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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 ....

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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. ....

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Over 50% Increase of Unique Cyber Threats in the Wild in 2020, Cymulate's Continuous Security Testing Report Reveals


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). ....

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