Cyble, an Atlanta, Georgia-based cybersecurity startup specializing in threat intelligence, has successfully raised $24 million in Series B funding, bringing its total raised to $38.6 million to date.
The round was co-led by Blackbird Ventures and King River Capital, with additional participation from Spider Capital, January Capital, Summit Peak Ventures, and other investors.
The new cash will be put toward Cyble’s general R&D, co-founder, and CEO Beenu Arora says, as well as market expansion.
“This investment stands as a testament to the hard work our team has been investing to execute toward our vision,” he added in a press release. “With this investment, we’re able to significantly ramp up our product investments and our global marketing efforts.”
Cyble focuses on providing threat intelligence, which involves collecting and analyzing data to understand the motives of malicious actors. Cyble's threat intelligence platform monitors both dark web and surface web data to identify and mitigate digital risk footprints for companies.
Company: Cyble, Inc.
Raised: $24.0M
Round: Series B
Funding Month: July 2023
Lead Investors: Blackbird Ventures and King River Capital
Additional Investors: Spider Capital, January Capital, and Summit Peak Ventures
Company Website: https://cyble.com/
Software Category: Threat Intelligence
About the Company: Founded in 2019 by Beenu Arora and Manish Chachada, Cyble is a global threat intelligence SaaS provider that helps enterprises protect themselves from cybercrimes and exposure on the Surface web, Deepweb, and Darkweb. Cyble builds custom threat-hunting solutions for customers, including government agencies and Fortune 50 brands.
Source: https://techcrunch.com/2023/07/31/threat-intelligence-startup-cyble-lands-24m-investment/