Israel-based Cyberbit Ltd., a provider of cyber range training and simulation platforms, announced on Monday that it has received a $30 million investment from Claridge Israel.
Cyberbit offers a cyber range for simulated cyber training, and a detection and response platform to help protect an organization’s attack surface across IT, OT and IoT networks.
Founded in 2015, Cyberbit is a subsidiary of Elbit Systems and has offices in Israel, Unites States, Europe, and Asia.
With the funding, Cyberbit says it will expand sales and marketing, primarily in North America, boost product development, and enhance customer and partner support.
“Cyberbit’s growth in just three years has been remarkable,” said Rami Hadar, Managing Director at Claridge Israel. “This growth is driven by a unique product portfolio that addresses several of the most pressing industry problems, a solid go-to-market strategy and a highly capable team that is executing successfully and creating a leadership position in several markets.”
For more than 10 years, Mike Lennon has been closely monitoring the threat landscape and analyzing trends in the National Security and enterprise cybersecurity space. In his role at SecurityWeek, he oversees the editorial direction of the publication and is the Director of several leading security industry conferences around the world.
More from Mike Lennon
- ‘No Evidence’ of Cyberattack Related to FAA Outage, White House Says
- SecurityWeek to Host 2022 ICS Cybersecurity Conference October 24-27 in Atlanta
- Google Completes $5.4 Billion Acquisition of Mandiant
- Cybersecurity Firm ZeroFox Begins Trading on Nasdaq via SPAC Deal
- HUMAN Security and PerimeterX Merge on Mission to Combat Bots
- Last Call: CFP for ICS Cybersecurity Conference Closes July 15th
- Johnson Controls Acquires Tempered Networks to Shield Buildings From Cyberattacks
- Snowflake Launches Cybersecurity Workload to Find Threats Across Massive Data Sets
Latest News
- SecurityWeek Analysis: Over 450 Cybersecurity M&A Deals Announced in 2022
- 20 Million Users Impacted by Data Breach at Instant Checkmate, TruthFinder
- Cyber Insights 2023 | Zero Trust and Identity and Access Management
- Cyber Insights 2023 | The Coming of Web3
- European Police Arrest 42 After Cracking Covert App
- Florida Hospital Cancels Procedures, Diverts Patients Following Cyberattack
- VMware ESXi Servers Targeted in Ransomware Attack via Old Vulnerability
- Fraudulent “CryptoRom” Apps Slip Through Apple and Google App Store Review Process
