Cyscale, a software developer of data protection solutions and applications in the cloud, raised €3 million in Seed funding.
The round was led by Notion Capital, with participation from Seedcamp, GapMinder, Micha Hernandez van Leuffen, and David Mytton.
Startups will use this investment to grow their teams and products to develop internationally, especially in the UK market.
Company: Cyscale Limited
Round: Seed Round
Funding Month: May 2022
Lead Investors: Notion Capital
Additional Investors: Seedcamp, GapMinder, Micha Hernandez van Leuffen, and David Mytton
Company Website: https://cyscale.com/
Software Category: Cloud Management
About the Company: Founded in Cluj in 2019 by Manuela Sikdean, Ovidiu Sikal, and Andrey Mira. Cyscale is a startup that develops software solutions that protect data stored in the cloud and performs risk data analysis. Cyscale Cloud Platform empowers Security teams worldwide to take the correct approach and implement a strong Cloud Security Program. Cyscale’s mission is to help companies of all sizes to start, improve and maintain their Cloud Security Program based on the industry best practices. Cyscale was named "The Best Technology Startup in 2020" in the InnovX accelerator program. The startup currently has 15 employees, users, and partners from Romania, the United Kingdom, Singapore, Germany, France, and the United States.