CYBLE TO ENHANCE AI-POWERED THREAT INTELLIGENCE SOLUTIONS VIA US$24 MLN FUNDING

Beenu Arora (CEO and Co-Founder, Cyble) with Manish Chachada (COO & Co-Founder, Cyble) (Graphic: Business Wire)

KUALA LUMPUR, Aug 4 (Bernama) -- Cyble, the fastest-growing threat intelligence provider has announced a US$24 million injection of capital via Series B funding, co-led by Blackbird Ventures and King River Capital with participation from Spider Capital, January Capital, and Summit Peak Ventures, among others. (US$1=RM4.53)

According to a statement, the funding round will fuel Cyble's technical roadmap, particularly in enhancing its artificial intelligence (AI)-driven security solutions and furthering its global expansion.

Cyble Chief Executive Officer and Co-Founder, Beenu Arora said this investment was a testament to the hard work the company’s team has been investing to execute toward its vision.

“At Cyble, we are committed to providing businesses and individuals with the most advanced insights and AI tools needed to secure their digital territories,” he added.

Meanwhile, its Chief Operating Officer and Co-Founder, Manish Chachada said: “A surge in global cyber warfare has underscored the crucial need for companies to heighten their security measures and monitor dark web activities. Threat Intelligence has never been more important.”

Cyble has been steadily gaining recognition as the favoured solution for Dark Web and Threat Intelligence among cybersecurity specialists, solidifying its position as the champion of a secure digital future with advanced AI technologies.

With employees based in 11 countries, Cyble's global influence extends across developed and emerging markets, and has built customised threat intelligence solutions for everything from government entities to Fortune 50 companies to agile startups.

-- BERNAMA