Cybersixgill secures $35 Million in Series B Funding
13 March, 2022
Funding Led by More Provident, Pension Funds and REV Venture Partners. “As cybercrime rises faster, the need for accurate and timely threat intelligence has never been greater.
Cybersixgill announced today the company has raised $35 million in Series B funding led by More Provident and Pension Funds and REV Venture Partners. Additional participating investors include CrowdStrike Falcon Fund, Elron Ventures, SonaeIM, and OurCrowd.
This latest investment brings the company’s total investment to $56 million. The company stated it will use the funds to build on customer momentum, continue innovation of Cybersixgill’s threat intelligence solutions, expand global footprint and grow sales and marketing.
“We are extremely pleased to be working with world-renowned cybersecurity investors and tech leaders committed to fueling innovation and delivering the best cybersecurity solutions on the market,” said Sharon Wagner [pictured above], CEO of Cybersixgill. “As cybercrime rises faster and the velocity of ransomware attacks increases, the need for accurate and timely threat intelligence has never been greater. Through automation and machine learning, we have built the largest threat intelligence data lake that arms our customers with the earliest signals to stop attacks and secure their overall cybersecurity posture.”
According to Cybersixgill, the company has experienced accelerated growth, quadrupling its revenue and doubling its global footprint in the last three years. Cybersixgill’s solutions harness the power of automatic collection and extraction of threat intelligence sourced from social media, instant messaging, and clear, deep, and dark webs to create a threat and risk intelligence data backbone that provides the context needed for customers to implement preemptive security responses that stop breaches in their tracks.
“We are thrilled to be investing in the outstanding team at Cybersixgill. This financing round will enable them to further strengthen their leading threat intelligence solutions whilst aggressively expanding their customer base,” said Kevin Brown, Founder Partner, REV.
Founded in 2014, Cybersixgill brings agility to cyber threat intelligence, with fully automatic threat intelligence solutions to help organizations proactively detect and protect against phishing, data leaks, fraud, malware, and vulnerability exploitation – enhancing cyber resilience and minimizing risk exposure in real-time. The company has hundreds of customers in North America, EMEA, and APAC, including global enterprises, financial institutions, MSSPs, government and law enforcement agencies.
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