AI Darkweb monitoring startup Cyble secured US $10 Million in Series A funding


Cyble, an Atlanta-based Artificial Intelligence-powered cyber intelligence company, has now secured $10 million in a Series A funding round.

Cyble was founded by Beenu Arora and Manish Chachada in the year 2019. It is a threat intelligence SaaS provider that helps organizations to protect themselves from cybercrimes and exposure in the surface web, dark web, and deep web.

Its major focus is to offer organizations real-time visibility to their digital risk footprints. It monitors the surface web and dark web data in a real-time scenario across open and closed sources to monitor, map, and mitigate companies against the risk footprint.

Executive Opinion

Manish Chachada, co-founder and COO of Cyble, said, "Cyble began with an ambitious goal to democratize visibility into the dark web and empower organizations to fortify their security infrastructure and consequently ensure resilience to malicious cyberattacks. We are incredibly excited to receive the support from our investors to continue to carry out Cyble’s vision, and honored that Cyble is recognized as a leading voice in cybersecurity and a trusted partner that enables businesses to advance their Digital Risk Protection Strategy."

Minsoo Chi of Spider Capita, said, "We’ve been impressed with Beenu and Manish and the entire Cyble team on their execution towards providing organizations with real-time visibility into the darkweb. We are thrilled to continue to support them in their vision to democratize digital risk protection."

Cyble's Latest Funding

The round was backed by Blackbird.  Other participating investors include January Capital, VentureSouq, Spider Capital, and Cendana Capital.

The AI startup, as of now, has plans to use the new funds to expand its product roadmap, amplifying its R&D Labs Capabilities and enabling deeper penetration into new & existing markets, notes the announcement.
PC: Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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