Cytactic, a New York and Tel Aviv-based cyber crisis readiness and management startup, has secured $16 million in seed funding. 

Investors

The round was led by Evolution Equity Partners. 

Founded in 2008, Evolution Equity Partners is a growth capital investment firm based in New York, New York. The firm prefers to invest in cybersecurity, enterprise software, big data, machine learning, artificial intelligence, SaaS, and mobile sectors. It is a Registered Investment Adviser (RIA). 

Use of Funds 

The company will use the funding to scale its operations globally and expand its network of professional partnerships, responding to the growing demand for robust cybersecurity solutions. 

About Cytactic 

Founded in 2022 by Nimrod Kozlovski, Cytactic is a cybersecurity company that focuses on cyber crisis readiness, response, and management. It offers a Software-as-a-Service (SaaS) solution designed to help organizations prepare for and effectively manage cyber incidents. The platform integrates tools for crisis preparation, incident response coordination, and recovery planning. 

Funding Details 

Company: Cytactic Cyber Management Ltd. 

Raised: $16.0M 

Round: Seed Round 

Funding Month: July 2024 

Lead Investors: Evolution Equity Partners 

Additional Investors: 

Company Website: https://www.cytactic.com/ 

Software Category: Cybersecurity 

Source: https://www.cytactic.com/news