# Cymulate

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

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.cymulate.com
- Total disclosed funding: $141M
- Latest round: Series D (Sep 6, 2022)
- Investors on record: 5

## About

Cymulate Ltd. is an Israel-based company specializing in cybersecurity solutions, focused on enhancing organizations' resilience through innovative exposure management and security validation technologies.Founded in 2016, Cymulate Ltd. operates from Tel Aviv, Israel, delivering advanced cybersecurity solutions. The company was co-founded by Avihai Ben-Yossef, Eyal Gruner, and Eyal Wachsman, with Eyal Wachsman currently serving as CEO. In September 2022, Cymulate raised USD 70 mn in Series D funding, led by One Peak, with participation from various prominent investors. This round brought the total amount raised to USD 70 mn, reflecting the company's strategic focus on innovative security solutions.Cymulate offers a comprehensive Exposure Management and Security Validation Platform designed to enhance cyber resilience for organizations across various industries. Their core product suite includes breach and attack simulation, continuous automated red teaming, and exposure analytics, all aimed at validating security controls and identifying potential vulnerabilities within IT infrastructures. Cymulate's platform enables security professionals to simulate real-world attack scenarios and assess the effectiveness of their defenses against immediate threats. The end users of this platform primarily consist of security teams within enterprises, including Chief Information Security Officers (CISOs) and security operations centers (SOCs), seeking to optimize their security posture and ensure compliance with industry standards. Cymulate markets its products globally, with a focus on North America, Europe, and Asia-Pacific regions, serving a diverse clientele that spans the financial services, energy, and technology sectors.Cymulate generates revenue primarily through subscription-based models for its security validation services, which allow clients to access the platform on an ongoing basis. Transactions typically occur through annual or multi-year subscriptions, providing clients with continuous access to the latest features, updates, and threat intelligence. The pricing structure is tiered, catering to organizations of varying sizes and needs, and includes options for customized solutions based on specific security requirements. Flagship products, such as the Cymulate Exposure Validation and Automated Red Teaming services, are at the forefront of their offerings, providing robust value in threat validation and security optimization. The company maintains a direct-to-business approach, focusing on building long-term relationships with its clients to deliver ongoing support and enhance their cybersecurity capabilities.In September 2022, Cymulate secured USD 70 mn in Series D funding, which will be utilized to expand its technology globally. The company aims to enhance its product offerings and is focused on entering new markets, with specific plans to target regions in North America, Europe, and Asia-Pacific. The funding will also support the development of new features and enhancements to its cybersecurity platform, ensuring that it meets the evolving needs of its clients.

## Funding rounds

- Series D, Sep 6, 2022, $70M — Vertex Ventures Israel, Susquehanna Growth Equity, One Peak, Dell Technologies Capital, Vertex Growth
- Series C, May 5, 2021, $45M — Vertex Ventures Israel, Susquehanna Growth Equity, One Peak, Dell Technologies Capital, Vertex Growth
- Series B, Nov 7, 2019, $15M — Vertex Ventures Israel, Susquehanna Growth Equity, Dell Technologies Capital, Vertex Growth
- Series A, Mar 13, 2019, $7.5M — Vertex Ventures Israel, Susquehanna Growth Equity, Dell Technologies Capital
- Series A, Mar 7, 2017, $3M — Susquehanna Growth Equity

## Investors

- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Series A, Series B, Series C, Series D
- Vertex Ventures Israel (https://capitalatlas.ai/funds/vertex-ventures-israel) — Series A, Series B, Series C, Series D
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series A, Series B, Series C, Series D
- Vertex Growth (https://capitalatlas.ai/funds/vertex-growth) — Series B, Series C, Series D
- One Peak (https://capitalatlas.ai/funds/one-peak) — Series C, Series D