About Cye
Cye is a company based in Herzliya (Israel) founded in 2011 by Haim Aharoni.. Cye has raised $120 million across 1 funding round from investors including EQT and 83NORTH. Cye has completed 1 acquisition, including Solvo Cloud. Cye offers products and services including Hyver Platform, Expert Services, and Organizational Assessment. Cye operates in a competitive market with competitors including Proofpoint, SecurityScorecard, BitSight, AlienVault and DeNexus, among others.
- Headquarter Herzliya, Israel
- Founders Haim Aharoni
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 M (USD)
in 1 rounds
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Latest Funding Round
$120 M (USD), Series A
Feb 10, 2021
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Investors
EQT
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Cye
Cye offers a comprehensive portfolio of products and services, including Hyver Platform, Expert Services, and Organizational Assessment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for visualizing attack routes and quantifying cyber risk financially.
Services for assessing security controls and providing strategic advice.
Tool to uncover vulnerabilities and misconfigurations in security systems.
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Funding Insights of Cye
Cye has successfully raised a total of $120M through 1 strategic funding round. The most recent funding activity was a Series A round of $120 million completed in February 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $120.0M
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First Round
First Round
(10 Feb 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Series A - Cye | Valuation | EQT |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cye
Cye has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EQT and 83NORTH. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech-focused, stage-agnostic venture capital is provided by 83NORTH.
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Founded Year | Domain | Location | |
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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cye
Cye has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Solvo Cloud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud security solutions provider
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cye
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cye Comparisons
Competitors of Cye
Cye operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Proofpoint, SecurityScorecard, BitSight, AlienVault and DeNexus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Enterprise cybersecurity solutions are delivered via a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud-based security ratings and cybersecurity risk solutions are offered.
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| domain | founded_year | HQ Location |
Cloud-based cyber risk management solutions are delivered for various industries.
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| domain | founded_year | HQ Location |
Analytics, vulnerability assessment & SIEM based enterprise security
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| domain | founded_year | HQ Location |
AI-driven cyber risk management is offered to enterprises.
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| domain | founded_year | HQ Location |
Threat intelligence and digital risk protection solutions provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cye
Frequently Asked Questions about Cye
When was Cye founded?
Cye was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is Cye located?
Cye is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Is Cye a funded company?
Cye is a funded company, having raised a total of $120M across 1 funding round to date. The company's 1st funding round was a Series A of $120M, raised on Feb 10, 2021.
What does Cye do?
Founded in 2011 in Herzliya, Israel, Cye operates in the cybersecurity sector. A platform is provided to evaluate and address cyber risks across ecosystems. Comprehensive assessments are conducted to identify vulnerabilities, risks are analyzed in depth, and tailored mitigation strategies are developed. Services focus on optimizing security measures for organizations worldwide.
Who are the top competitors of Cye?
Cye's top competitors include Proofpoint, SecurityScorecard and BitSight.
What products or services does Cye offer?
Cye offers Hyver Platform, Expert Services, and Organizational Assessment.
How many acquisitions has Cye made?
Cye has made 1 acquisition, including Solvo Cloud.