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Security News

10 Hot Startups That Raised VC Funding In November

Kyle Alspach

XM Cyber

Headquarters: Herzliya, Israel

CEO: Noam Erez

Funding: $22 million Series A

Investors: Macquarie Capital, Nasdaq Ventures, Our Innovation Fund, UST Global

What it does: Provider of a fully automated APT (advanced persistent threat) simulation and remediation platform

CEO Quote: "In this era of hyper-sophisticated cybercrime, our solution demonstrates that organizations should be asking themselves 'Are my critical assets really secure?' as there is a plethora of ways hackers can compromise them. 2018 has been an incredible year for XM Cyber, and this funding round will help us expand our footprint in 2019."

 
Kyle Alspach

Kyle Alspach is a Senior Editor at CRN focused on cybersecurity. His coverage spans news, analysis and deep dives on the cybersecurity industry, with a focus on fast-growing segments such as cloud security, application security and identity security.  He can be reached at kalspach@thechannelcompany.com.

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