Cymulate raises $70 mn in VC funding

Cymulate, a specialist in Extended Security Posture Management (XSPM) solutions, has raised $70 million in Series D VC funding.
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The investment was led by existing investors One Peak, together with Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.

Cymulate raised $114 million to date.

Cymulate will use the VC fund to accelerate the company’s global expansion and technological capabilities.

Cymulate has more than 500 customers globally, including Fortune 500 companies and strategic partners such as Optiv and Wipro.

By the end of this year, Cymulate plans to further expand its staff by 75 percent to continue supporting its go-to-market efforts.