What is Cymmetria?
Founded in 2014, Cymmetria operates within the cybersecurity sector, focusing on cyber deception technologies. The company aims to shift the balance of power in cybersecurity, making hackers more vulnerable by employing advanced deception tactics. This strategic approach positions Cymmetria as an innovator in a market increasingly challenged by sophisticated cyber threats.
How much funding has Cymmetria raised?
Cymmetria has raised a total of $10.7M across 2 funding rounds:
Private Equity
$1.5M
Series A
$9.2M
Private Equity (2015): $1.5M with participation from Y Combinator, Seedcamp, Felicis Ventures, and Jeremy Yap
Series A (2015): $9.2M, investors not publicly disclosed
Key Investors in Cymmetria
Y Combinator
Y Combinator is a renowned accelerator that provides seed funding and mentorship to early-stage startups, known for backing numerous successful tech companies.
Seedcamp
Seedcamp is a venture capital firm that supports early-stage startups by providing investment, mentorship, and access to a global network. The firm focuses on ambitious founders and innovative companies across various sectors, helping them grow from initial concepts to successful businesses.
Felicis Ventures
Felicis Ventures is a venture capital firm that invests in early and growth-stage technology companies, often leading seed and Series A rounds in sectors like SaaS and AI.
What's next for Cymmetria?
The substantial enterprise-level funding Cymmetria has garnered suggests a phase of significant scaling and market expansion. This capital infusion is likely to fuel product development, enhance go-to-market strategies, and bolster the company's competitive position against established and emerging cybersecurity firms. Cymmetria's focus on deception technology indicates a forward-thinking strategy to proactively counter evolving cyber risks.
See full Cymmetria company page