What is Cylus?
Founded in 2017, Cylus operates at the intersection of cybersecurity and industrial infrastructure. The company provides advanced, purpose-built solutions designed to detect and mitigate cyber threats specifically targeting rail-way signaling and control systems. As rail networks increasingly adopt digital technologies to improve efficiency, the attack surface for malicious actors has expanded, making the specialized protection offered by Cylus essential for operational continuity and public safety. Their platform integrates seamlessly into existing rail environments, providing real-time visibility and threat intelligence that traditional IT security tools often overlook.
How much funding has Cylus raised?
Cylus has raised a total of $42M across 2 funding rounds:
Series A
$12M
Series B
$30M
Series A (2019): $12M with participation from Cyient, Christian Kern, GlenRock, Zohar Zisapel, Vertex Ventures, SBI, Cerca Partners, Magma Venture Partners, and FollowTheSeed
Series B (2021): $30M led by Magma Venture Partners, Strides International Business, GlenRock Israel, Vertex Ventures, Ibex Investors, and Vertex Growth Fund
Key Investors in Cylus
Magma Venture Partners
Magma VC is a venture capital firm focused on investing in innovative startups, particularly in Israel, providing capital and strategic guidance to help them grow their businesses.
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software, focusing on infrastructure and SaaS companies.
Cerca Partners
Cerca Partners is a prominent co-investment venture capital fund that specializes in identifying and investing in promising Israeli tech startups across sectors including cybersecurity.
What's next for Cylus?
With the support of this major enterprise-level funding, Cylus is well-positioned to scale its operations and deepen its research and development efforts. The strategic roadmap likely includes expanding its presence in international markets where rail modernization is a top priority for national governments and private operators alike. By leveraging the expertise of its high-profile investor base, the company is expected to refine its threat detection algorithms and potentially explore new verticals within the broader critical infrastructure security landscape. The focus remains on maintaining a competitive edge in a niche yet vital market, ensuring that the backbone of global transit remains resilient against sophisticated digital adversaries.
See full Cylus company page
