What is Cymulate?
Founded in 2016, Cymulate offers a Software-as-a-Service (SaaS) platform designed to help organizations proactively identify and remediate security vulnerabilities. By simulating real-world cyberattacks, Cymulate provides actionable insights into an organization's security posture, enabling them to strengthen their defenses against evolving threats. The company operates within the critical cybersecurity market, focusing on breach and attack simulation to offer a continuous and comprehensive approach to security testing.
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 Susquehanna Growth Equity, Vertex Growth Fund, Dell Technologies, and Vertex Ventures Israel
Series C (2021): $45M supported by Dell Technologies Capital, Vertex Growth Fund, Vertex Ventures, One Peak Partners, and Susquehanna Growth Equity
Series D (2022): $70M featuring Dell Technologies Capital, Susquehanna Growth Equity, One Peak Partners, and Vertex Ventures
Key Investors in Cymulate
Dell Technologies Capital
Dell Technologies Capital is a venture capital firm that invests in early-stage technology companies, particularly those focused on data, security, and DevOps. They provide investments in companies developing innovative enterprise technologies.
Vertex Growth Fund
Vertex Growth is a venture capital fund that partners with exceptional entrepreneurs and promising companies poised for growth, focusing on creating category champions. They provide expansion capital and strategic support to their portfolio companies.
One Peak Partners
One Peak is a growth equity firm investing in technology companies in the scale-up phase, providing growth capital to exceptional entrepreneurs to transform businesses into lasting, category-defining leaders.
What's next for Cymulate?
With the recent major strategic investment, Cymulate is poised for accelerated growth and innovation. The company is likely to leverage this capital to enhance its platform capabilities, expand its market reach, and potentially explore new security domains. The ongoing support from key investors suggests confidence in Cymulate's business model and its ability to address the increasing complexity of cyber threats faced by enterprises globally. Future developments may include deeper integration with existing security stacks and advanced threat intelligence features.
See full Cymulate company page
