Cyscale, a Cluj-Napoca, Romania-based graph-based cloud security analysis company, raised €3M in funding.
The round was led by Notion Capital, with participation from Seedcamp, GapMinder, Micha Hernandez van Leuffen, and David Mytton.
The company intends to use the funds to accelerate growth and expand operations, team and product.
Founded in 2019 by Manuela Țicudean, Ovidiu Cical, and Andrei Milaș, Cyscale develops protection software solutions for information stored in the cloud, and that performs data risk analysis. The company is building a comprehensive ‘Security Knowledge Graph™’ for an organization, ingesting data from multiple sources and generating an in-depth contextual analysis for each of its cloud assets. Leaving no risk or misconfiguration uncovered, it allows security teams to prioritize the remediation of high-risk issues. In addition, Cyscale has built a compliance module that helps security leaders track gaps between any policies they’ve defined and their technical implementations in the cloud.
The company raised €350,000 on SeedBlink in 2021.
FinSMEs
20/05/2022