CYREBRO clinches $40 million Series C for security operations center platform
The Israeli startup eliminates the extremely costly endeavor of building an in-house security operations center, with its platform providing full-visibility of the existing security posture while delivering highly advanced cybersecurity
CYREBRO, which develops Security Operations Center (SOC) infrastructure, announced on Wednesday a $40 million Series C investment led by Koch Disruptive Technologies (KDT), alongside new investor Elaia. Existing investors Mangrove Capital Partners, Prytek, Bank Mizrahi, and InCapital Group also participated in the round.
CYREBRO eliminates the extremely costly endeavor of building an in-house SOC, which is difficult to develop and maintain. With its plug-and-play installation, the platform provides full-visibility of the existing security posture while delivering highly advanced cybersecurity with fast and efficient responses to cyber threats. End customers benefit from a complete SOC Infrastructure offering with advanced 24/7/365 capabilities, including threat intelligence and hunting, forensic investigation and incident response.
The company, founded in 2012 by COO Dudu Jansenson and CEO Nadav Arbel, said it registered a 300% year-over-year growth from December 2020 to 2021, with committed monthly revenues tripling from 2019 to 2021. CYREBRO currently employs 150 people in Israel, New York, Toronto, Ukraine and Costa Rica.