Total amount raised
$44.8 Millions
Latest funding date
11/01/2023
Location
Cyble has successfully raised $30.2 million in its latest Series B funding round, attracting a total of 14 investors including King River Capital and Summit Peak Investments. The company specializes in AI-driven cybersecurity solutions, offering a range of products and services designed to enhance threat intelligence and security management.
Keep reading to explore the intricacies of Cyble's fundraising journey and the investors backing this innovative platform.
What Is Cyble?
Cyble, founded in 2019, is headquartered in Cupertino, California, with additional offices in Australia, Malaysia, Singapore, Dubai, Saudi Arabia, and India. The company was established by Beenu Arora and Manish Chachada.
Specializing in AI-driven threat intelligence, Cyble offers a comprehensive range of cybersecurity solutions. These include threat intelligence, dark web monitoring, attack surface management, and vulnerability management, among others.
With a workforce of 251-500 employees, Cyble empowers governments and enterprises to safeguard their infrastructure by providing critical intelligence and enabling rapid detection, prioritization, and remediation of security threats.
How Much Funding Has Cyble Raised?
- Pre-Seed Round
- Amount Raised: $90K
- Date: August 2019
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial funding to develop the core technology and establish the company.
- Pre-Seed Round
- Amount Raised: $70K
- Date: February 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue product development and early market testing.
- Pre-Seed Round
- Amount Raised: $50K
- Date: May 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance product features.
- Pre-Seed Round
- Amount Raised: $50K
- Date: October 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operations and initial customer acquisition.
- Pre-Seed Round
- Amount Raised: $200K
- Date: February 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the product and enter new markets.
- Pre-Seed Round
- Amount Raised: $125K
- Date: February 2021
- Lead Investors: Y Combinator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To gain mentorship and resources from Y Combinator.
- Seed Round
- Amount Raised: $4M
- Date: April 2021
- Lead Investors: Blackbird Ventures, Spider Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand the team.
- Series A
- Amount Raised: $10M
- Date: February 2022
- Lead Investors: Blackbird Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance AI capabilities.
- Series B
- Amount Raised: $24M
- Date: July 2023
- Lead Investors: Blackbird Ventures, King River Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand global presence and enhance product offerings.
- Series B
- Amount Raised: $6.2M
- Date: November 2023
- Lead Investors: King River Capital, Summit Peak Investments
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To advance AI capabilities and accelerate R&D initiatives.
Total Amount Raised: $44.965M. Current Valuation: Not publicly disclosed.
Key Investors
- King River Capital
- Details: King River Capital is a US-based venture capital firm. They have been involved in multiple funding rounds for Cyble, including the Series B round.
- Investment Focus Areas: Technology companies, high-growth startups.
- Notable Investments: Not publicly disclosed.
- Summit Peak Investments
- Details: Summit Peak Investments is a US-based venture capital firm. They led the Series B funding round for Cyble.
- Investment Focus Areas: Early-stage venture capital, technology startups.
- Notable Investments: Not publicly disclosed.
- Blackbird Ventures
- Details: Blackbird Ventures is a venture capital firm based in Australasia. They have participated in multiple funding rounds for Cyble, including the Series A and Series B rounds.
- Investment Focus Areas: Technology startups, innovation, high-growth companies.
- Notable Investments: Not publicly disclosed.
- Spider Capital
- Details: Spider Capital is a venture capital firm. They participated in the Seed round for Cyble.
- Investment Focus Areas: Not explicitly mentioned.
- Notable Investments: Not publicly disclosed.
- Y Combinator
- Details: Y Combinator is a well-known startup accelerator based in the United States. They provided pre-seed funding to Cyble.
- Investment Focus Areas: Early-stage startups, technology, innovation.
- Notable Investments: Not publicly disclosed.
What's Next for Cyble?
Cyble's future looks promising as it leverages its recent $30.2 million Series B funding to advance AI capabilities and expand its global footprint. The company aims to enhance its threat intelligence products, Cyble Vision and Cyble Hawk, while also strengthening partnerships with offerings like Cyble Odin and AmIBreached. This positions Cyble to tap into the growing demand for AI-driven cybersecurity solutions, a market with significant potential.
With substantial financial backing, Cyble is well-placed for future fundraising opportunities to support its ambitious growth plans. However, the company will need to navigate challenges such as intense competition and the rapidly evolving threat landscape. Ensuring the scalability and reliability of its AI-powered products will be crucial for sustained success.
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