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Cymulate clinches $70 million Series D for continuous security validation platform

Cymulate clinches $70 million Series D for continuous security validation platform

The Israeli startup has developed a comprehensive platform for organizations to validate their cyber posture continuously and on-demand by testing their cloud and on-premise networks against the latest threats

CTech | 15:13  06.09.2022

Israeli cybersecurity startup Cymulate, which has developed a SaaS-based continuous security validation platform, has raised a $70 million Series D. The round was led by One Peak, which also led its $45 million Series C last May. Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and strategic backer Dell Technologies Capital also participated in the funding. The new round doubles Cymulate’s total raised to $141 million. According to TechCrunch, the company was valued in the round at around $500 million.

Cymulate CEO Eyal Wachsman. Cymulate CEO Eyal Wachsman. Cymulate CEO Eyal Wachsman.

Cymulate, which has developed a comprehensive platform for organizations to validate their cyber posture continuously and on-demand by testing their cloud and on-premise networks against the latest threats, serves hundreds of customers including leading enterprises and Fortune 500 companies.

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Cymulate was founded in 2016 by Israeli cyber sector veterans Eyal Wachsman (CEO) and Avihai Ben-Yossef (CTO).

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