Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

Skybox Security Shuts Down and Sells Assets

February 26, 2025
Reading Time: 2 mins read
in Incidents
Skybox Security Shuts Down and Sells Assets

Skybox Security, once a prominent cybersecurity startup, has abruptly shut down, leaving its entire workforce laid off in both Israel and the United States. The closure follows the sale of the company’s business and technology assets to rival Israeli cybersecurity firm Tufin. This unexpected shutdown has affected approximately 300 employees, with 100 based in Israel and 200 in the United States. Skybox’s website was also taken offline, and the company’s CEO, Mordecai Rosen, could not be reached for comment.

Over the years, Skybox raised around $335 million in funding from venture capital and private equity, with the most recent investment coming in February 2023. Despite this financial backing, the company has been unable to continue its operations and is now liquidating its assets. The company’s exit marks a significant shift in the cybersecurity landscape, particularly in the network security policy management sector, where Skybox had been a key player.

Tufin, which specializes in network security policy management, has acquired Skybox’s technology and business assets.

The Israeli firm is positioning itself as a lifeline for Skybox’s customers, ensuring a smooth transition following the shutdown. Tufin CEO Ray Brancato publicly reassured affected clients, emphasizing the company’s financial stability and commitment to assisting with the changeover.

Tufin has introduced a new program called Tufin ExpressPath for Skybox Customers, which provides specialized tools, guidance, and expertise to help organizations secure their networks without disruption. This initiative aims to support former Skybox clients during this uncertain time and ensure that they continue to receive the cybersecurity services they need.

Reference:

  • Skybox Security Shuts Down and Sells Assets to Tufin After Raising $335 Million
Tags: cyber incidentsCyber Incidents 2025Cyber threatsFebruary 2025
ADVERTISEMENT

Related Posts

Luxembourg Probes Huawei Tech Outage

Luxembourg Probes Huawei Tech Outage

August 4, 2025
Luxembourg Probes Huawei Tech Outage

Hackers Leak Alleged Aeroflot Data

August 4, 2025
Luxembourg Probes Huawei Tech Outage

Dermatology Clinics Hit by Data Breach

August 4, 2025
Everest Ransomware Hits Mailchimp

Everest Ransomware Hits Mailchimp

August 1, 2025
Everest Ransomware Hits Mailchimp

Cyberattack Hits French Natural History Museum

August 1, 2025
Everest Ransomware Hits Mailchimp

Russia Faces Second Major Cyberattack

August 1, 2025

Latest Alerts

Fake OAuth Apps Breach Microsoft 365

Akira Hits SonicWall VPNs in Zero‑Day

PlayPraetor Trojan Android Devices

Dahua Camera Flaws Enable Remote Hacking

NOVABLIGHT Steals Logins and Crypto

PyPI Warns of Email Phishing Attack

Subscribe to our newsletter

    Latest Incidents

    Hackers Leak Alleged Aeroflot Data

    Luxembourg Probes Huawei Tech Outage

    Dermatology Clinics Hit by Data Breach

    Everest Ransomware Hits Mailchimp

    Cyberattack Hits French Natural History Museum

    Russia Faces Second Major Cyberattack

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial