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Cybersecurity Company Siemplify Raises $30 Million

Cybersecurity Company Siemplify Raises $30 Million

The New York-headquartered startup provides enterprise-grade cybersecurity orchestration, automation, and response tools

Hagar Ravet | 14:00  20.05.2019
New York-headquartered cybersecurity company Siemplify, registered as Cyarx Technologies Ltd., has raised $30 million in a series C financing round, the company announced Monday. The round was led by Toronto-based equity firm Georgian Partners. Existing investors 83North, G20 Ventures, and Jump Capital also participated. To date, Siemplify has raised $58 million.

Founded in 2015 with additional offices in Tel Aviv, Siemplify provides enterprise-grade security orchestration, automation, and response tools.

“Enterprises today have to use 50 or 60 different cybersecurity systems, each targeting a specific area,” Amos Stern, co-founder and CEO of Siemplify, told Calcalist in an interview Monday. “Only a small group of security tools have built-in integration with other tools,” he added. “More than integration, Siemplify’s system provides infrastructure for operation management and automation.”

Siemplify founders Alon Cohen (left), Amos Stern, Garry Fatakhov. Photo: Siemplify Siemplify founders Alon Cohen (left), Amos Stern, Garry Fatakhov. Photo: Siemplify Siemplify founders Alon Cohen (left), Amos Stern, Garry Fatakhov. Photo: Siemplify

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