30 June 2023

Cyware raises £30m

Written By FinTech Alliance in Cyber Security

Cyware raises £30m

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.”

Read more here.

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