From RegTech Analyst
Cybersecurity consultant Cyble has received a pre-seed funding round from Y Combinator and has been accepted into its Winter 2021 accelerator programme.
The company hopes the accelerator will enable it to access connections, advice and mentorship to support its next growth phase.
With the pre-seed round funding, Cyble will invest into its research and development capabilities and core technologies.
The RegTech company combines its smart technology with human intelligence from a network of security researchers to provide companies with real-time visibility to vulnerabilities in their digital footprint on the dark web.
Headquartered in India, the capabilities include dark web monitoring, cybercrime intelligence, attack surface management, public infrastructure monitoring, code leakage detection, brand reputation monitoring, fraud intelligence, third-party suppliers scoring and incident response.
Cyble founder and CEO Beenu Arora said, “ “For too long, businesses have been reactive to cyber threats. Cyble seeks to empower organizations worldwide with the advanced intelligence they need to recognize imminent threats that directly matter to them. Being backed by Y Combinator boosts our capabilities and presents an opportunity for us to scale our business.”
Y Combinator has made a number of investments into the RegTech space. Late last year, the firm was among the investors to the $30m Series B round of API security company Salt Security.
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