Cymulate Announces Funding from Susquehanna Growth Equity

Cymulate has announced $3 million of new financing led by Susquehanna Growth Equity, LLC (SGE). Cymulate is a SaaS based cyber-attack simulation company that helps organizations with complex security solutions safeguard their business-critical assets. Cymulate’s unique platform assesses the security preparedness of their customers’ systems. By exposing hidden vulnerabilities and offering actionable insights, Cymulate helps identify and resolve security gaps before they are exploited, saving their customers’ time and money. SGE’s funding is in addition to the seed round that was led by Eyal Gruner. Gruner is the CEO of Cynet and previously worked with SGE as the CEO and Founder of Versafe, a fraud prevention solution that was acquired by F5 Networks, Inc. in 2013.