Cybersecurity Company Cymulate Raises $15 Million

Israeli cybersecurity startup Cymulate Ltd. raised a $15 million series B led by Vertex Growth Fund, with participation from Vertex Ventures Israel, Dell Technologies Capital, and Susquehanna Growth Equity. The round, announced Tuesday, brings the company’s equity raised to date to $26 million, after a $7.5 million series A round raised in March.

Cymulate was founded in 2016 by Israeli cyber sector veterans Avihai Ben-Yossef and Eyal Wachsman, the CEO, together with serial entrepreneur and investor Eyal Gruner. The company offers cybersecurity simulation software designed to automatically assess and validate enterprises’ security measures and controls. The company has 51 employees in Israel, the U.S., London, and Madrid.