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CybSafe raises $7.9M Series A led by IQ Capital for its ‘behavioral’ cybersecurity platform
Cybersecurity startup CybSafe, a “behavioral security” platform, has raised $7.9 million in a Series A funding round led by IQ Capital with participation from Hanover Digital Investments (HDI) GmbH and B8 Ventures. The investment round will be used to focus on expanding its enterprise and midmarket client base. CybSafe is a SaaS product with a per-user-based, subscription licensing model.
As most people in tech know, the big concern with security isn’t so much the system as the people. Indeed, 90% of U.K. data breaches are generally due to human error, for instance. ....

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