Home Technology Gadgets Israeli cybersecurity startup XM Cyber raises $17 million

Israeli cybersecurity startup XM Cyber raises $17 million

Israeli Cybersecurity

Israeli cybersecurity startup XM Cyber said it raised $17 million in funding from Macquarie Capital, Nasdaq Ventures, Our Innovation Fund, and Swarth Group.

XM Cyber has now raised a total of $49 million. It will use the latest funding to grow its research and development department and expand its sales and marketing.

The company said it has seen growth in demand for its technology to simulate attacks against cloud-based resources.

CEO Noam Erez said businesses have shifted to working remotely during the COVID-19 crisis, which has added millions of endpoints to corporate networks and expanded the attack surface for cybercriminals.

In December, XM Cyber introduced technology that can simulate attacks on Amazon Web Services.

The company has customers in the United States, Europe, and Asia with a growing presence in Latin America.

Also Read: 10th and 12th board results will come on July 10 at 3 pm, results are delayed for the whole 2 months this year | 10 जुलाई दोपहर 3 बजे आएगा 10th और 12th बोर्ड का रिजल्ट, इस साल पूरे 2 महीने लेट हैं नतीजे

Israeli cybersecurity startup XM Cyber raises $17 million
I’m a blogger- a 34 something-year-old from the INDIA.

Must Read

Indian marketers to increase dependence on consumer data: EY Study

‘Brands struggled to break down internal silos, activate data and build right skillsets to drive ROI’. Some 82% of Indian brands who participated in...

Amazon Freedom sale: Top offers on printers from HP, Epson, Canon and others with up to 22% discount

Amazon has kickstarted its five-day long ‘Great Freedom’ sale. The e-commerce giant is offering discounts of up to 70% on a range of electronics...

Vivo Y12G Launched In India, Know The Price And Specifications Of The Phone

स्मार्टफोन कंपी Vivo ने आज भारत में अपना बजट स्मार्टफोन Vivo Y12G लॉन्च कर दिया है. फोन को एक...

Gold gleams, silver struggles – The Hindu

Precious metals remained broadly range bound in July. After a distinctly weak performance in June, Comex gold managed to close in the green. The...

Going on vacation? Here’s how you can set automatic an out-of-office message in Gmail

If you are planning to travel anytime soon and don’t want to be bothered by emails then you should make use of Gmail’s vacation...
Israeli cybersecurity startup XM Cyber raises $17 million