CYFIRMA, a Singapore-based external threat landscape management company, raised pre-Series B funding from OurCrowd, and Larsen & Toubro’s L&T Innovation Fund.
Existing investors Goldman Sachs, Zodius Capital, and Z3 Partner also participated in the round. With the closing of this round, CYFIRMA has raised nearly $18 million to date.
The funds raised will be used for product innovation and entering new global markets in North America, Europe, and MENA region, in addition to growing the existing markets in SEA, including India, Singapore, and Japan. The funds will also be utilized for hiring across verticals and brand building.
Kumar Ritesh, Founder, and CEO, of CYFIRMA, says: “Adding OurCrowd and L&T Innovation Fund to our capital table is exactly what we need to take our company to the next level. We recognize the critical role that Israel plays in the cybersecurity market in delivering groundbreaking technology and OurCrowd has been at the forefront of cybersecurity innovation, with a rich history of making markets and helping create some of the most successful startups in the industry. By partnering with them, CYFIRMA will benefit from an unparalleled wealth of knowledge and experience, allowing us to continue advancing our platforms.”
By combining cyber intelligence with attack surface discovery and digital risk protection, CYFIRMA’s cloud-native, non-intrusive SaaS platform gives customers predictive, personalized, contextual, outside-in, and multi-layered insights in a single pane of glass.
Company: CYFIRMA Holdings Pte. Ltd.
Raised: Undisclosed
Round: pre-Series B
Funding Month: April 2023
Lead Investors: OurCrowd and Larsen & Toubro’s L&T Innovation Fund
Additional Investors: Goldman Sachs, Zodius Capital, and Z3 Partner
Company Website: https://www.cyfirma.com/
Software Category: External Threat Landscape Management
About the Company: CYFIRMA is an external threat landscape management platform company that combines cyber intelligence with attack surface discovery and digital risk protection to deliver the early warning, personalized, contextual, outside-in, and multi-layered insights. Its cloud-based AI and ML-powered analytics platforms provide the hacker’s view with deep insights into the external cyber landscape, helping clients prepare for impending attacks. CYFIRMA is headquartered in Singapore with offices in Japan, India, the US, and the EU. Customers include both governments as well as Fortune 500 companies across manufacturing, financial services, retail, industrial products, natural resources, and pharmaceutical industries.
Source: https://www.cyfirma.com/news/external-threat-landscape-management-co-cyfirma-raises-pre-series-b-funding-from-larsen-toubro-and-israel-based-ourcrowd/