Israeli B2B cyber intelligence firm, Cybersixgill, 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 bolster customer momentum, continue funding innovation of its threat intelligence solutions, and grow sales and marketing to expand upon its global presence.
To date, Cybersixgill has already quadrupled its revenue and doubled its global footprint over the last three years with hundreds of customers including global enterprises, financial institutions, MSSPs, governments, and law enforcement agencies throughout North America, EMEA, and APAC.
Founded in 2014, Cybersixgill assists organizations to proactively identify and safeguard against phishing, data leaks, fraud, malware, and vulnerability exploitation with automated solutions in real-time. Cybersixgill’s platform sources threat intelligence from social media, instant messaging, and dark webs “to create a threat and risk intelligence data backbone that provides the context needed for customers to implement preemptive security responses that stop breaches in their tracks.”
“We are extremely pleased to be working with world-renowned cybersecurity investors and tech leaders committed to fueling innovation and delivering the best cybersecurity solutions on the market,” said Sharon Wagner, CEO of Cybersixgill. “As cybercrime rises faster and the velocity of ransomware attacks increases, the need for accurate and timely threat intelligence has never been greater. Through automation and machine learning, we have built the largest threat intelligence data lake that arms our customers with the earliest signals to stop attacks and secure their overall cybersecurity posture.”