USA – Cymulate, a Dallas, Texas-based extended security posture management (XSPM) company, raised $70M in Series D funding.
The round was led by One Peak, with participation from Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.The company, which has raised $141M to date, intends to use the funds to extend its technological capabilities and further accelerate its global growth.Led by CEO Eyal Wachsman, Cymulate provides security professionals with the ability to continuously challenge, validate and optimize their on-premises and cloud cyber-security posture with visualization end-to-end across the MITRE ATT&CK framework. The company’s SaaS based Extended Security Posture Management platform leverages its native offensive security technology and capabilities to widely support customers’ security and business needs. XSPM incorporates four fundamental pillars tied together with analytics to provide actionable security posture insights: Attack Surface Management, Continuous Automated Red Teaming, Breach & Attack Simulation, and Advanced Purple Teaming. Alongside their Series D funding, Cymulate also recently announced two C-level executive appointments to bolster the company’s leadership, namely the appointment of Maria Mastakas as Chief Operating Officer and Carolyn Crandall as Chief Marketing Officer and Chief Security Advocate of Cymulate. 06/09/2022
