Cyabra, a Tel Aviv, Israel-based SaaS platform that measures authenticity and impact within online conversations, today announced the completion of a $5.6 million series A funding round led by OurCrowd. The new funds bring Cyabra’s total funding close to $7.6 million raised.
Additional investors in this round include Founders Fund (Peter Thiel’s fund), Harpoon Ventures, Alabaster, Accomplice, Brian Norgard (former CPO of Tinder), Red Sheperd Ventures, Will Graylin (former GM of Samsung Pay), Summus Z, TAU Ventures and Capital Y Management to further fuel the company’s growth efforts to continue to detect inauthentic narratives and examine the influence of conversations online.
This round will be utilized to build out a robust research and development team to support the platform's ongoing expansion, with an emphasis on adding sales and marketing teams to capture a global market.
The funding round will support the release of several new capabilities which expand and advance the analytical solutions Cyabra offers, playing a critical role in the increase of authentic conversations, consumer influence, trends, and ultimately, the success and reputation of companies.
Company: Cyabra Strategy Ltd.
Raised: $5.6M
Round: Series A
Funding Month: October 2021
Lead Investors: OurCrowd
Additional Investors: Founders Fund, Harpoon Ventures, Alabaster, Accomplice, Brian Norgard, Red Sheperd Ventures, Will Graylin, Summus Z, TAU Ventures, and Capital Y Management
Company Website: https://cyabra.com/
Software Category: Inauthentic Narrative & Disinformation Detection Platform
About the Company: Cyabra breaks through the layers of online conversations in real-time to connect dots, gauge authenticity and measure the snowball impact. Cyabra protects from disinformation and deepfakes (a.k.a fake news). The platform’s powerful lens offers customers the ability to understand genuine narratives, discover trends and reach true audiences. Founded by a team of leading information warfare experts, Cyabra’s executives use their experience to reverse engineer the technology of bad actors and study online media trends, helping customers keep a pulse on genuine conversations and counter disinformation.
Source: https://www.globenewswire.com/news-release/2021/10/26/2320556/0/en/Inauthentic-Narrative-Disinformation-Detection-Platform-Cyabra-Announces-5-6M-Series-A-Funding-Round-New-Snowball-Effect-Analysis-Tools.html