# Cybellum

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cybellum

- Industry: IT Security/Cybersecurity
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.cybellum.com
- Total disclosed funding: $15M
- Latest round: Series A (Jul 28, 2020)
- Investors on record: 3

## About

Based in Tel Aviv-Yafo, Israel, and founded in 2016 by Michael Engstler and Slava Bronfman, Cybellum Ltd. operates as a cybersecurity company that offers zero-day prevention solutions for companies. In July 2020, Cybellum Ltd. raised USD 12 million of series A funding, led by new investor RSBG Ventures GmbH, with participation from returning investors Target Global and Blumberg Capital. The firm was acquired by LG Electronics in September 2021 for USD 240 million. 

The firm operates as a software supply chain that detects and assesses vulnerabilities in connected vehicle services and hardware to develop and maintain secure connected products. The Cybellum platform monitors every strand of code for their exposure to risk, allowing manufacturers to take action immediately and eliminate any cyber risk before any harm is done. The software scans for new emerging vulnerabilities, identifying potential threats impacting certain makes, models, and manufacturing series. 

Cybellum plans to accelerate its strong growth through expanded sales, marketing, and engineering programs. Additionally, it will enable the adoption of Cybellum's Risk Assessment platform and Digital Twin approach by more industries, enabling them to scale vulnerability management operations.

## Funding rounds

- Series A, Jul 28, 2020, $12M — Blumberg Capital, Target Global, RSBG Ventures
- Seed, Jan 24, 2017, $2.5M — Blumberg Capital

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Seed, Series A
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A
- RSBG Ventures (https://capitalatlas.ai/funds/rsbg-ventures) — Series A