What is Cymulate?
Founded in 2016, Cymulate provides a sophisticated SaaS-based breach and attack simulation (BAS) platform. The company's core value proposition lies in its ability to empower organizations to proactively identify security gaps by simulating real-world attack vectors. By providing actionable insights into where an enterprise is exposed and offering precise remediation guidance, Cymulate enables security teams to transition from reactive defense to a continuous, risk-based security model. This approach is essential for modern enterprises managing complex, hybrid IT environments where traditional penetration testing cycles are no longer sufficient to mitigate evolving cyber risks.
How much funding has Cymulate raised?
Cymulate has raised a total of $137.5M across 4 funding rounds:
Series A
$7.5M
Series B
$15M
Series C
$45M
Series D
$70M
Series A (2019): $7.5M, investors not publicly disclosed
Series B (2019): $15M led by Vertex Ventures Israel, Dell Technologies, Vertex Growth Fund, and Susquehanna Growth Equity
Series C (2021): $45M supported by One Peak Partners, Vertex Ventures, Dell Technologies Capital, Susquehanna Growth Equity, and Vertex Growth Fund
Series D (2022): $70M featuring Vertex Ventures, Susquehanna Growth Equity, Dell Technologies Capital, and One Peak Partners
Key Investors in Cymulate
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software, leveraging their experience as former founders and operators.
Susquehanna Growth Equity
Founded in 2006, Susquehanna Growth Equity is a growth equity fund focused on software, SaaS, data, internet, healthcare technology, and financial technology.
Dell Technologies Capital
Dell Technologies Capital is a venture investment team that focuses on early-stage investments in companies developing innovative enterprise technologies, particularly in cybersecurity and AI.
What's next for Cymulate?
With the recent influx of capital, Cymulate is well-positioned to scale its global operations and deepen its technological moat. The company is expected to focus on enhancing its automated threat intelligence capabilities and expanding its footprint within the enterprise security market. As organizations continue to prioritize resilience, Cymulate's platform is poised to become a foundational component of the security operations center (SOC) stack. The strategic alignment with its primary investors suggests a continued focus on product innovation and the pursuit of category-defining leadership in the BAS space.
See full Cymulate company page
