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Home Firewall Daily

Cyble Raises $30.2 Million in Series B to Boost AI-Powered Cyber Threat Intelligence Platforms

This Cyble funding not only highlights the growing importance of cybersecurity in the digital age but also reinforces Cyble's role as a significant player in shaping the future landscape of cyber threat intelligence.

thecyberexpress by thecyberexpress
November 17, 2023
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In a remarkable display of growth and investor confidence, Atlanta-based Cyble, a leader in AI-powered cybersecurity, has announced a substantial $30.2 million Series B funding round.

The latest round of investment, bolstered by an impressive $6.2 million in the second tranche, reflects the company’s accelerating growth trajectory and its increasing impact in the field of cybersecurity. The funding is expected to fuel Cyble’s continued innovation and expansion, further solidifying its position as one of the fastest-growing cybersecurity companies in the world.

The Series B funding of Cyble, championed by distinguished venture capital firms such as Spider Capital (US), Blackbird Ventures (Australasia), Summit Peak (US), and King River Capital (Australia), demonstrates solid investor confidence in Cyble’s potential to become a leader in the cybersecurity space.

Speaking on the Cyble funding, Beenu Arora, co-founder and CEO of Cyble, said, “Our mission is to tackle cyber threats head-on, and this funding brings us closer to that goal.

“We are thrilled to have expanded investor support that shares our values. In the ever-evolving digital landscape, our investors’ trust fuels our commitment to cutting-edge AI-powered cybersecurity solutions,” he added.

Fueled by this recent capital infusion, Cyble is strategically positioned for significant expansion, increased market presence, and ongoing refinement of its technological offerings.

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The Cyble funding not only highlights the growing importance of cybersecurity in the digital age but also reinforces Cyble’s role as a significant player in shaping the future landscape of cyber threat intelligence.

Cyble’s Evolution

Founded in 2019 by Beenu Arora and Manish Chachada, Cyble has emerged as a notable player in the cybersecurity sector. Following a successful angel investment round that raised US$4 million, the company swiftly expanded into key global markets, establishing regional offices to address regions facing heightened cyber threats.

Cyble’s offering, comprising AmIBreached, Cyble Vision, Cyble Hawk, and Cyble ODIN, caters to a variety of cybersecurity needs, highlighting the company’s commitment to innovation and proactive threat defense.

Specializing in Cyber Threat Intelligence , Cyble empowers organizations to safeguard their digital assets against cyber threats.

Employing a blend of Artificial Intelligence, Machine Learning, and human expertise, Cyble proactively identifies, monitors, and mitigates cyber threats and vulnerabilities, providing clients with timely and actionable intelligence. This approach enables organizations to adjust their information security strategies promptly, fortifying their defenses against potential cyberattacks and bolstering their overall security infrastructure.

Throughout its journey, Cyble has garnered recognition for its innovative solutions and unwavering commitment to cybersecurity excellence. The company’s expanding client base and robust international presence reflect its growing prominence in the cybersecurity landscape, a success further exemplified by its highly successful Series B Cyble funding round.

AmIBreached Empowers Cybersecurity

Cyble strives to democratize access to dark web threat intelligence, achieving this objective through AmIBreached. This service enables individuals to promptly identify, prioritize, and mitigate risks by providing instant intelligence support.

Cyble Vision: A New Frontier in Cyber Defense

Leveraging its Brand Intelligence capabilities, Cyble Vision effectively identifies and neutralizes threats such as Brand Impersonation, typosquatted domains, Business Email Compromise, Phishing schemes, and malicious domains.

Beyond safeguarding organizations and their employees, Cyble Vision extends its reach across the web, pinpointing vulnerabilities in software, products, platforms, and supply chains. The holistic approach provides organizations with a comprehensive cybersecurity overview that spans their vendors, third parties, partners, and client base.

Cyble’s overarching goal is to shield organizations from cyber threats by deploying AI-ML-driven solutions and harnessing human intelligence to actively monitor the dark web, underground forums, and cybercriminal hotspots.

This proactive stance enables organizations to take preemptive measures against potential cyberattacks, ensuring the protection of sensitive information.

Cyble’s portfolio extends well beyond its standout flagship, Cyble Vision. The company has built a strong reputation through its suite of specialized offerings, each meticulously designed to cater to a range of user requirements, demonstrating the breadth and versatility of its offerings.

The array of Cyble portfolio includes AmIBreached, which is tailored for individual users, Cyble Hawk, specifically designed for governments and law enforcement agencies, and ODIN, a solution crafted to meet the needs of information security professionals. The diverse range of products underlines Cyble’s commitment to addressing the varied cybersecurity needs across different sectors.

Cyble Hawk: Enhancing Cyber Defense for Governments

In the face of escalating global conflicts, government bodies and law enforcement agencies find themselves increasingly targeted by Threat Actors and Advanced Persistent Threat (APT) groups. This surge in cyber threats is accompanied by a notable increase in worldwide Hacktivism attacks.

To counteract this evolving landscape, Cyble has introduced Cyble Hawk, specifically tailored for governmental entities, law enforcement agencies, and regulatory bodies. Cyble Hawk is dedicated to safeguarding Critical Information Infrastructure, military networks, and government portals crucial for public services. It provides swift and actionable threat intelligence to organizations pivotal to national security, where the rapid delivery of intelligence is paramount for effectiveness.

Acqui-Hiring of The Cyber Express by Cyble

Cyble’s strategic acqui-hire of The Cyber Express marked a significant step in strengthening its position in the cybersecurity field. This move not only expanded Cyble’s capabilities but also integrated The Cyber Express’s extensive expertise into its operations. Now a part of Cyble, The Cyber Express by Cyble serves as an essential resource for the online community, providing current news, in-depth insights, and a wealth of knowledge on cybersecurity matters.

With a team of skilled journalists and researchers, The Cyber Express by Cyble delivers thorough coverage on a spectrum of topics including cyber threats, vulnerabilities, data breaches, and the latest news on cybersecurity auditing and compliance.

Cyble Partner Network: Broadening Collaborative Horizons

Cyble’s initiative, the Cyble Partner Network, introduces a comprehensive program for its partners, offering cutting-edge threat intelligence tools, specialized training, dedicated support, and robust marketing resources, along with a personal account manager.

Tailored to meet the requirements of managed service providers, resellers, and technology partners, the program provides competitive pricing, substantial technical support, including integration assistance and certification programs.

Partners benefit from valuable sales and marketing tools, diverse licensing and deployment options, and a centralized partner portal for efficient resource management and opportunity tracking. This empowers them to boost business growth and actively participate in the fight against cyber threats.

ODIN: Revolutionizing Cybersecurity Surveillance

Cyble’s latest offering, Cyble ODIN, serves as a potent search engine for Scanned Internet Assets. Addressing a wide user base, from information security professionals to researchers and cybersecurity experts, ODIN provides detailed information on hosts, including IP addresses, hostnames, tags, and locations, facilitating network management and cybersecurity assessment.

Additionally, ODIN enhances user capabilities with its Certificate Search functionality, allowing the scanning and examination of digital certificates.

Cyble’s Growth Strategy: Strengthening Cybersecurity Solutions, Global Presence, and Talent Acquisition

A significant portion of the newly secured funds will be directed towards advancing Cyble’s cybersecurity offerings. Committed to maintaining a leadership position in technological innovation, Cyble will continuously refine its artificial intelligence and machine learning capabilities, expand its threat intelligence repositories to proactively counter cyber threats.

Cyble aims for international expansion, seeking to enter new markets and extend its offerings to a broader spectrum of organizations. This global strategy involves establishing and fortifying alliances with cybersecurity experts worldwide.

In response to the escalating pace of cybersecurity threat development and the heightened demand for skilled experts, Cyble is actively recruiting top-tier talent to bolster its team and sustain its competitive edge in crafting cutting-edge cybersecurity solutions.

Acknowledging the importance of customer support, Cyble is investing in its service infrastructure to ensure its clients have the necessary support and insights for deploying and fine-tuning Cyble’s solutions for optimal digital environment protection.

Furthermore, the investment will be allocated to marketing and promotional efforts, with the aim of elevating Cyble’s profile in the cybersecurity sector and solidifying its reputation as a reliable cybersecurity solutions provider.

The Path Forward 

Timed strategically amidst the continuous growth of the global cybersecurity market, Cyble Series B funding positions the company to meet the escalating demand for cybersecurity solutions essential in safeguarding businesses, governments, and individuals in an increasingly connected and digital world.

Cyble’s commitment to innovation, client-centric approach, and robust financial backing from the Cyble Series B funding make it a formidable player in the cybersecurity sector. As organizations increasingly recognize the need for comprehensive cybersecurity measures, Cyble is poised to play a pivotal role in securing the digital landscape for years to come.

The success of Cyble Series B funding is a testament to its dedication to providing advanced cybersecurity solutions against the ever-evolving threat landscape. With a clear roadmap for fund allocation and a vision for global expansion, Cyble is well-positioned to lead in the cybersecurity space, setting the standard for proactive threat intelligence and protection.

The US$30.2 million investment not only attests to Cyble’s capabilities but also underscores the growing significance of cybersecurity in the modern digital landscape.

Media Disclaimer: This report is based on internal and external research obtained through various means. The information provided is for reference purposes only, and users bear full responsibility for their reliance on it. The Cyber Express assumes no liability for the accuracy or consequences of using this information.

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