Israeli B2B cyber-intelligence firm Cybersixgill has secured $35 million in a Series B funding round led by investors More Provident, Pension Funds and REV Venture Partners, the company announced this week.
The round also included participation from CrowdStrike Falcon Fund, Elron Ventures, OurCrowd and SonaelM and brings Cybersixgill’s total investment to $56 million. The new capital will be used to build momentum with customers, continue to fund innovation of its threat intelligence solutions, and expand sales and marketing to expand its global presence.
To date, Cybersixgill has already quadrupled its revenue and doubled its global footprint over the past three years with hundreds of customers including global enterprises, financial institutions, MSSPs, governments and IT organizations. law enforcement in North America, EMEA and APAC.
Founded in 2014, Cybersixgill helps organizations proactively identify and protect against phishing, data leaks, fraud, malware, and vulnerability exploitation with automated, real-time solutions. Cybersixgill’s platform sources threat intelligence from social media, instant messaging and dark websites “to create a backbone of threat and risk data that provides the necessary context for customers to implement pre-emptive security responses that stop breaches in their tracks.”
“We are extremely pleased to work with world-class cybersecurity investors and technology leaders who are committed to driving innovation and delivering the best cybersecurity solutions on the market,” said Sharon Wagner, CEO of Cybersixgill. . “As cybercrime grows faster and the speed of ransomware attacks increases, the need for accurate and timely threat intelligence has never been greater. Through automation and machine learning, we have builds the largest threat intelligence data lake that arms our customers with the first signals to stop attacks and secure their overall cybersecurity posture.