Cybersecurity Startup CyberObserver Raises $8 Million

Israel-based CyberObserver Ltd. has completed an $8 million series B funding round, the company announced Wednesday. The round was led by U.S.-based cybersecurity company Merlin International Inc. Founded in 2011, CyberObserver develops a cybersecurity management service that consolidates security management reports, helping security and IT teams gain real-time insights across the entire cybersecurity ecosystem. The company has raised $12 million to date and employs 11 people, according to Pitchbook data.