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HackerU Acquires Cybint for $50 Million

Cybint CEO Roy Zur PR Pic

HackerU is an Israeli educational technology company specializing in cybersecurity and other digital skills programs. Cybint is an Israeli a SaaS-based cyber education company. Now they have become one as HackerU has bought out Cybint for $50 million.

One Israeli cybersecurity firm buys another; so it really is a dog eat dog world.

HackerU says that this acquisition grows its geographic footprint, while also expanding the company’s B2B offerings to reskill and upskill learners along all points in their career.

Founded in 2014, Cybint says that they address the human factor of cybersecurity. “We tackle the industry’s two greatest threats: the workforce shortage and the skills gap. We partner with organizations and higher education to empower the current and future workforce.”

Cybint’s solutions are developed by military cyber experts, industry professionals, and top-tier educators.

Founded in 2007 and with a $100 million in investments, HackerU partners with top-tier academic institutions and global enterprises to offer advanced, workforce and professional development programs in digital technology.

HackerU’s says that they ensure that all digital and cyber curricula remain relevant to current industry standards.

Startup Nation is known for its security companies. The Israel Defense Forces’ vaunted 8200 cyber security unit produces many new high tech security experts. With the Corona Virus forcing everyone to work from home, communicate through applications like Zoom and use all manner of software as a service programs on line security is more important than ever.

But there just aren’t enough cybersecurity experts to go around to meet all of the demand. And this is where Cybint comes into the picture.

HackerU explains that somewhere around 3.1 million cybersecurity vacancies were left unfilled in 2020 and that with 63% of corporations reported that their employees are underqualified in cybersecurity. And as if that were not enough, the Covid pandemic led to a dramatic increase in cybercrime. Hackers took advantage of the digital transformation accelerated by lockdowns, leaving companies even more frantic to hire qualified cybersecurity professionals.

“Now is the time to further our mission of transforming lives by preparing people for the digital careers of tomorrow. We are proud to welcome the amazing Cybint team and their incredible portfolio of experience to the HackerU, now ThriveDX, family,” said Dan Vigdor, Co-Founder and Executive Chairman of HackerU. “The combination of our two companies’ positions the new ThriveDX group as the category leader worldwide and solidifies our ability to reskill and upskill individuals at any stage of their professional life.”

“We are excited to join forces with HackerU in expanding ThriveDX, reskilling the workforce and upskilling the industry globally,” said Roy Zur, Founder and CEO of Cybint. “The Cybint team will support HackerU by signing additional partnerships and accelerating the development of software as a service (SaaS) training solutions with a strong emphasis on corporate training and cybersecurity education solutions globally.”

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