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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.

Today in European Tech: Fresh funds for Icebreaker and Cusp Capital, FintechOS nabs $60 million, Dott raises $85 million, and more

Today in European Tech: Fresh funds for Icebreaker and Cusp Capital, FintechOS nabs $60 million, Dott raises $85 million, and more Deals - Micromobility startup Dott with headquarters in Paris and Amsterdam has secured $85 million in a Series B funding round. The capital injection was co-led by Belgium-based Sofina and UK-based Estari. - Helsinki-based investment firm Icebreaker has closed its second fund at €100 million and raised a separate €20 million that will be used to continue investments in existing portfolio companies. - Romania-born and London-based financial technology firm FintechOS has raised $60 million in a Series B round. Led by Draper Esprit, whose previous investments include Revolut and N26, the round also saw participation from existing investors LAUNCHub, Earlybird Digital East, Gapminder Ventures, and OTB Ventures.

Israeli financial analysis co DataRails raises $18 5m

Israeli financial analysis co DataRails raises $18 5m
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