New Series C funding round
IN BRIEF:
The funding round was led by Ten Eleven Ventures
Existing investors also joined including Advent International, Zscaler, Emerald Development Managers, Prelude, Mercato Partners, and Great Road Holdings
The company intends to use the new funds to accelerate its growth, focus on its channel business and strategic alliances, and to extend its global footprint
What does this mean?
Cyware CEO and Co-founder Anuj Goel said, “Security teams today face an overwhelming amount of data, but silos across data, processes, and technologies make it very challenging to see the bigger picture and proactively stop threats. Our mission at Cyware is to break down these silos, integrate threat intelligence into SOC operations, make it easy for teams to automate response, and act immediately to anticipate and stop threats.”