What is Cyolo?
Cyolo is at the forefront of cybersecurity innovation, developing a Zero Trust Network Access solution designed to provide secure access to an organization's applications, servers, desktops, and files. Based in Tel Aviv, Israel, the company addresses the critical need for robust security in an increasingly distributed and cloud-centric work environment. Their platform enables users to connect securely, mitigating risks associated with traditional network access methods.
How much funding has Cyolo raised?
Cyolo has raised a total of $81M across 2 funding rounds:
Series A
$21M
Series B
$60M
Series A (2021): $21M with participation from Flint Capital, Merlin Cyber, National Grid Partners, Glilot Capital Partners, and Global Founders Capital
Series B (2022): $60M led by Merlin VC, Differential Ventures, National Grid Partners, Glilot Capital Partners, and Flint Capital
Key Investors in Cyolo
Merlin VC
Merlin VC is a U.S.-based, Israeli-focused early-stage cybersecurity fund that partners with high-growth startups. They provide hands-on collaboration and leverage a network of over 600 CISOs to drive success for cybersecurity companies from seed to scale.
Differential Ventures
Differential Ventures is an AI-focused venture capital fund investing in data-centric B2B tech companies, primarily at the early stage. They support data-focused founders with capital and operational expertise in areas like AI-powered business and responsible data management.
National Grid Partners
National Grid Partners invests in technologies that shape future energy systems, acting as a bridge between entrepreneurs and utilities. Their portfolio includes companies focused on AI, cybersecurity, and energy management, aiming to accelerate the future of energy.
What's next for Cyolo?
With substantial enterprise-level backing, Cyolo is poised for accelerated growth and market expansion. The company's focus on Zero Trust Network Access aligns with current cybersecurity trends, suggesting a strategic direction towards enhancing its product offerings and scaling its operations. Future developments are likely to involve further innovation in secure access technologies and strengthening its position within the competitive cybersecurity market, potentially through strategic partnerships or enhanced global reach.
See full Cyolo company page
