CYE

growth-positive

CYE, a cyber exposure management solutions developer, has acquired the technology of Israeli startup Solvo, which specializes in Cloud Security Posture Management (CSPM) and Cloud Infrastructure Entitlement Management (CIEM). This acquisition enhances CYEs Hyver platform by integrating Solvos advanced CSPM capabilities, providing deeper visibility into customers cloud assets and addressing security gaps. The move aims to strengthen businesses cloud security posture and mitigate risks across hybrid and multi-cloud environments. Solvo had previously raised $3 million in Seed funding in October 2020. The acquisition is seen as a significant milestone for Solvo, allowing it to offer more powerful tools for managing cyber exposure. CYE also partners with OTORIO to combat ransomware attacks.

growth-positive

CYE, a cybersecurity optimization company, has acquired Baseline, a vulnerability analysis platform by Cyberillium. The acquisition will allow CYE to incorporate Baselines capabilities into its Hyver platform, enabling automated attack route creation and prioritization based on Baselines context-aware algorithms. The integration of Baselines advanced capabilities will enrich CYEs CRQ engine, providing a new approach to vulnerability management. The acquisition is expected to help CYEs customers quantify vulnerability-related risk and implement optimal remediation actions.

growth-positive

CYE has partnered with ISG to deliver cyber risk quantification and increase cyber maturity. The partnership combines both companies expertise to lower the risk of cyber threats across various industries. ISG will introduce CYEs data analytics SaaS platform, Hyver, to optimize the reduction of cyber risk exposure. The partnership aims to enable organizations to make strategic and operational decisions, optimize security investments, and increase resilience.

growth-positive

Ira Winkler, the new Field CISO at Israeli cybersecurity company CYE, has discussed the future of cyber attacks in the era of web3. Winkler predicts an increase in ransomware and web3 hacks, with crypto wallets and NFTs being prime targets for criminals. He also highlighted the potential security risks of the metaverse, particularly around identity theft. Winkler joined CYE after meeting with its founder and CEO, Reuven Aronashvili, and being introduced to its platform Hyver, which offers business insights and optimizes the reduction of cyber exposure.

growth-positive

CYE has appointed Ira Winkler as Field CISO and expanded its sales team as part of its hyper growth. Winkler, a renowned cybersecurity expert, will focus on tailored cyber solutions for global enterprises. He will drive the adoption of CYEs platform, Hyver, which analyzes contextual security data to optimize the reduction of cyber exposure. The expansion of the sales team is led by Steve Midgley, Chief Revenue Officer. CYE is funded by investors including EQT Private Equity and 83North.

growth-positive

CYE has announced new partnerships with SSH and S2E, which will allow the company to continue its hypergrowth. SSH will offer CYEs solutions as part of its defensive cybersecurity portfolio, while S2E will combine CYEs technology with its consulting services. These partnerships will enable organizations to optimize their security investments and make strategic decisions. CYEs cybersecurity optimization platform helps businesses visualize, quantify, and mitigate cyber risk. The company is headquartered in Israel and serves Fortune 500 and mid-market companies globally. CYE is funded by investors including EQT Private Equity and 83North.

growth-positive

CYE has been awarded FinTech Globals CyberTech 100 Award for its innovative use of technology in cybersecurity optimization solutions. The companys product, Hyver, helps organizations prevent cyberattacks by visualizing comprehensive cybersecurity assessments and predicting possible attack routes. CYE bridges the gap between the security and finance industries, particularly in the financial sector where the need for cybersecurity is high. The company is funded by investors including EQT Private Equity and 83North.

growth-positive

SSH has signed a strategic partnership agreement with CYE, a cybersecurity optimization platform. The partnership aims to provide organizations with cybersecurity decision-making tools by quantifying contextual security data. CYEs technology offers a comprehensive understanding of security status and builds optimized mitigation plans. SSH will offer CYEs solutions as part of their defensive cybersecurity portfolio, focusing on access control, monitoring, and auditing solutions. The partnership is expected to improve cybersecurity maturity and resilience for SSHs customers. The article does not mention any specific customers, valuation amount, acquisition amount, investment amount, or layoffs. The event described in the article does not have a specific date mentioned.

growth-positive

SSH has signed a strategic partnership agreement with CYE, a cybersecurity optimization platform. CYEs platform provides organizational assessment, risk quantification, and mitigation plans to optimize companies cybersecurity investments. SSH offers defensive cybersecurity solutions and will incorporate CYEs technology into their portfolio. The partnership aims to bring a data-driven security model aligned with business needs and create an effective remediation tool for advanced organizations. The CEO of SSH, Dr. Teemu Tunkelo, expresses excitement about the partnership and the potential to improve security posture and modernize access controls. CYEs CEO, Reuven Aronashvili, looks forward to combining their skillsets and technologies to improve cybersecurity maturity for customers.

growth-positive

CYE, a cybersecurity company based in Herzliya, Israel, has launched a new group called Critical Cyber Operations. The group provides data-driven and mathematically-proven cybersecurity investment optimization capabilities. CYEs platform, Hyver, offers attack route visualization, risk quantification, and mitigation optimization to help organizations reduce cyber exposure. The platform uses AI and ML to predict risk, cost, and the likelihood of exploitation. CYEs customers come from various industries, and the company saw a 150% growth in customers in 2021. CYE currently has 130 employees and plans to double that number in the next 12 months. The company has raised $140 million in total funding. The launch of Critical Cyber Operations was accompanied by the addition of cybersecurity expert Shmulik Yehezkel and tech industry veteran Steve Midgley to CYEs leadership team.

growth-negative

Reuben Aronshoily, founder of CYE, a cybersecurity company, spoke at the TECH TLV conference about the paradox of cybersecurity defense in Israel. While Israel is considered a global center for cybersecurity development, many local organizations do not have adequate defense measures in place. Aronshoily emphasized that if he had to breach a company in Israel, it would be easier than breaching a global corporation. He also discussed the value of offensive cybersecurity operations and how CYE helps organizations identify their weaknesses. The article highlights the need for improved cybersecurity defense in Israel and the potential risks faced by local companies.

growth-positive

Cybersecurity firm CYE has announced several new senior management appointments, including Inbar Ries, Dr. Nimrod Partush, Col. Shmulik Yehezkel, Shimon Revah, and Michael Gendelman. These individuals bring cybersecurity and national security expertise to the company. CYE serves as a trusted cybersecurity advisor to public and private enterprises, working with Fortune 500 companies, governments, and other clients. Their flagship product, Hyver, provides cybersecurity assessments using algorithms and graph modeling. CYE raised $100 million in financing in February.

growth-positive

Israeli cybersecurity company CYE has partnered with OTORIO to provide an integrated solution for companies with converged IT/OT/IoT environments looking for ransomware protection. The partnership aims to help customers convert new U.S government regulations for critical pipeline owners and operators into practical cybersecurity plans. CYE and OTORIO provide cyber visibility across IT, OT, and IoT environments, helping pipeline operators understand their network assets and quantify risks. The solution simplifies compliance and risk monitoring. CYE raised a $120 million Series A round in February.

growth-positive

CYE, a global leader in cybersecurity solutions, has completed a $120 million series A funding round led by EQT Private Equity. The investment will be used to support CYEs accelerated global growth. The funding round also included participation from North83. CYE plans to expand globally, including in North America and western Europe, and is considering acquiring other companies. The company has experienced over 100% growth in the past year, particularly in the US market. CYEs flagship product, Hyver, conducts comprehensive cybersecurity assessments and uses advanced algorithms to predict possible attack routes. CYE is open to future funding rounds and is also considering the possibility of going public in the future.

growth-positive

CYE, a cybersecurity optimization platform, has raised a $100 million financing round led by EQT, with participation from 83North. The investment will be used to continue CYEs hyper-growth in the global market. CYE aims to strengthen organizations internal capabilities in cybersecurity and enable them to take full control of their cybersecurity posture. Their flagship product, Hyver, conducts comprehensive cybersecurity assessments and predicts possible attack routes. CYEs customers include global tier-one and Fortune 500 companies. EQTs investment marks their first deal in Israel. CYE plans to use the investment to expand and innovate, with the support of EQT and 83North.

growth-positive

CYE, a cybersecurity company, has raised $120 million in funding led by EQT Private Equity and 83North. The company, founded in 2012, provides cybersecurity services and recently shifted its product to a SaaS model. The funding will support the companys rapid growth and business development. CYEs product, Hyver, uses algorithms and graph models to assess an organizations cybersecurity. The company also employs a small army of ethical hackers to simulate attacks and provide insights for improving the organizations resilience. CYE differentiates itself by focusing on real-time assessments and market evaluations rather than future predictions. The company currently has over 200 customers, including Philips, Novartis, and UBS. CYE employs around 70 people in its office in Herzliya and hundreds of ethical hackers worldwide.

growth-positive

Reuven Aronashvili, founder and CEO of cybersecurity company CYESEC Ltd. (CYE), has used his experience from the Israeli military to create a company that helps businesses understand their vulnerabilities to cyber attacks. CYE uses real attacks, rather than simulations, to provide a more accurate picture of a companys vulnerabilities. The company has clients in the financial, infrastructure, manufacturing, and tech sectors, most of which are non-Israeli. CYE raised an undisclosed sum estimated at tens of millions of dollars in 2018 from 83North Ltd. and an unnamed Singaporean investor.

growth-positive

Zurich Insurance Group has partnered with CYE, a cyber-security company, to create Zurich Cyber Security Services, a new offering to help businesses manage cyber risks. The partnership combines Zurichs cyber insurance and risk engineering capabilities with CYEs AI-based technology and cyber expertise. The offering includes cyber risk management programs, security incident reduction, proactive protection of business assets, and budget allocation. Customers who purchase a standalone cyber policy from Zurich will also receive a technology-driven risk assessment report. The collaboration aims to address the increasing severity and frequency of cyber attacks. The article does not mention any specific investors, acquisition or investment amounts, layoffs, customers, or partners. The date of the event described in the article is not provided.