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Cymulate Raises $45M in Series C Funding for Continuous Security Testing Led by One Peak

Cymulate Raises $45M in Series C Funding for Continuous Security Testing Led by One Peak NEW YORK and RISHON LETZION, Israel, May 5, 2021 /PRNewswire/ Cymulate, the industry standard SaaS based Continuous Security Validation platform leveraging the MITRE ATT&CK framework end-to-end, announced today a Series C funding round of $45M, led by One Peak, together with existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital. Cymulate has raised $71M to date, including a seed investment from Eyal Gruner. The funding will be used to further accelerate Cymulate s impressive growth as the company closed 2020 with double the revenue year-over-year and grew its staff by over 150%. Cymulate serves hundreds of customers including leading enterprises and F500 companies and most recently announced a partnership with global telecom giant

Cymulate Raises $45 Million to Grow Its Attack Simulation Platform

By Mike Lennon on May 05, 2021 Israeli cybersecurity testing firm Cymulate announced today that it has raised $45 million through a Series C funding round. The Series C round was led by One Peak, with participation from existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.   Cymulate has raised $71 million to date, including a $15 million Series B round in November 2019, and a $3 million Series A round in March 2017. Founded by Eyal Wachsman and Avihai Bar Yosef, the company offers a cloud-based security validation platform that helps organizations test their security controls by running thousands of attack simulations, shows points of exposure, and provides remediation guidance. The platform can assess the security of various systems, such as email, Windows Domain Network configurations, web servers, web traffic, and more.

Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations – TechCrunch

Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations With cybercrime on course to be a $6 trillion problem this year, organizations are throwing ever more resources at the issue to avoid being a target. Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of strong demand from the market for its tools. Cymulate, which lets organizations and their partners run machine-based attack simulations on their networks to determine vulnerabilities and then automatically receive guidance around how to fix what is not working well enough, has picked up $45 million, funding that the startup co-headquartered in Israel and New York will be using to continue investing in its platform and to ramp up its operations after doubling its revenues last year on the back of a customer list that now numbers 300 large enterprises and mid-market companies, includin

Israeli cybersecurity co Cymulate raises $45m

Israeli cybersecurity co Cymulate raises $45m Cymulate has developed a platform to validate an organization s cyber posture continuously and on-demand. Israeli cybersecurity company Cymulate today announced the completion of a $45 million Series C financing round led by One Peak, together with existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital. Cymulate has now raised $71 million to date. The funding will be used to accelerate revenue growth. In 2020, Cymulate doubled revenue year-over-year and expanded its work force by over 150%. Cymulate serves hundreds of customers including leading enterprises and F500 companies and most recently announced a partnership with global telecom giant NTT.

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