CyberHat bags $15m Series B to expand security platform reach

Tel Aviv-based security operations firm CyberHat has raised $15m from a Series B funding round led by APAC investment firm Prytek.

The round also included participation from Mizrahi Bank, InCapital and previous investor mangrove. Following this Series B, the company has raised a total funding amount of $22m since its inception.

Established in 2013, CyberHat markets CYREBRO – a tech-agnostic cloud-based security operations center (SOC) – for monitoring, accelerated incident response, enhanced compliance and proactive threat hunting. The platform can be integrated with any existing security system or software, including internal network devices and all cloud-based platforms.

According to CyberHat, hundreds of globally established businesses have already used the CYREBRO platform to defend against data attacks and breaches. Such businesses include insurance firms, casinos, global retailers, banks and other Fortune 500 businesses.

The company intends to use the new capital to expand the adoption of its CYREBRO platform.

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