What is Cybersixgill?
Founded in 2014 and headquartered in Tel Aviv, Israel, Cybersixgill specializes in analyzing and monitoring the deep and dark web to provide comprehensive threat intelligence. The company operates within the burgeoning cybersecurity market, offering B2B solutions that are crucial for organizations seeking to proactively identify and mitigate digital threats. Its focus on deep and dark web analysis positions it as a key player in uncovering hidden risks and actionable intelligence for enterprises.
How much funding has Cybersixgill raised?
Cybersixgill has raised a total of $55M across 3 funding rounds:
Series A
$5M
Unspecified
$15M
Series B
$35M
Series A (2016): $5M with participation from Elron Electronic Industries
Unspecified (2020): $15M led by REV Venture Partners, Elron Electronic Industries, Sonae IM, and Terra Venture Partners
Series B (2022): $35M supported by More Provident, Elron Ventures, Pension Funds, REV Venture Partners, and CrowdStrike Falcon Fund
Key Investors in Cybersixgill
REV Venture Partners
REV is a global venture capital partnership focused on transforming industries through the application of artificial intelligence, data, and analytics. Founded in 2000 and backed by RELX Group, REV invests in early to mid-stage companies, often leading rounds and taking active board seats. Their portfolio includes innovative companies across various sectors, such as legal technology, cybersecurity, and precision agriculture. REV seeks to support ambitious entrepreneurs and management teams dedicated to disrupting their markets and building category leaders.
Elron Electronic Industries
Elron Electronic Industries is an Israeli technology holding company based in Tel Aviv; since 1962 the company has been involved in setting up, funding and developing over 30 companies and is considered one of the foundation stones of the high-tech industry in Israel. The company's sectors of interest include clean technology, software, semiconductors, medical technology, telecommunications, defence and aerospace. Today, the combined annual revenues of the companies established by Elron are approximately $5 billion.
Sonae IM
Sonae IM is the technology investment arm of Sonae Group, a multinational exceeding €6 billion in revenues with core activities in retail and telecommunications. Sonae IM invests in retail and telecommunications technology companies, as well as in cybersecurity. Sonae IM has 33 direct investments, encompassing stakes in companies from early stage to growth stage and stakes in 20 companies through Armilar Venture Partners.
What's next for Cybersixgill?
The substantial enterprise-level funding indicates a strategic growth phase for Cybersixgill. This capital infusion is expected to fuel further development of its advanced cyber intelligence platform, enhance its market reach, and potentially expand its service offerings. The company's trajectory suggests a focus on solidifying its position as a leader in threat intelligence by leveraging its technological capabilities and expanding its client base globally.
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