Cymulate, the industry pioneer in SaaS-based Continuous Security Validation (CSV) announced the next generation Extended Security Posture Management (XPSM) platform leveraging its native, Offensive.
New Cymulate Cyclone platform enhances threat hunting and defensive capabilities to proactively protect networks; provides additional revenue source for service providers NEW YORK and
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).
Cymulate Announces Exceptional Revenue and Company Growth in 2020
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NEW YORK and RISHON LETZION, Israel, Jan. 13, 2021 /PRNewswire/
Cymulate, the only SaaS-based Continuous Security Validation platform to operationalize the MITRE ATT&CK® framework end-to-end, today announced it has achieved 200% revenue growth globally and 300% growth in North America in 2020 new bookings. The company attained 90% customer retention with the number of employees increasing by over 150% over the last 12 months as operations extended across Europe and the US to support sales.
New partnerships established in 2020 with Pax8, a cloud solutions provider and Ingram Micro, one of the largest technology solution enablers as well as more expected partnerships, are one of the key factors expected to fuel 2021 s growth. Cymulate became the only BAS vendor to offer its solution through the AWS Marketplace, enabling security validation customers to immedi