What is Cymulate?
Founded in 2016, Cymulate offers a comprehensive SaaS-based breach and attack simulation platform designed to help organizations proactively identify and remediate security vulnerabilities. By simulating real-world cyber threats, Cymulate provides actionable insights into an organization's exposure, enabling them to strengthen their defenses. The company operates within the rapidly evolving cybersecurity landscape, where continuous assessment and adaptation are critical for maintaining robust security postures against sophisticated threats.
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 Dell, Vertex Growth Fund, Susquehanna Growth Equity, and Vertex Ventures Israel
Series C (2021): $45M supported by Vertex Ventures, One Peak Partners, Vertex Growth Fund, Dell Technologies Capital, and Susquehanna Growth Equity
Series D (2022): $70M featuring Susquehanna Growth Equity, Dell Technologies Capital, Vertex Ventures, 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. They focus on partnering with and investing in early-stage infrastructure and SaaS companies, leveraging their experience as former founders and operators.
Susquehanna Growth Equity
Susquehanna Growth Equity is a growth equity fund focused on software, SaaS, data, internet, healthcare technology, and financial technology. The company is headquartered in Bala Cynwyd, Pennsylvania.
Dell Technologies Capital
Dell Technologies Capital is a venture investment team that focuses on early-stage investments in companies developing innovative enterprise technologies, primarily in sectors such as cybersecurity, AI/ML, and data analytics.
What's next for Cymulate?
With its recent major strategic investment and substantial overall funding, Cymulate is well-positioned for accelerated growth. The company is likely to leverage this capital to enhance its platform capabilities, expand its market reach, and potentially pursue strategic partnerships or acquisitions. Continued investment in R&D will be crucial for staying ahead of emerging cyber threats and maintaining its competitive edge in the breach and attack simulation market. The company's trajectory suggests a focus on scaling its operations and solidifying its position as a leader in proactive cybersecurity solutions.
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