Pcysys has secured $25m Series B funding to keep developing its cybersecurity offering

From: RegTech Analyst

Cybersecurity startup Pcysys has closed a $25m Series B funding round led by Insight Partners to expand internationally and to keep developing its software.

Existing investors Awz Ventures and the Blackstone Group have previously supported Pcysys’ $10m Series A round and returned for the Series B.

The round brings the total raised by Pcysys to $40m, according to VentureBeat.

The company was founded in 2015 and provides a solution said to curb cyber threats through an automated testing platform.

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