Cyber intelligence company Cyble secures US$10 million Series A financing round

 

Cyble Co-founders, Beenu Arora (right) and Manish Chachada (left) (Photo: Business Wire) 

KUALA LUMPUR, Feb 23 -- AI-powered cyber intelligence company Cyble announced it has raised a US$10 million Series A financing round led by Blackbird, with continued participation from Spider Capital, January Capital, Cendana Capital, and VentureSouq. (US$1 = RM4.181)

The funds will be allocated to expanding Cyble’s product roadmap, enabling deeper penetration into existing & new markets, and amplifying its Cyble Research Labs (CRL) capabilities.

“The Series A funding round is a major milestone for our rapidly growing company, and affirmation of Cyble’s emergence as a pioneer and thought leader in the infosec industry,” said  Chief Executive Officer and Co-founder of Cyble, Beenu Arora.

“We are thrilled to receive this support and intend to direct these funds to drive our research, development, and intelligence capabilities to greater heights. Cyble is committed to deliver comprehensive cybersecurity solutions that resonate with our growing client base.”

Meanwhile, co-founder and COO of Cyble, Manish Chachada said: “We are incredibly excited to receive the support from our investors to continue to carry out Cyble’s vision, and honoured that Cyble is recognised as a leading voice in cybersecurity and a trusted partner that enables businesses to advance their Digital Risk Protection Strategy.”

The news of Series A funding marks almost a year since Cyble’s initial Seed funding round. In April 2021, Cyble announced it raised US$4 million led by Blackbird and Spider Capital, with participation from Picus Capital and Cathexis Ventures.

Founded by Beenu Arora and Manish Chachada in 2019, Cyble continuously monitors the darkweb and surfaceweb data in real-time across open and closed sources to map, monitor, and mitigate companies' digital risk footprint.

Currently, Cyble is present in six nations and has tripled in business YoY, according to a statement.

Alongside its continual focus to minimise and manage cyber risk for its clients, Cyble recently introduced a Law Enforcement Agency (LEA) and defence threat intelligence tailored solution, Cyble Hawk to aid law enforcement and government agencies in combating cyber risks that have national and geopolitical ramifications.

More details at www.cyble.com.

-- BERNAMA