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New Cymulate Cyclone platform enhances threat hunting and defensive capabilities to proactively protect networks; provides additional revenue source for service providers NEW YORK and
/PRNewswire/ Cymulate, the industry standard SaaS based Continuous Security Validation platform leveraging the MITRE ATT&CK® framework end-to-end, announced.
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
Over 50% Increase of Unique Cyber Threats in the Wild in 2020, Cymulate s Continuous Security Testing Report Reveals
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NEW YORK and RISHON LETZION, Israel, March 3, 2021 /PRNewswire/ Cymulate, the only SaaS-based Continuous Security Validation platform to operationalize the MITRE ATT&CK® framework end-to-end, announced today a summary of its platform usage in 2020, illustrating the dramatic influence of the global pandemic on the security landscape.
Highlights include:
A significant uplift in awareness of phishing attacks across all industries as employees improved their high-risk score from 66.3 in 2019 to a new low of 18.1 in 2020 (on a scale of 0-100).