Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Application Security

Cymulate Closes $70M Series D Funding Round

Cymulate, a late-stage Israeli startup in the breach and attack simulation space, has closed a $70 million Series D funding round led by existing investor One Peak.

Cymulate, a late-stage Israeli startup in the breach and attack simulation space, has closed a $70 million Series D funding round led by existing investor One Peak.

The company, which maintains dual headquarters in Tel Aviv and New York, said the round also included investments from Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital. 

Since its launch in 2016, Cymulate has raised $141 million to build technology to help businesses automate the process of continuous security testing.

Cymulate markets technology for breach and attack simulation, attack surface management, continuous automated red-teaming and advanced purple teaming. 

The company said the Series D funding will be used on market expansion and global growth initiatives. 

Cymulate says it has more than 500 customers globally, including Fortune 500 companies and strategic partners such as Optiv and Wipro. 

Related: Attack Simulation Firm Cymulate Raises $15 Million 

Related: Cymulate Raises $45 Million to Grow Its Attack Simulation Platform 

Advertisement. Scroll to continue reading.

Related: Cyber Attack Simulation Startup Cymulate Raises $3 Million 

Written By

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Understand how to go beyond effectively communicating new security strategies and recommendations.

Register

Join us for an in depth exploration of the critical nature of software and vendor supply chain security issues with a focus on understanding how attacks against identity infrastructure come with major cascading effects.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Vulnerabilities

Less than a week after announcing that it would suspended service indefinitely due to a conflict with an (at the time) unnamed security researcher...

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Data Protection

The cryptopocalypse is the point at which quantum computing becomes powerful enough to use Shor’s algorithm to crack PKI encryption.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

Identity & Access

Zero trust is not a replacement for identity and access management (IAM), but is the extension of IAM principles from people to everyone and...

Data Breaches

OpenAI has confirmed a ChatGPT data breach on the same day a security firm reported seeing the use of a component affected by an...