CyberKick Overview
CyberKick is a provider of software-as-a-service (SaaS) security and privacy tools. CyberKickss security solution, iShield, is a protective cybersecurity tool that identifies, eliminates, and helps avoid security and data threats that occur unknowingly to many users while they are browsing online.
Latest News
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Safe-T Announces Acquisition of CyberKick, a Provider of SaaS Security and Privacy Solutions
Safe-T Group Ltd. has announced the acquisition of CyberKick Ltd., a provider of Software-as-a-Service (SaaS) security and privacy tools. The acquisition is expected to complement Safe-Ts secure access portfolio and expand its presence in the private users cybersecurity market. CyberKick generated approximately $4.2 million in revenue in 2020 and was profitable. The initial consideration for the acquisition was a combination of cash ($3.7 million) and equity ($5.6 million). Safe-T may pay an additional earn-out payment of up to $3 million based on certain revenue targets. Safe-T also committed to providing $2.5 million in financing to support CyberKicks growth. The acquisition is part of Safe-Ts strategic roadmap to become a leading company in the security and privacy markets. The transaction is expected to close next week.
Acquisition
| Sector | Cyber Security |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
0
Employees: 1-10
Web & Social Links
| Website | cyberkick.com |
| Careers | Careers page |
Locations
Tel Aviv, Israel
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