Cymulate clinches $70 million Series D for continuous security validation platform
Cymulate clinches $70 million Series D for continuous security validation platform
The Israeli startup has developed a comprehensive platform for organizations to validate their cyber posture continuously and on-demand by testing their cloud and on-premise networks against the latest threats
Israeli cybersecurity startup Cymulate, which has developed a SaaS-based continuous security validation platform, has raised a $70 million Series D. The round was led by One Peak, which also led its $45 million Series C last May. Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and strategic backer Dell Technologies Capital also participated in the funding. The new round doubles Cymulate’s total raised to $141 million. According to TechCrunch, the company was valued in the round at around $500 million.
Cymulate, which has developed a comprehensive platform for organizations to validate their cyber posture continuously and on-demand by testing their cloud and on-premise networks against the latest threats, serves hundreds of customers including leading enterprises and Fortune 500 companies.
Cymulate was founded in 2016 by Israeli cyber sector veterans Eyal Wachsman (CEO) and Avihai Ben-Yossef (CTO).
