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Cymulate Raises $70 Million for SaaS Continuous Security Validation Platform


Cymulate COO Sharon Nakash Facebook pic

Cymulate, an Israeli cyber security startup that offers a SaaS-based Continuous Security Validation platform has raised $70 million in a series Series D round of funding led by One Peak. Cymulate has now raised a total of $141 million to date.

Founded in 2016 by Israeli cyber sector veterans Eyal Wachsman (CEO) and Avihai Ben-Yossef (CTO), Cymulate is a SaaS-based breach and attack simulation platform. The company boasts that its platform makes it simple to “know and optimize your security posture any time, all the time and empowers companies to safeguard their business-critical assets. With just a few clicks, Cymulate challenges your security controls by initiating thousands of attack simulations, showing you exactly where you’re exposed and how to fix it—making security continuous, fast and part of every-day activities.”

There is a reason why cybersecurity startups are so valuable today. Hackers are not only motivated by money or politics. They often just like being malicious. So even small companies need to be on their guard and be sure to properly protect their systems.

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And everyone uses cloud computing, whether they know it or not. Enterprises use it for their servers and to store data and users of simple software use it whenever they take advantage of an online service like Google Docs. Even the big companies like Microsoft are now offering just about all of their software as an online service.

Cymulate’s SaaS-based Continuous Security Validation platform plays a critical role in empowering organizations to automatically assess and improve their overall security posture. Simulations of the latest threats in the wild test an organization’s security defenses and controls, across the entire kill chain of attack vectors and APT attack configurations, individually and interconnected.

Eyal Wachsman told TechCrunch that Cymulate is, “providing our customers with a different approach for how to do cybersecurity and get insights [on] all the products already implemented in a network.”



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