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§ Private Profile · Holon, Tel Aviv, Israel
Exposure management SaaS platform providing breach and attack simulation, automated pen testing, and CTEM for enterprises.
Based in Holon, Israel, Cymulate is a cybersecurity company that provides a SaaS exposure management platform for breach and attack simulation, automated penetration testing, and continuous threat exposure management. The enterprise software platform integrates with existing security tools to help organizations validate their security controls, prioritize critical vulnerabilities, and safely simulate real-world cyberattacks across dynamic corporate IT environments. Operating globally with a workforce of approximately 200 employees across six offices, the company serves a client base of over 1,000 enterprise and mid-market customers spanning 50 countries. Cymulate maintains additional corporate hubs in major business centers including Dallas, New York, and London, while also partnering with major technology integrators like WWT to deliver its comprehensive cybersecurity validation services. The organization was founded in 2016 by former Israel Defense Forces intelligence officers Eyal Wachsman and Avihai Ben-Yossef.
Cymulate has raised $145.0M across 6 funding rounds.
Cymulate has raised $145.0M in total across 6 funding rounds.
Cymulate has raised $145.0M in total across 6 funding rounds.
Cymulate's investors include David Klein, Noga Yerushalmi, Sanofi Ventures, Section 32, Vertex Ventures Israel, Sigalit Klimovsky, Dell Technologies Capital, Susquehanna Growth Equity, Vertex Growth, Tam Hock Chuan, Alon Weinberg, Emanuel Timor.
Cymulate has raised $145.0M across 6 funding rounds. Most recently, it raised $70.0M Series D in September 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2022 | $70M Series D | David Klein | Noga Yerushalmi, Sanofi Ventures, Section 32, Vertex Ventures Israel, Sigalit Klimovsky, Dell Technologies Capital, Susquehanna Growth Equity, Vertex Growth | Announced |
| May 1, 2021 | $45M Series C | David Klein | Noga Yerushalmi, Sanofi Ventures, Section 32, Vertex Ventures Israel, Sigalit Klimovsky, Dell Technologies Capital, Susquehanna Growth Equity, Vertex Growth | Announced |
| Nov 1, 2019 | $15M Series B | TAM Hock Chuan | Noga Yerushalmi, Sanofi Ventures, Section 32, Vertex Ventures Israel, Sigalit Klimovsky | Announced |
| Mar 1, 2019 | $8M Series A | Alon Weinberg, Emanuel Timor | Cyberstarts VC, Noga Yerushalmi, Sanofi Ventures, Section 32, Vertex Ventures Israel, Sigalit Klimovsky, Eyal Gruner, Susquehanna Growth Equity | Announced |
| Mar 9, 2017 | $3M Series A | Susquehanna Growth Equity | — | Announced |
| Mar 1, 2017 | $4M Seed | — | Cyberstarts VC | Announced |
Cymulate is a cybersecurity company offering a SaaS-based Exposure Management Platform focused on Continuous Threat Exposure Management (CTEM) and Breach and Attack Simulation (BAS). It simulates real-world cyberattacks to validate security controls, prioritize risks, and provide remediation across the full attack lifecycle, serving mid-market and enterprise customers in over 32 countries.[1][2][5] The platform integrates with EDR, vulnerability management, cloud security, SOAR, and other tools to deliver 40x faster threat validation, 85% improved detection accuracy, and 24/7 posture monitoring, differentiating it from traditional pen-testing or vulnerability tools by emphasizing continuous, AI-driven, production-safe simulations.[1][3][4]
Founded in June 2016 by an elite team of former IDF intelligence officers, Cymulate emerged from frustrations with inefficient manual offensive cybersecurity operations in the field.[2][5][8] Co-founder and CEO Eyal Wachsman, with 22 years in information security including VP roles at Avnet, led the effort alongside Eyal Gruner, who demonstrated system weaknesses to bank management early in his career.[5] The idea crystallized into a plug-and-play SaaS platform mimicking sophisticated attacks via high-end simulations, quickly gaining traction with over 400 customers globally and offices in the USA, UK, and Spain.[2][5]
Cymulate rides the CTEM and XSPM wave, automating red teaming amid rising sophisticated threats like APTs and ransomware, where traditional vulnerability management falls short.[1][5][8] Its timing aligns with cloud-native shifts and zero-trust demands, enabling enterprises to validate controls across hybrid environments without disruption.[3] Market forces like regulatory pressures for continuous assurance and SIEM/EDR overload favor its scalable simulations, influencing the ecosystem by setting BAS standards—pushing competitors toward AI and full-lifecycle coverage while boosting partner tools' efficacy through integrations.[1][6]
Cymulate's momentum, with 600+ customers and AI Copilot innovations like Dynamic Attack Planner, positions it to dominate exposure management as threats evolve.[4][5] Expect expansions in AI-orchestrated defenses, deeper MITRE ATT&CK alignment, and SOAR automation to handle quantum-era risks and regulatory waves. Its IDF-rooted agility could evolve it into a defense orchestration leader, continuously validating the security gaps it once exposed in the field.