Cybersecurity Startup Pcysys Raises $10 Million

Israel-based cybersecurity startup Pcysys Ltd. has closed a $10 million series A funding round, the company announced Wednesday. The round was led by private equity firm Blackstone Group L.P and existing investor Canada-based homeland security fund AWZ Ventures Inc.

Founded in 2015, Pcysys develops cybersecurity software that enables enterprises to implement continuous cybersecurity tests into their network in order to detect system vulnerabilities. Pcysys employs a 50-person team , 35 of which are based in Israel, and has raised $15 million to date, according to the company’s statement.