Cyber Security Startup LightCyber Raises $20M

 June 22,2016 | Israeli cyber security company LightCyber has closed a $20 million financing round. The round was led by the US-based group, Access Industries, through its Israeli technology investments entity, Claltech, and network security luminary Shlomo Kramer, who joined the LightCyber board of directors last year. Existing investors Battery Ventures, Glilot Capital Partners and Amplify Partners also participated in this latest financing round. With offices in Ramat Gan and the US, LightCyber was founded in 2012 by CPO Giora Engel and CTO Michael Mumcuglu. The company provides Behavioral Attack Detection solutions and its products have been deployed by top-tier customers around the world in industries including the financial, legal, telecom, government, media and technology sectors.