Cyclops, an Israeli cybersecurity innovator, revealed today its emergence from stealth mode, powered by a successful seed funding round totaling $6.4 million.
The funding round was notably spearheaded by Insight Partners, Merlin Ventures, Tal Ventures, and toDay Ventures, with additional participation from CrowdStrike Falcon Fund and numerous angel investors.
Cyclops was established in 2022 and is headquartered in Tel Aviv. The company specializes in a unique cybersecurity search platform that uses generative AI to provide data regarding an organization’s cybersecurity status.
The solution, grounded on a robust cybersecurity mesh architecture (CSMA), effectively integrates with pre-existing tools to collect metadata on assets, SaaS applications, cloud instances, among others.
The platform allows security teams to access a natural language search bar, querying the Cyclops system to receive information about their organization’s environment, including risks, incidents, vulnerabilities, compliance, and data governance.
Cyclops confirmed that its solution is now generally available and is being utilized by organizations within the fintech, hi-tech, manufacturing, and insurance sectors.
The recent investment will facilitate the company in recruiting new talent, advancing its product’s capabilities, accelerating its market-entry strategy, and scaling to match the growing customer demand.
“Cyclops’ primary objective is to equip security teams with the tools they need to preemptively counteract cyber threats and prioritize addressing high-risk vulnerabilities with the necessary contextual data. The platform offers straightforward and concise responses, much like Google Search or ChatGPT, providing pertinent security information to assist security teams in making better, more expedient decisions,” stated Eran Zilberman, CEO of Cyclops.
