Cyber Security Startup SafeBreach Raises $15M

July 27, 2016 | Israeli cyber security company SafeBreach has closed a $15 million Series A funding round. The round includes new investors Deutsche Telekom Capital Partners, Hewlett Packard Pathfinder and Maverick Ventures, along with previous investors Sequoia Capital and Shlomo Kramer. With the new funding, the company, which has developed continuous security validation, will expand R&D, sales and marketing positions to more effectively meet demand from customers and partners. Based in Tel Aviv, CEO Guy Bejerano and CTO Itzik Kotler, veterans of the IDF Air Force and IDF Intelligence unit 8200, founded SafeBreach in 2014. The company has raised $19 million to date including the latest financing round and has 30 employees.