Cybersecurity Company Siemplify Raises $14 Million

New York-headquartered cybersecurity company Siemplify, registered as Cyarx Technologies Ltd., has raised $14 million in a Series B round, the company announced Tuesday. Founded in 2015 with additional offices in Tel Aviv, the company provides security orchestration, automation and response tools to enterprises.

Jump Capital led the round, with participation from existing investors G20 Ventures and 83North. Jump Capital partner Saurabh Sharma will be joining Siemplify's board of directors. The current round brings the company's total equity funding to $28. The company will use the funding for sales and marketing and for product development.