ATLANTA, Aug. 2, 2023 — Cyble, a rapidly growing threat intelligence provider that combines cybersecurity and artificial intelligence to develop cutting-edge solutions, has secured a USD 24 million investment through Series B funding.
Cyble’s reputation as the preferred Dark Web and Threat Intelligence solution among cybersecurity experts has steadily risen, solidifying its position as a leading player in securing a safe digital future with advanced AI technologies.
The funding round, jointly led by Blackbird Ventures and King River Capital, with participation from Spider Capital, January Capital, Summit Peak Ventures, and others, will drive Cyble’s technical roadmap, mainly focusing on enhancing its AI-driven security solutions and expanding its global reach.
New investor Zeb Rice, co-founder at King River Capital and the latest addition to the Cyble board praised the company’s deployment of groundbreaking AI technology, revolutionizing cybersecurity. He acknowledged Cyble’s ability to identify and protect against diverse web threats on an unprecedented scale and its recognition among global companies seeking top-tier protection in an ever-evolving digital landscape. Zeb expressed enthusiasm about partnering with Cyble at this pivotal moment.
Returning investor Tom Humphrey from Blackbird Ventures highlighted Cyble’s remarkable growth over the past year, including a doubling in team size, nearly quadrupling of the customer base, and expansion into the Middle East, Europe, and Latin America. He praised the leadership of Cyble’s founders, Beenu Arora (CEO and Co-Founder) and Manish Chachada (COO & Co-Founder), along with their strong leadership team.
With a presence in 11 countries, Cyble’s global impact spans developed and emerging markets. The company has tailored threat intelligence solutions for diverse clients, from government entities to Fortune 50 companies to agile startups.
Regarding the Series B funding, the founders, and alums of Columbia Business School and London Business School, expressed their thoughts. Beenu Arora, Cyble’s CEO, and Co-Founder, emphasized that the investment validates the team’s hard work in executing their vision. Cyble’s mission is to democratize cybersecurity, and through innovative solutions like Cyble Vision, Cyble Hawk, AmIBreached, Cyble Odin, and The Cyber Express, they aim to make digital safety accessible to all. With the continuous evolution of Artificial Intelligence, Cyble is committed to providing advanced insights and AI tools to secure digital territories for businesses and individuals.
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