Cyware Raises $30M in Series B Funding


Cyware, a NYC-based Virtual Cyber Fusion platform provider, raised $30m in Series B funding.

The round, which brought total funding raised to date to $43m, was led by Advent International through Advent Tech, as well as Ten Eleven Ventures, with participation from previous investors, including the Prelude Fund (the venture practice at Mercato Partners), Emerald Development Managers, Great Road Holdings and Zscaler.

The company will use the funds to double down on product innovation, increase hiring across all departments and expand its global sales and channel programs.

Led by Anuj Goel, Ph.D., Co-founder and CEO, Cyware provides a Virtual Cyber Fusion platform that combines technical and strategic threat intelligence and next-generation security orchestration, automation and response (SOAR) to deliver the visibility security operations teams need to work collaboratively and protect their organizations from advanced attacks. Its unified platform brings together historically siloed security efforts to deliver a collaborative threat response and increases analyst productivity through intelligent threat scoring, empowering rapid response to high-priority threat alerts.

The company’s customer base includes several major Information Sharing and Analysis Centers (ISACs).