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.

SecurityWeek News

September 7, 2022

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.

Written By SecurityWeek News

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