{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwILx3psKDA","lastupdate":"2023-01-05T00:00:00.000Z","update_date":"2023-01-05T00:00:00.000Z","lastModified":"Aug 6, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"cymulate","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$I0NaWWAuiPcLUOHJFpyPWRENO6LAqJ3usT2xQBTDwgk7xL22qHjsQ2","name":"Cymulate","oneliner":"Exposure Management and Security Validation","registrar":"515473890","website":"https://cymulate.com","careerspage":"https://cymulate.com/careers","founded_month":6,"founded_year":2016,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/CymulateLtd","youtube":"https://www.youtube.com/channel/UC1QIoFAsCjk238tQDIguONw","facebook":"https://www.facebook.com/Cymulate","linkedin":"https://www.linkedin.com/company/10868396","instagram":""},"social":["https://www.youtube.com/channel/UC1QIoFAsCjk238tQDIguONw","https://www.linkedin.com/company/10868396","https://twitter.com/CymulateLtd","https://www.facebook.com/Cymulate"],"flattenedsociallinks":"https://www.youtube.com/channel/UC1QIoFAsCjk238tQDIguONw|https://www.linkedin.com/company/10868396|https://twitter.com/CymulateLtd|https://www.facebook.com/Cymulate","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"201-500","employees_exact":284,"patent":1,"raised":126000000,"stage":"D","public_stage":"D","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4PuDstIIDA","primary_sector":"Cyber Security","alternativenames":[""],"about":"Cymulate develops a SaaS-based security posture management solution for companies that want to manage their security posture against the evolving threat landscape.\n\nCymulate's technology deploys within an hour, enabling security professionals to continuously challenge, validate, and optimize their cybersecurity posture end to end across the MITRE ATT&CK framework.\n\nThe platform provides out-of-the-box, expert, and threat intelligence-led risk assessments that are constantly updated and simple to deploy and use for all maturity levels. It also provides an open framework to create and automate red and purple teaming by generating penetration scenarios and advanced attack campaigns tailored to companies' environments and security policies.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+97239030732","country":null,"address":{"israeli":[{"id":"315e561b-da9e-452f-8507-e727ee4d586e","city":"Holon","type":null,"address":"Sderot Yerushalayim 95, Holon, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"892a1a13-afd7-43a1-b0e6-c9c91e8c4813","city":null,"address":"37 Broadhurst Gardens, London, UK","country":"United Kingdom","placeid":null},{"id":"vZld3Hlql4OmFityP2IcErNlGubUzeS3gYEjXDDTxDfRTpyT4omd3v","city":"New York","address":"44 W 37th St, New York, NY 10018, USA","country":"United States","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"MSnN4Bd25iMi5wF1wZVYP4I8sQgAxVPogjLhAMnw4tlrxJmAELVqNr","date":"Aug 31, 2025","link":"https://www.calcalistech.com/ctechnews/article/hkbwwuz9gg","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"management changes","round":null,"company":"Cymulate","layoffs":null,"summary":"Cymulate, a cybersecurity company specializing in exposure management, has appointed Yiftah Yoffe as its new Chief Human Resources Officer (CHRO). Yoffe brings extensive experience from his previous roles at Check Point, Amdocs, and Deloitte. This appointment is part of Cymulates strategic expansion efforts. The company has also acquired CYNC Secure to enhance its exposure management solutions. Cymulate, founded by Eyal Wachsman, Avihai Ben-Yossef, and Eyal Gruner, has raised $141 million and employs nearly 300 people globally. The company is focused on maintaining its organizational culture while pursuing global growth and market leadership.","partners":null,"customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["cybersecurity","management","expansion","acquisition","AI"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":"CYNC Secure","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"141 million","structured_issues":["Management Changes","Acquisition","Expand"],"acquisition_amount":null,"FDA approved/pending approval":"not applicable","AI technology developing/using":"using","structuredIssuesShow":"#Management Changes  #Acquisition  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ThYgbiqoZ882hn2Q2W5mHy3kVZj7JWvKU8mkjkmRvm9fJRzos1iJVm","news_summary":"Yoffe served in recent years as CHRO of Check Point.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"IPbXcojRPbOEz2XQwq58NIK2D4tXgZCBvijKQDxk8wbUqebJOn7f8N","date":"Aug 6, 2025","link":"https://www.calcalistech.com/ctechnews/article/rkauvogole","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"management changes","round":"Series D","company":"Cymulate","layoffs":null,"summary":"Cymulate, a cybersecurity company specializing in continuous threat exposure management and attack simulation, has appointed Roni Aviv Sharabany as VP Business Operations. Roni will lead the development of Cymulate’s internal AI infrastructure to enhance operational efficiency and support scalable growth. Cymulate recently acquired CYNC Secure to enhance its exposure management solutions and raised $70 million in a Series D funding round. The company serves over 1,000 customers, including numerous Fortune 500 companies, and is actively hiring for various roles. Cymulate has raised a total of $141 million to date.","partners":null,"customers":"numerous Fortune 500 companies","eventType":null,"investors":null,"confidence":9,"key_topics":["cybersecurity","AI infrastructure","management","investment","acquisition"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":"CYNC Secure","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$70 million","structured_issues":["Management Changes","Acquisition","Investment","Expand","Customers"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Management Changes  #Acquisition  #Investment  #Expand  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"cIN7KRoyWUbfRxHWVOhW5hBIt7NI33jHro56hLPQvc5pgn1cVmsngT","news_summary":"Prior to joining Cymulate, she served as Head of Revenue Operations at the fintech company Personetics.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"QY7qVPNEd5aG26rs9FYQSl5gLz3aYZUDjGzb7uhn2ZDkpREw06T3op","date":"Jan 7, 2025","link":"https://www.calcalistech.com/ctechnews/article/skroqjqljx","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"acquisition","round":null,"company":"Cymulate","layoffs":5,"summary":"Cymulate, a cybersecurity company specializing in threat exposure validation, has acquired Israeli startup CYNC Secure for an estimated $10 million. This acquisition aims to enhance Cymulates platform with operational efficiency tools. CYNC Secure, founded in 2022, focuses on improving operational efficiency for exposure management programs and has raised $5 million from SGE. As part of the acquisition, CYNC Secure’s management and development teams will join Cymulate, with Meir Abergel taking on the role of Vice President of Business Development and Alliances. However, approximately five of CYNC Secures 20 employees will be laid off. Cymulate serves over 1,000 customers worldwide, including Fortune 500 companies, and has raised $141 million to date.","partners":null,"customers":null,"eventType":null,"investors":"SGE","confidence":9,"key_topics":["acquisition","cybersecurity","operational efficiency","threat validation","partnerships"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":"CYNC Secure","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition","Layoffs","Partners"],"acquisition_amount":"$10 million","FDA approved/pending approval":null,"AI technology developing/using":"using","structuredIssuesShow":"#Acquisition  #Layoffs  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"imx7F02bLs4hN54MknImzk7jrsRVLNrst660cNQi84j4gyqFLL7KU4","news_summary":"The $10 million deal strengthens Cymulate’s threat validation platform with operational efficiency tools. ","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9kOvcvyCjViBjf9yXZQdyVgFhbOzCnkphDDzBh9ePzSoupCnjJeckn","date":"Dec 6, 2022","link":"https://www.prnewswire.com/news-releases/cymulate-integrates-with-the-trend-micro-vision-one-xdr-platform-301696487.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"cybersecurity, risk validation, exposure management","company":"Cymulate","layoffs":null,"summary":"Cymulate has announced a new technology integration with Trend Micro, a global cybersecurity leader, to reduce risk related to cyber threats. The collaboration will enhance the security control environment and management against malicious behavior and real and simulated malware. The integrated solution provides comprehensive protection against cyber threats and strengthens an organizations security posture. Cymulates platform is recognized for its ability to continuously test a businesss security posture against immediate threats. The partnership with Trend Micro allows businesses to better understand weaknesses in their security posture and optimize their existing security infrastructure.","partners":["Trend Micro"],"customers":null,"investors":null,"confidence":8,"key_topics":["Threat Exposure Assessment","Cybersecurity Controls Validation","Technology Integration","Collaboration","Comprehensive Protection"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TynjhgQhPprmZXuXt7VjQS9t54jauwecYHJpjX4magBocAIQMqj3yk","news_summary":"Cymulate Integrates with the Trend Micro Vision One XDR Platform","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"kvSYG8UlOitouifCDe8OcbYiQPRabWmUOL6hrzYNd7JLZ2hty6XkSm","date":"Nov 16, 2022","link":"https://www.prnewswire.com/news-releases/cymulate-survey-finds-consolidation-is-happening-but-only-20-cite-cost-as-the-reason-301679751.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["cybersecurity","cyber resilience","consolidation","economic anxiety","supply chain attacks","geopolitical tensions","Great Resignation","cybersecurity workers","cyber hygiene","supply chain preparation","proactive cybersecurity testing","cyber threats","BAS market"],"company":"Cymulate","layoffs":null,"summary":"Cymulate, a leader in cybersecurity risk validation and exposure management, conducted a global survey that revealed the impact of ongoing uncertainties in cybersecurity and cyber resilience. The survey found that 60% of organizations are seeking to reduce the number of cybersecurity solutions in use, with affordability, usability, and right-sizing security setups being the main drivers of consolidation. Economic anxiety has led to project delays of three to six months. The survey also highlighted the challenges in adopting essential cybersecurity hygiene practices, the impact of supply chain attacks on cybersecurity preparation, and the importance of proactive cybersecurity testing. The global BAS market is projected to grow at a CAGR of 38.5% between 2021 and 2026. The survey gathered responses from over 1,000 IT and security professionals representing various industries and organization sizes.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["cybersecurity spending","staffing challenges","supply chain threats","consolidation of cybersecurity solutions","economic anxiety"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Customers","Partners","Investment","Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners  #Investment  #Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"QYUkymhs0V29SZNPGmwhxFek6C6lRm6tsfKo6JGLhKHyiAP44w5goi","news_summary":"Cymulate Survey Finds Consolidation is Happening but Only 20% Cite Cost as the Reason","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"wGxZFNidcGN646yhfHodDgQ6kJFjB67FkbfyDIJCm3kNPu4Yb7a25x","date":"Nov 9, 2022","link":"https://www.prnewswire.com/il/news-releases/cymulate-named-innovation-leader-in-frost--sullivans-frost-radartm-global-breach-and-attack-simulation-2022-301673636.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"cybersecurity","company":"Cymulate","layoffs":null,"summary":"Cymulate has been recognized as the top innovation vendor in Frost & Sullivans Frost RadarTM: Global Breach and Attack Simulation, 2022 report. The report highlights Cymulates ability to empower organizations to make risk-informed business decisions and its focus on innovation. Cymulate provides a platform for automated and continuous security testing, helping businesses stay ahead of cyber adversaries and reduce risk. The company offers over 120,000 test scenarios and 10,000 preconfigured attack campaigns to validate security controls. The recognition by Frost & Sullivan reinforces Cymulates commitment to being a leader in cybersecurity risk validation and exposure management.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["cybersecurity","innovation","Breach and Attack Simulation","Frost Radar","risk assessment"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"MSrLiHeHqLoLHtQzLQZ3QsIDbDNsjyk0cr18NgQqYp0Uto6C0lMjND","news_summary":"Cymulate Named Innovation Leader in Frost & Sullivan's Frost Radar™ Global Breach and Attack Simulation, 2022","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"lYqymHZ6ErazYCafz1IDDlwjClBNSqkmBimzTtZN0vx2OtsOwTCQYa","date":"Nov 3, 2022","link":"https://www.businesswire.com/news/home/20221103005232/en/Exclusive-Networks-and-Cymulate-Launch-Partnership-Across-EMEA-and-APAC","source":"www.businesswire.com","visible":1,"analysis":{"tags":"Partnership, Investment","company":"Exclusive Networks","layoffs":"Not mentioned","summary":"Cybersecurity specialist Exclusive Networks has announced a partnership with cybersecurity risk validation and exposure management leader Cymulate. The agreement, which covers the APAC and EMEA regions, makes Exclusive Networks Cymulate’s first multi-region distribution partner. Following its $70m Series D funding in September, Cymulate is investing in scaling its global channel operations across international markets. Exclusive Networks will drive partner recruitment, development and enablement to stimulate market awareness and customer demand for its leading cybersecurity risk validation and exposure management platform.","partners":"Cymulate","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Partnership","Cybersecurity","Investment","Market Growth","Channel Operations"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$70 million","structured_issues":["Partners","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"0slZKwEkwzjMKAtpejUj1W0xynfu70XVTBAPt1M5yIC0uzasZkKs2X","news_summary":"Exclusive Networks and Cymulate Launch Partnership Across EMEA and APAC","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"avdoBdWhYgtDqxaU8DIJFHxEw3VRmyssNUon4OBt4u61kVoticHBRE","date":"Oct 19, 2022","link":"https://www.cxotoday.com/press-release/israel-based-cymulate-expands-operations-enhancing-technology-relations-with-india/","source":"www.cxotoday.com","visible":1,"analysis":{"tags":["expansion","cybersecurity","technology relations"],"company":"Cymulate","layoffs":null,"summary":"Cymulate has established a new legal entity in India to expand technology relations between Israel and India. The company aims to provide advanced cybersecurity innovation to governments and local businesses in India. The establishment of the new entity reflects the increasing demand for Cymulates products. The move will also strengthen the economic relationships between India and Israel. Cymulates CEO stated that India is an important market with great potential, and the company looks forward to widening its support and adoption in the country. The company already has top banks, insurance companies, and global technology enterprises as its clients in India. Cymulate recently raised $70 million in Series D funding for Continuous Security Posture Testing.","partners":null,"customers":"top banks, insurance companies, global technology enterprises","investors":null,"confidence":9,"key_topics":["India-Israel relations","cybersecurity cooperation","technology relations","client base in India","Series D funding"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$70 million","structured_issues":["Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"pvOzJnRJgWrkcTwKWkkSIy8i2Z0hk5gJjBAcUdzwVLuDKKff6JuAHz","news_summary":"Israel-based Cymulate Expands Operations, Enhancing Technology Relations with India","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6SihWaiBOklRRZwTjSKd7Csb0YRHUkO1B2PN4MlpK35w2uXt2KvIoO","date":"Sep 6, 2022","link":"https://en.globes.co.il/en/article-israeli-cybersecurity-co-cymulate-raises-70m-1001423591","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Investment, Growth","company":"Cymulate","layoffs":"Not mentioned","summary":"Israeli cybersecurity firm Cymulate has raised $70 million in a Series D funding round, bringing its total funding to $141 million. The round was led by existing investors One Peak, Susquehanna Growth Equity, Vertex Ventures Israel, Vertex Growth, and Dell Technologies Capital. The funds will be used to enhance Cymulates technological capabilities and accelerate its global growth. The company, which more than doubled its annual recurring revenue in 2021, plans to increase its workforce by 75% by the end of 2022.","partners":["Optiv","Wipro"],"customers":"More than 500 customers globally, including Fortune 500 companies","investors":["One Peak","Susquehanna Growth Equity (SGE)","Vertex Ventures Israel","Vertex Growth","Dell Technologies Capital"],"confidence":9,"key_topics":["Series D Financing","Cybersecurity","Global Expansion","Revenue Growth","Workforce Increase"],"date_of_event":"September 6, 2022","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$70 million","structured_issues":["Investment","Customers","Partners","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Customers  #Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"65uSWkNmkz9oDyS9wvxgnETmgWbxJinKk6S8bLyBFtG7WcaM0xBZmW","news_summary":"Israeli cybersecurity co Cymulate raises $70m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1c675b26-10c5-49e6-b53f-48f1b35b178a","date":"Aug 10, 2022","link":"https://www.prnewswire.com/news-releases/cymulate-bolsters-proactive-cybersecurity-exposure-management-with-advanced-analytics-301603306.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"data-driven decisions, cyber risk","company":"Cymulate","layoffs":null,"summary":"Cymulate has expanded its Extended Security Posture Management (XSPM) Platform to include advanced insights and analytics capabilities. The new data-driven capabilities improve risk visibility and deliver actionable insights for reducing remediation time. The platform provides customers with an efficient way to validate their cybersecurity posture continuously and on-demand. Customers can establish baselines, view dynamic dashboards, track remediation efforts, and generate customized reports. These new features will be showcased at Black Hat USA 2022.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Extended Security Posture Management","analytics capabilities","cybersecurity performance metrics","cyber resilience","automated contextual reporting"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"WxPDS1zS83fspi4UjRIT0zxCCiCRggnKSk4TdmTlwWtfoHZV1QwFIt","news_summary":"Cymulate Bolsters Proactive Cybersecurity Exposure Management with Advanced Analytics","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"774e33f6-b3ca-4e96-8033-83c917d69a45","date":"Jun 15, 2022","link":"https://www.prnewswire.com/il/news-releases/cymulate-survey-reveals-companies-hit-with-cyber-attacks-likely-to-face-repeated-onslaughts-301568440.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":["cybersecurity","breaches","attacks","data protection"],"company":"Cymulate","layoffs":null,"summary":"Cymulate, the Extended Security Posture Management market leader, conducted a survey revealing that two-thirds of companies hit by cyber-crime in the past year have been hit more than once. The survey also highlighted that larger companies experience shorter disruption time and less damage to business compared to medium-size businesses. The main forms of cyber attacks experienced were malware, ransomware, and DDoS attacks. The attacks primarily occurred through end-user phishing, third parties connected to the enterprise, or direct attacks on enterprise networks. The survey also showed that 29% of attacks come from insider threats. Companies that meet regularly to discuss risk reduction are more cybersecurity-ready. The survey emphasizes the need for increased awareness and understanding of cyber risk at the boardroom level.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["cyber-crime","breaches","cyber attacks","cybersecurity readiness","business damage"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"OxbyibQZylaq1Yu3kM5qLg5vip5e2shC2vk8GLqFsZD318cZ5BkXS0","news_summary":"Cymulate survey reveals companies hit with cyber attacks likely to face repeated onslaughts","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"3c606d28-d741-49ab-b133-760faf59d9cc","date":"May 5, 2021","link":"https://techcrunch.com/2021/05/05/cymulate-nabs-45m-to-test-and-improve-cybersecurity-defenses-via-attack-simulations/","source":"techcrunch.com","visible":1,"analysis":{"tags":["cybersecurity","funding","platform","machine-based attack simulations"],"company":"Cymulate","layoffs":null,"summary":"Cymulate, a cybersecurity startup, has raised $45 million in funding to invest in its platform and expand its operations. The company offers a platform that allows organizations to run machine-based attack simulations on their networks to identify vulnerabilities and receive guidance on how to improve their security. Cymulate has doubled its revenues and has a customer base of 300 large enterprises and mid-market companies. The funding round was led by One Peak Partners, with participation from previous investors. The valuation of the company is not disclosed, but it is expected to reach $1 billion within two years. Cymulates tools are based on the MITRE ATT&CK framework and complement existing security tools without replacing them.","partners":null,"customers":["Euronext","NTT","Telit"],"investors":["One Peak Partners","Susquehanna Growth Equity (SGE)","Vertex Ventures Israel","Vertex Growth","Dell Technologies Capital"],"confidence":8,"key_topics":["cybersecurity","funding","platform","machine-based attack simulations","valuation"],"date_of_event":null,"valuation_amount":"Not disclosed","impact_on_company":"growth-positive","investment_amount":"$45 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"vw7XNpjv387GhGjkdY5FeSTWG2Wow2uLYJuQh06yEx97LsUqki7FMY","news_summary":"Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"4f57ff38-3a8a-4131-9f47-f9e8f5deaf71","date":"Feb 3, 2021","link":"https://www.prnewswire.com/il/news-releases/cymulate-recognized-as-the-1-innovation-leader-in-breach-and-attack-simulation-market-by-frost-and-sullivan-301221154.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"security validation","company":"Cymulate","layoffs":null,"summary":"Cymulate has been placed at the highest position on Frost and Sullivans Innovation Index and the second on the Growth Index in its Radar report on the Global Breach and Attack Simulation (BAS) Market for 2020. The report commends Cymulate for its ability to combine comprehensive security control validation with red and blue team out-of-the-box templates, automation, scaling, and an open framework to craft custom scenarios. Cymulate is recognized as an exceptional innovative leader in BAS. The SANS Institute also lauded Cymulates platform for its simplicity of deployment, ease of use, and comprehensive functionality. 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The companys transformative approach to security testing and commitment to providing customers with the means to measure and optimize their security posture has been recognized. 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The solution helps red teams test security measures and assists blue teams in remediating gaps. It replicates phishing techniques and generates detailed reports to optimize monitoring, detection, blocking, and remediation. The platform is modular and provides insights and recommendations based on the Mitre attack framework. 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The partnership will allow CipherTechs to offer Cymulates technology to U.S. customers, enabling them to identify security gaps in their IT infrastructure. Cymulates platform uses sophisticated SaaS applications to simulate hacker tactics and techniques. CipherTechs plans to promote Cymulate as a product and as a managed service, providing professional Purple Team exercises and helping clients improve their defenses. The partnership aligns with CipherTechs focus on offensive security and its use of the MITRE ATT&CK framework. The company sees Cymulate as an efficient tool for challenging defenses and measuring the effectiveness of security configurations. CipherTechs aims to incorporate Cymulate into its DevSecOps initiatives and offer it as part of its risk and vulnerability assessment solutions.","partners":["Cymulate"],"customers":"U.S. customers","investors":null,"confidence":8,"key_topics":["partnership","breach and attack simulation","offensive security","MITRE ATT&CK framework","managed service"],"date_of_event":"April 9, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hbUyGGE0wRDNzLphy8SzRaTgtQhwpu7PjX65FpFU9MQBa62H0vH8u6","news_summary":"CipherTechs Partners with Cymulate to Bring Breach and Attack Simulation Platform to U.S. Customers","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"487d5bcf-e142-47e8-be2e-c4a7cbd9fc58","date":"Mar 13, 2019","link":"https://siliconangle.com/2019/03/13/israeli-penetration-testing-startup-cymulate-raises-7-5m-expand-us-operations/","source":"siliconangle.com","visible":1,"analysis":{"tags":"penetration testing","company":"Cymulate","layoffs":null,"summary":"Israeli penetration testing startup Cymulate has raised $7.5 million in new funding to expand its operations in the U.S and invest further in its research team. 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With this funding, Cymulate has raised a total of $11 million to date.","partners":null,"customers":"North America, Europe, Asia, Australia","investors":["Vertex Ventures","Dell Technologies Capital","Susquehanna Growth Equity","Eyal Gruner"],"confidence":8,"key_topics":["Cymulate","funding","expansion","penetration testing","market growth"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$7.5 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"k7LUchkU9xi95Cux4RKdPRhwnI4nnb2cjGRtHhlf3nB7Nc1Xu1hnvn","news_summary":"Israeli penetration testing startup Cymulate raises $7.5M to expand in US - SiliconANGLE","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a92b7295-e5f7-411b-b96e-cc34f1f5b58e","date":"May 22, 2018","link":"https://www.businesswire.com/news/home/20180522005137/en/Cymulate-Named-Gartner-%E2%80%9CCool-Vendor%E2%80%9D-Application-Data","source":"www.businesswire.com","visible":1,"analysis":{"entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"mJKLcjTdWvUM1aS5DJaJaz9QYJAz8i1rbJDXNuX8vLIjSkIxBlMoqJ","news_summary":"Cymulate Named a Gartner \"Cool Vendor\" in Application and Data Security","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"32097d95-7ce6-4f3a-a4ba-12a1db230d3c","date":"Jan 29, 2018","link":"http://www.prweb.com/releases/2018/01/prweb15140147.htm","source":"www.prweb.com","visible":1,"analysis":{"tags":"Endpoint Assessment","company":"Cymulate","layoffs":null,"summary":"Cymulate has launched a new Endpoint Assessment solution to help businesses defend their endpoints against cyberattacks. The solution allows businesses to test the security resiliency of their endpoints and ensure that their security products are properly tuned. By providing a unified report, businesses can see the security state of each endpoint and take necessary actions to update and upgrade them. Cymulates simulation platform helps organizations assess their preparedness to handle cyber security threats effectively. 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The company uses real malware in its tests but ensures it does not enter the network. Cymulate conducts tests through email attacks, web browser testing, hopper tests, phishing tests, data loss prevention tests, and web application firewall assessments. The article emphasizes the importance of constant vigilance in cybersecurity and highlights the need for evolving security measures. 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The breach occurred due to human error when an employee of Nice Systems misconfigured a security setting on a cloud server, allowing external access to the information. Security PINs were also exposed, posing a risk of scammers accessing peoples phone services. Fortunately, the issue was discovered by cybersecurity firm UpGuard and resolved before major damage occurred. The incident highlights the importance of properly configuring security settings and continuously testing security controls to prevent data leakage and damaging attacks. Verizons reputation and customer trust may be negatively impacted by the breach.","partners":null,"customers":"Verizon customers","investors":null,"confidence":8,"key_topics":["data breach","cybersecurity","human error","security settings","lessons learned"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-negative","investment_amount":null,"structured_issues":["Customers"],"acquisition_amount":null,"structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"npL7ym8cPCP08TDAPDbARjFh0USYoRTntBD2BRxMOzkdpL01AhirCo","news_summary":"Verizon security breach down to human error? 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