that it has secured a €1.2 million ($1.3 m) investment round.

The financing round was led by Spicehaus Partners AG through its Spicehaus Swiss Venture Fund.

Xorlab, founded in 2015 by Antonio Barresi, is a cybersecurity startup developing security software solutions for businesses and organizations to protect against sophisticated cyber attacks.

Xorlab provides the ability to stop known and unknown attacks in their first phase, before native-code execution is achieved, without the use of signatures or patterns. This removes the need for updates and having to know any details about the incoming attack.