Atlanta, Georgia, US: In an era increasingly defined by cybersecurity imperatives, Cyble distinguishes itself as a pivotal force in cyber defense. Today, Cyble, the fastest-growing threat intelligence provider that blends cybersecurity and artificial intelligence to develop state-of-the-art threat intelligence solutions, announced a $24 million injection of capital through Series B funding.
Over the years, Cyble has been steadily gaining recognition as the favored solution for Dark Web and Threat Intelligence among cybersecurity specialists, solidifying its position as the champion of a secure digital future with its advanced AI technologies.
The funding round, co-led by Blackbird Ventures and King River Capital with participation from Spider Capital, January Capital, Summit Peak Ventures, and others, will fuel Cyble’s technical roadmap, particularly in enhancing its AI-driven security solutions and furthering its global expansion.
New investor Zeb Rice, co-founder at King River Capital and the newest member on the Cyble board, commented, “From our extensive work in AI over the last 15 years, it’s evident Cyble is deploying this groundbreaking tech in a way that is revolutionizing cyber security. Its platform is capable of identifying and guarding against diverse threats from across the web on an unprecedented scale. And the growth and caliber of its customer base stand testament to the global recognition from companies needing best-in-class protection in an ever-evolving and intricate digital landscape. We’re delighted to be partnering with Cyble at such a pivotal time for the business and for the wider market.”
Returning investor, Blackbird Venture’s Tom Humphrey, says “Cyble’s growth has been remarkable to observe. In just a year’s time, the company has seen its team double in size, its customer base surge almost fourfold, and its footprint expand into the Middle East, Europe, and Latin America. Beenu and Manish have emerged as leaders and built a strong leadership team around them.”
With employees based in 11 countries, Cyble’s global influence extends across developed and emerging markets. Cyble has built customized threat intelligence solutions for everything from government entities to Fortune 50 companies to agile startups.
Cyble has garnered significant recognition in the cyber industry. The company was awarded Forbes Best Startup Employer in the US, the Most Preferred Workplace 2023 by Team Marksmen, and one of the Fastest-Growing Cybersecurity Companies 2023 in North America by the Cybersecurity Excellence Awards. These honors represent Cyble’s steadfast commitment to industry-leading excellence and reshaping industry standards.
Talking about the Series B funding, the founders, who are alumni of Columbia Business School and London Business School, expressed their views. Beenu Arora, Cyble’s CEO and Co-Founder, says, “This investment stands as a testament to the hard work our team has been investing to execute toward our vision. With this investment, we are able to significantly ramp up our product investments and our global marketing efforts.
At Cyble, our mission is bold: to democratize cybersecurity. Through innovative solutions like Cyble Vision, Cyble Hawk, AmIBreached, Cyble Odin, and The Cyber Express, our goal is to ensure the path to digital safety is accessible to all. As Artificial Intelligence continues to evolve, so do the imperatives of cyber defense. Several threat actors are leveraging AI, which is touted as the future of cybercrime. At Cyble, we are committed to providing businesses and individuals with the most advanced insights and AI tools needed to secure their digital territories.”
Manish Chachada, Cyble’s COO and Co-Founder, added, “Following the Russian invasion of Ukraine, a surge in global cyber warfare has underscored the crucial need for companies to heighten their security measures and monitor dark web activities. Threat Intelligence has never been more important.”
Cyble stands out as an unparalleled threat intelligence company for several compelling reasons. With visibility into over 6,000 Darknet marketplaces and an ambitious roadmap to reach an astounding 50,000, Cyble boasts the highest industry visibility. Backed by exceptional data engineering and AI capabilities, Cyble achieves an impressive >90% signal-to-noise ratio, surpassing its competitors and generating enriched alerts within 2 minutes, setting new efficiency benchmarks.
With an exceptional 90% coverage of cybercrime activities, Cyble delivers 10 times more comprehensive insights. At the same time, its NLP (Natural Language Processing) support for multiple languages like Russian and Arabic enables global threat detection.
Lastly, the fully white-label MSSP Platform allows seamless integration and customization, exemplifying Cyble’s commitment to exceeding expectations and solidifying its position as an industry-leading force in the space of threat intelligence.
About Cyble
Cyble (YC W21) is a prominent global leader in AI-powered cyber threat intelligence, specializing in the Deep Web, Dark Web, and Surface Web. Cyble’s commitment to excellence and innovation has earned it prestigious accolades, including recognition among America’s Best Startup Employers by Forbes and multiple wins at the Global InfoSec Awards 2023. It has also been honored as one of the Fastest-growing Cybersecurity Companies-2023 in North America by the Cybersecurity Excellence Awards. With a strong emphasis on workplace satisfaction, Cyble has been named one of the Most Preferred Workplaces in 2023 by Team Marksmen.
To learn more about Cyble, visit: www.cyble.com/request-demo
Backed by Y-Combinator and headquartered in Atlanta, Cyble has established a widespread global presence, with offices in the US, Singapore, Australia, Japan, Dubai, India, and several other countries. Serving a diverse clientele, the company boasts over 200 customers, including Fortune 500 companies, and operates with a talented team of over 200 employees spread across 12 nations.
Media Contact:
Cyble Inc
enquiries@cyble.com
Ph: +1 678 379 3241
Stay Cyber-Informed!