# Vulcan Cyber

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vulcan-cyber

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.vulcan.io
- Total disclosed funding: $69M
- Latest round: Series B (Nov 15, 2023)
- Investors on record: 5

## About

Based in Tel Aviv, Israel, and founded in 2018 by Yaniv Bar Dayan, Tal Morgenstern and Roy Horev, Vulcan Cyber Ltd. develops Vulcan, a cybersecurity platform that enables the automation of vulnerability remediation processes, prioritization of business-critical vulnerabilities, and integration of existing security and enterprise systems for complete visibility. In March 2021, Vulcan Cyber Ltd. raised USD 21 million in a Series B funding led by Dawn Capital, with participation from Wipro Ventures, Ten Eleven Ventures and YL Ventures. The company has raised a total of USD 35 million in funding.  Yaniv Bar-Dayan is the CEO of Vulcan Cyber Ltd.

Vulcan Cyber Ltd. provides a risk-based remediation platform, which is SaaS built platform for complete risk-based redemption from prioritization to getting fix done. The platform prioritizes the severity of risk, remediate the risk, and measures remediation outcomes and provides analytics on enterprise cyber security posture and risk. In addition, the platform integrates with various integrations including AWS EC2, BurpSuite, Crowdstike, Servicenow CMDB, Microsoft SCCM, Qualys and more. The company’s solutions include vulnerability management, application security and cloud security. 

Vulcan Cyber Ltd. generates revenue through subscription of its product packages which include Vulcan Standard (USD 999 per month), Vulcan Pro (USD 2,997 per month) and Vulcan Enterprise. The company observed a 500% growth in annual recurring revenue (ARR) in the fiscal year 2020.

Vulcan Cyber Ltd. will use the funding to enhance direct sales, expand its channel program and managed security service provider (MSSP) relationships, accelerate product R&D, enhance its freemium strategy with Remedy Cloud, a free database of vulnerability intelligence, and introduce Vulcan Free, free risk-based vulnerability management (RBVM) platform for vulnerability and cyber risk prioritization.

## Funding rounds

- Series B, Nov 15, 2023, $34M — Dawn Capital, Ten Eleven, Wipro Ventures, Maor Investments
- Series B, Mar 17, 2021, $21M — YL Ventures, Dawn Capital, Ten Eleven, Wipro Ventures
- Series A, Jun 26, 2019, $10M — YL Ventures, Ten Eleven
- Seed, May 30, 2018, $4M — YL Ventures

## Investors

- YL Ventures (https://capitalatlas.ai/funds/yl-ventures) — Seed, Series A, Series B
- Ten Eleven — Series A, Series B
- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Series B
- Wipro Ventures (https://capitalatlas.ai/funds/wipro-ventures) — Series B
- Maor Investments (https://capitalatlas.ai/funds/maor-investments) — Series B