Cymulate Closes $70M Series D Funding Round

By Orbit Brain September 8, 2022 0 314 views

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Cymulate Closes $70M Sequence D Funding Spherical

By SecurityWeek Information on September 07, 2022

Cymulate, a late-stage Israeli startup within the breach and assault simulation area, has closed a $70 million Sequence D funding spherical led by current investor One Peak.

The corporate, which maintains twin headquarters in Tel Aviv and New York, stated the spherical additionally included investments from Susquehanna Development Fairness (SGE), Vertex Ventures Israel, Vertex Development and Dell Applied sciences Capital.

Since its launch in 2016, Cymulate has raised $141 million to construct know-how to assist companies automate the method of steady safety testing.

Cymulate markets know-how for breach and assault simulation, assault floor administration, steady automated red-teaming and superior purple teaming.

The corporate stated the Sequence D funding will probably be used on market growth and international progress initiatives.

Cymulate says it has greater than 500 clients globally, together with Fortune 500 firms and strategic companions comparable to Optiv and Wipro.

Associated: Assault Simulation Agency Cymulate Raises $15 Million

Associated: Cymulate Raises $45 Million to Develop Its Assault Simulation Platform

Associated: Cyber Assault Simulation Startup Cymulate Raises $three Million

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