Cyble Raises $30.2 Million in Extended Series B Round to Drive AI Innovation Forward

Cyble, a leading cybersecurity firm dedicated to identifying and mitigating cyber threats in real-time, has successfully completed its series B funding round, securing an additional $6.2 million in funding. With this latest investment, Cyble has raised a total of $30.2 million to carve out a niche for its offerings in the cybersecurity market.

The successful conclusion of Cyble's recent Series B round serves as a clear indicator of the company's increasing prominence in the cybersecurity sector. With this latest infusion of funds, Cyble has officially closed the round with an impressive total of $30.2 million, featuring active participation from well-established investors, including King River Capital (Australia), and Summit Peak Ventures (US).

Blackbird Ventures stands as a prominent funding partner alongside esteemed investors such as Spider Capital (US) and January Capital (Singapore), who played pivotal roles in supporting Cyble's Series A funding round.

The Cyble Saga

Established by Beenu Arora and Manish Chachada in 2019, Cyble has swiftly carved out a significant presence in the cybersecurity landscape. The company consistently stays ahead of cyber threats by harnessing the capabilities of advanced products like Cyble Vision and Cyble Hawk.

Cyble Vision – Securing Enterprises from Dark Web Threats

Cyble Vision was launched in 2019 with the goal of democratizing visibility into the surface, deep, and dark web. Through its continuous monitoring of over 15 Billion pages on a daily basis, Vision can help users gain insights into the threats facing their organizations, the Threat actors targeting them via its Dark Web Monitoring module, leaked data for sale on cybercrime forums, and other key data points that can help them establish a comprehensive snapshot of their cybersecurity footprint.

Vision's capabilities as a Cyber Threat Intelligence Platform are not restricted to the dark web, however. As we have observed over the past few years, cybercrime activity over the surface web has also exponentially increased. With the help of Vision's Attack Surface Management (ASM) capabilities, users can assess their overall attack surface, analyze any weaknesses or redundancies in their existing cybersecurity infrastructure, and restructure their information security team's focus on any identified shortcomings as identified by Vision.

"Our mission at Cyble is to democratize Cyber Threat Intelligence, to confront cyber threats head-on, and this funding catapults us further toward that goal," noted Beenu Arora, co-founder and CEO of Cyble. "We're thrilled to have the unwavering support of an expanded investor base that shares our goals and values. The world's digital frontier demands innovation, and our investors' trust fuels our relentless pursuit of cutting-edge AI-powered cybersecurity solutions," he added.

While an organization's daily operations can be disrupted by cyberattacks, data breaches, ransomware, etc., perhaps the most fragile asset that any organization has is its reputation. Vision's extensive Brand Intelligence capabilities can help organizations identify, flag, and neutralize any incidence of Brand Impersonation and mitigate the damage from existing threats to their reputation via typosquatted domains, Business Email Compromise, as well as avoiding incidences of Phishing schemes and initiating takedown operations against malicious domains.  

Vision is not solely focused on organizations and their employees, however. It also has extensive modules that scan a constantly growing repository across the web to identify vulnerabilities in software, products, platforms, and supply chains, empowering organizations with an overall view of their cybersecurity outlook, which encompasses their vendors, third parties, partners, and clients as well.

AmIBreached: Illuminating your Dark Web Exposure

Cyble's offerings are not just geared toward organizations, however, as evidenced by AmIBreached. This tool empowers individuals to ascertain their exposure via real-time intelligence to identify, prioritize, and mitigate risks. But there's more.

Cyble Hawk: Specialized Cyber Defense for Government Agencies

The past few years have witnessed a surge in attacks against Governments and law enforcement and increasing incidences of cyber warfare due to global conflicts and rivalries. A recent example of this is the massive increase in Hacktivism attacks across the world.

Cyble has tailor-made a solution for Government entities, Law enforcement agencies, and regulatory bodies in the form of Cyble Hawk. Hawk is solely focused on securing Critical Information Infrastructure, military networks, and public-facing government portals for critical services. This is a clear statement of Cyble's intent to democratize dark web cyber threat intel for all, particularly institutions that are critical from a national security standpoint.

Aqui-hiring The Cyber Express

Cyble's strategic acqui-hiring of The Cyber Express marked a significant expansion in the cybersecurity domain. This move consolidated expertise and created a unified front against cyber threats. The Cyber Express by Cyble emerged as a crucial resource for the internet community, offering the latest news, updates, and in-depth knowledge in cybersecurity. With a team of skilled journalists and researchers, it provides comprehensive coverage on cyber threats, vulnerabilities, data breaches, and defense strategies.

ODIN: Elevating Cyber Intelligence with Advanced Scanning

The recent addition to the Cyble catalog is ODIN – one of the most powerful search engines for Internet Scanned Assets. ODIN is a tool that has multiple applications for different users, ranging from infosec professionals to researchers and cybersecurity enthusiasts, empowering them with information about any given host, such as IP Addresses, hostnames, tags, locations, etc., to better manage networks and conduct cybersecurity hygiene checks. This is supplemented by ODIN's Certificate Search feature, which allows users to scan and analyze digital certificates.

Extending Cybersecurity Collaboration through Cyble Partner Network

Cyble's newest initiative, the Cyble Partner Network, offers a comprehensive program for partners, providing advanced threat intelligence tools, training, support, and marketing resources, along with a dedicated account manager. Tailored for managed service providers, resellers, and technology partners, the program ensures competitive pricing and robust technical support, including integration assistance and certification programs. Partners benefit from sales and marketing aids, flexible licensing, and deployment options. The network's centralized partner portal facilitates resource access and opportunity management, empowering partners to grow their businesses effectively while contributing to the fight against cybercrime.

Global Recognition: Cyble's Ascent to Cybersecurity Leadership

Through its rapid scaling across the world and the introduction of new products and services, Cyble has been recognized as an industry leader in its own right, as evidenced by numerous accolades such as America's Best Startup Employer (Forbes), Fastest Growing Cybersecurity Company (Cyber Security Excellence Awards), Top Tech Companies Globally (CrunchBase).

These achievements underscore Cyble's growing significance in the cybersecurity domain. It highlights the continued trust and commitment of new and existing investors, client confidence, and industry recognition of Cyble's mission statement of democratizing dark web threat intelligence and the innovative approach it has adopted to help secure the global digital ecosystem.

Manish Chachada, Co-founder and COO of Cyble, commented, "Today, as we celebrate this remarkable $30.2 million Series B funding milestone, we stand more committed than ever. This capital infusion is a resounding vote of confidence in Cyble's vision to reshape the cybersecurity landscape."

The company's dedication to staying ahead of cyber threats and offering personalized cyber  threat intelligence has led to a surge in demand for its services. The recent funding round demonstrates investor confidence in Cyble's ability to address the evolving cybersecurity challenges. Cyble's latest funding achievement is a significant milestone for the company and a positive development for the global cybersecurity landscape. With the additional funding secured in the Series B round, Cyble is well-positioned to continue its mission of identifying and mitigating cyber threats in real time.

Securing the Cyber Sphere: Cyble's Plans for a Safer Digital World

Cybersecurity threats are evolving continuously, and staying ahead of threat actors needs an ongoing investment in research and development teams. The close of this extremely successful funding round will enable Cyble to enhance its threat intelligence capabilities by investing in advanced research, further refining its Artificial Intelligence and Machine Learning capabilities, and continuing to reach even more markets globally to serve the largest possible client base, improving customer support. This will help Cyble ensure that actionable threat intelligence, guidance, and assistance are available round-the-clock to all its customers worldwide.

To maintain its positioning as a premier cyber security entity, Cyble will continue to hire some of the best minds in the industry, something that this round of funding will further enable. This will ensure that Cyble maintains its competitive edge, continues to innovate across all its products and services, and develops new, cutting-edge solutions for the evolving digital threat landscape.

In addition to enhancing its technological infrastructure, the funds will also be used to expand Cyble's global presence. By reaching new markets and industries, Cyble aims to provide its services to a broader range of organizations and assist them in securing their digital assets.

As the digital threat landscape evolves and grows increasingly complex, the company's innovative approach and commitment to proactive cybersecurity solutions are essential in safeguarding organizations against the ever-evolving threat landscape. This successful funding round reinforces Cyble's status as a formidable player in the cybersecurity industry, capable of delivering crucial protection in an increasingly digital world.