What is Cymulate?
Founded in 2016, Cymulate provides a sophisticated SaaS-based breach and attack simulation platform. The company's core value proposition lies in its ability to empower organizations to identify security gaps in real-time. By simulating potential cyber threats, Cymulate allows security teams to visualize their exposure and implement remediation strategies before an actual breach occurs. This proactive approach is essential for enterprises navigating an increasingly hostile digital environment, where traditional perimeter defenses are often insufficient against evolving attack vectors.
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, Dell Technologies, Vertex Growth Fund, and Vertex Ventures Israel
Series C (2021): $45M supported by One Peak Partners, Susquehanna Growth Equity, Dell Technologies Capital, Vertex Ventures, and Vertex Growth Fund
Series D (2022): $70M featuring Dell Technologies Capital, Susquehanna Growth Equity, Vertex Ventures, and One Peak Partners
Key Investors in Cymulate
Dell Technologies Capital
A venture investment team focusing on early-stage investments in companies developing innovative enterprise technologies, with a strong emphasis on cybersecurity and AI.
Susquehanna Growth Equity
A growth equity fund specializing in software, SaaS, and financial technology, providing strategic capital to scale-up phase companies.
Vertex Ventures
An early-stage venture capital firm that supports founders building a smarter digital economy through B2B software and infrastructure solutions.
What's next for Cymulate?
With the infusion of $70M, Cymulate is well-positioned to accelerate its product roadmap and expand its global market footprint. The company is expected to focus on enhancing its automation capabilities and deepening its integration with existing enterprise security stacks. As the demand for continuous security validation grows, Cymulate's strategic focus will likely remain on scaling its platform to meet the needs of large-scale, complex organizations, while maintaining its competitive edge in the cybersecurity software market. The continued support from its diverse investor base provides the necessary resources to sustain this momentum and drive long-term innovation.
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