# Cyesec

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

- Industry: Software
- Headquarters: Herzliya, Israel
- Website: www.cyesec.com
- Total disclosed funding: $120M
- Latest round: Series A (Feb 10, 2021)
- Investors on record: 2

## About

Based in Herzliya, Israel, and founded in 2012 by Reuven Aronashvili, Haim Aharoni, Gabi Levenberg, Matan Chen, and Eyal Greenberg, Cyesec Ltd. operates as a cybersecurity company. The company's founder and current CEO, Reuven Aronashvili, was part of the inception of Israel's Red Team/Section 21, the cyber warfare unit of the army. In January 2025, Cyesec Ltd., a portfolio company of EQT and 83 North, acquired TLV Partners, FJ Labs, and Surround Ventures for an undisclosed amount.

The company has two main offerings, of which the first is a cloud-based platform, Hyver, which is sold on a subscription basis and uses a data-driven approach to map a company's dataflows, authorizations and the impact of any potential breach. The platform then identifies vulnerabilities and determines threat levels for each of them. Furthermore, the firm also provides a CISO-as-a-service facility via a conjunction of analytical software and former Red Team operatives' expertise to assess a company's cybersecurity and possible improvements.

## Funding rounds

- Series A, Feb 10, 2021, $120M — EQT, 83 North

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Series A
- 83 North (https://capitalatlas.ai/funds/83-north) — Series A