CYFIRMA secures new funding to make it on its own

CYFIRMA, a predictive cyberthreat visibility and intelligence analytics solution, has received a new batch of funding.

The close of the investment comes in conjunction with its separation from Antuit, an AI-powered solution to help companies with their marketing, merchandising, and supply chain challenges.

To support the company’s new independency, it has received some funding to help growth.

The RegTech company helps businesses to ensure their cybersecurity measures are up-to-date and prepared for upcoming attacks. By leveraging AI and machine learning technology, clients can access real-time threat insights, visibility and situational awareness, receive earliy indicators to potential threat, and use a single tool for threat hunting and correlation.

CYFIRMA is backed by Goldman Sachs Merchant Banking Division and Zodius Capital.

Zodius Capital senior managing director and Founder Neeraj Bhargava said, “CYFIRMA has a unique standing in global cybersecurity and threat intelligence markets.

“Since 2017, Antuit has incubated CYFIRMA which has been mutually beneficial, creating value and shareholder interest in the entity. It is timely now for CYFIRMA to become a separate entity. We have invested in CYFIRMA’s unique intelligence driven approach, technology, and real-world benefits organisations can receive. We will continue supporting CYFIRMA to realise its true global potential.”

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