Cybersecurity company Cyble announced the successful completion of its Series B funding round, securing an additional $6.2 million. In July, Cyble had secured $24 million in the initial tranche of its Series B funding. With this latest investment, the company has officially closed the entire funding round at $30.2 million.
Summit Peak Ventures (US) and King River Capital (US) spearheaded this funding initiative, featuring contributions from Care Super (Australia) and BlackBird Ventures (Australasia), along with other key investors. This recent funding milestone underscores the surging appetite for cutting-edge AI threat intelligence solutions in the industry.
“Our mission at Cyble is to democratize Cyber Threat Intelligence, to confront cyber threats head-on, and this funding catapults us further toward that goal,” noted Beenu Arora, Co-founder and CEO of Cyble.
“We’re thrilled to have the unwavering support of an expanded investor base that shares our goals and values. The world’s digital frontier demands innovation, and our investors’ trust fuels our relentless pursuit of cutting-edge AI-powered cybersecurity” he added.
Manish Chachada, Co-founder, and COO of Cyble, commented, “This capital infusion is a resounding vote of confidence in Cyble’s vision to reshape the cybersecurity landscape through the precise application of AI and ML technology.”
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.