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What does LightCyber do?
LightCyber, is a leading provider of behavioral attack detection solutions. The company provides security visibility with a low volume of high confidence alerts, for catching attackers other tools miss. The company provides efficient and accurate security visibility into attacks which have slipped through the traditional security controls cracks. The company’s LightCyber Magna is the 1st security product to intgrated network, user and endpoint context for providing security visibility into a range of attack activity. The company is led by world class cyber security experts. Its products have been deployed successfully by top clients globally in the legal, financial, government, technology, telecom and media sectors.
How much LightCyber was funded?
The company raised $20M in Series B on June 22, 2016 from Glilot Capital Partners, Battery Ventures, Amplify Partners, Shlomo Kramer and Access Industries.
Previous funding
$1.5M on December 8, 2011 from Glilot Capital Partners
$10.5M in Series A on September 10, 2014 from Glilot Capital Partners, Amplify Partners and Battery Ventures
What is next for LightCyber?
The company’s latest funding round through ClalTech, and Shlomo Kramer, who joined this company’s board of directors. The new funding will be used for fueling further its growth in marketing and sales globally. The company has been expanding rapidly since its last round of funding. The company has announced the opening of its EMEA regional headquarters and operations in Austria, UK, Germany and Switzerland. The company has raised its sales team by 150% over the past 3 months and has plans of growing it by a total of 400% by the end of 2016.
More about LightCyber
LightCyber was founded in on January 27, 2012 by Michael Mumcuoglu and Giora Engel. It has its headquarters in Ramat Gan and Tel Aviv. The company provides organizations with security visibility into active attacks from insiders and cyber criminals which would otherwise not be visible to the regular security.
