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Home News

Cyble Raises $24M in Series B Funding

August 3, 2023
Reading Time: 2 mins read
in News

 

Threat intelligence firm Cyble has successfully secured $24 million through a Series B funding round, propelling the total investment in the company to exceed $38 million.

The funding initiative was jointly led by Blackbird Ventures and King River Capital, with notable participation from investors like January Capital, Spider Capital, and Summit Peak Ventures, among others. Established in 2019 and headquartered in Atlanta, Georgia, Cyble specializes in leveraging artificial intelligence to offer comprehensive cybersecurity solutions. These solutions encompass cyber risk management, encompassing activities such as monitoring, detection, analysis, and remediation, all integrated into a unified platform.

Cyble’s innovative application of AI’s predictive and analytical capabilities allows it to take a proactive approach in delivering timely intelligence to aid clients in responding effectively to evolving cyber threats. The firm is particularly adept at collecting intelligence from various online sources, including the deep, dark, and surface web. With a global presence across 11 countries, Cyble caters to a diverse clientele, ranging from government entities and Fortune 50 corporations to burgeoning startups.

The recent funding infusion is earmarked for advancing Cyble’s AI-driven security solutions, a move that aligns with the company’s mission to bolster cyber defense imperatives as technology and threats continue to evolve.

CEO and co-founder Beenu Arora expressed Cyble’s commitment to equipping businesses and individuals with advanced insights and AI-powered tools to safeguard their digital landscapes. The additional resources are also anticipated to expedite the firm’s global expansion, fortifying its position as a leading player in the dynamic field of cybersecurity.

References:
  • Threat intelligence startup Cyble lands $24M investment
  • Cyble raises $24 million to enhance its AI-driven security solutions
Tags: August 2023Cyber NewsCyber News 2023CyberattackCybersecurityCybleSeries BStartupsVulnerabilities
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