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$5.5 M Pre-Series B funding secured by CYFIRMA from OurCrowd, L&T

An external threat landscape management company called CYFIRMA has raised $5.5 million in a pre-Series B round that was jointly led by OurCrowd, based in Israel, and L&T Innovation Fund.

With the completion of this round, CYFIRMA has now amassed a little under $18 million in funding.

According to a press release from CYFIRMA, the funds will be used for hiring across verticals and brand building, as well as for product innovation, forays into new international markets in North America, Europe, and the MENA region, as well as expanding the already-existing markets in SEA, including India, Singapore, and Japan.

CYFIRMA, a company founded by Kumar Ritesh, delivers an early warning, customized, outside-in, and multi-layered insights by fusing cyber intelligence with attack surface discovery and digital risk protection. Its cloud-based AI and ML-powered analytics platform gives users a hacker’s perspective with in-depth knowledge of the external cyber landscape, assisting users in getting ready for impending attacks.

According to CYFIRMA, the business has developed a platform that analyzes threat indicators from a variety of sources, including the dark web, to provide actionable insights on impending attacks. Businesses use intelligence to mitigate risks across both technology and non-technology domains and stay one step ahead of cybercriminals.

The company wants to grow in Japan, India, the US, and the EU. Government agencies as well as businesses in the manufacturing, financial services, retail, industrial products, natural resources, and pharmaceutical industries are listed as customers of the company.

 

 

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