Atlanta-based AI-based Threat Intelligence solutions provider, Cyble, recently announced that it has raised $24 million in Series B funding. This significant achievement marks a milestone for the company, validating its pioneering approach as a “threat intelligence provider.” Cyble uses artificial intelligence (AI) and Dark Web Monitoring to stay ahead of cybercriminals, and the new funding will be used to expand its AI-driven product line and enter new markets.
In a recent interview with The Cyber Express, Cyble’s co-founders Beenu Arora and Manish Chachada discussed the company’s progress, ambitions, and the evolving cybersecurity landscape. Since its inception, Cyble has experienced impressive growth, with a growth rate of over 3X year on year. This success can be attributed to the dedicated team and strong ecosystem of partners that Cyble has built.
Arora and Chachada explained that the cybersecurity industry’s growth has played a significant role in Cyble’s success. Uncertainty in the geopolitical landscape has led to increased spending on cybersecurity, creating opportunities for innovative companies like Cyble. Arora, who has extensive experience in the cybersecurity industry, recognized the need for an early warning system in Intel solutions, which inspired the creation of Cyble.
The idea for Cyble originated during Arora and Chachada’s time at Columbia Business School. What started as a school project eventually evolved into a mission-oriented company. Chachada described working at Cyble as a job with a purpose and mission, with the team driven by the objective of making the world more secure. The continuous evolution of the geopolitical environment and emerging cybersecurity issues keeps the team motivated and focused.
The co-founders emphasized Cyble’s data-driven nature and commitment to delivering customer-centric solutions. AI plays a crucial role in Cyble’s operations, simplifying the lives of software and cybersecurity analysts. Cyble plans to continue investing heavily in AI and engineering capacity to optimize the utilization of the data it collects from various markets.
Cyble’s product portfolio includes its flagship enterprise-centric product, Cyble Vision, and Cyber Hawk, a product focused on law enforcement agencies and governments. These products provide practitioners with the necessary tools to analyze and interpret Intel, a critical aspect of cybersecurity where timing is essential. Additionally, Cyble offers a product called AMIBreached, designed to enable individuals to obtain the Intel they need.
One of Cyble’s most exciting products is Odin, an internet scanning technology that aims to scan the entire internet and identify any exposure, vulnerabilities, or weaknesses. This product aligns with Cyble’s ultimate mission, which is to protect everyone on the planet. With the new funding, Cyble is primed for rapid business growth, solidifying its position in the cybersecurity industry.
Cyble’s strategic approach and innovative solutions offer a comprehensive and effective defense against cyber threats. This represents a significant advancement in the field of cybersecurity and demonstrates Cyble’s commitment to making the world a safer place.