Cyclops Raises $6.4M in Seed Funding

Cyclops, a Tel Aviv, Israel-based contextual cybersecurity search platform, emerged from stealth with $6.4M in seed funding.

The round was led by Merlin Ventures, Insight Partners, Tal Ventures and toDay Ventures, with participation from CrowdStrike’s strategic investment vehicle, CrowdStrike Falcon Fund, Mike Fey, CEO of Island.io; Dan Amiga, CTO of Island.io; Ofer Smadari, CEO of Torq; and Eyal Gruner, CEO of Cynet. 

The company intends to use the funds to meet demands from its customer base, hire more developers to continue product innovation and expand capabilities, and accelerate its go-to-market strategy.

Founded by cybersecurity veterans Eran Zilberman (CEO), Elay Gueta (CTO) and Biran Franco (CPO), Cyclops offers a search engine powered by generative AI to answer critical and timely questions about the state of an organization’s security posture, without the need for forensics or SIEM expertise.

The platform is built on a cybersecurity mesh architecture (CSMA), and powered by generative AI to create a user-friendly experience. Security teams can query Cyclops through a natural language search bar to gain meaningful insights about their environment and address vulnerabilities, security incidents and governance, risk and compliance scenarios.

Cyclops is generally available now and already serves existing customers in the fintech, insurance, hi-tech, and manufacturing verticals by significantly improving their efficiency around risk validation, vulnerability prioritization, posture management and compliance monitoring.

FinSMEs

26/07/2023