The IT Nerd

Cyware, the leading provider of AI-powered Cyber Fusion platforms for enterprises and MSSPs, and automated threat intelligence sharing for information sharing networks, today announced a $30 million Series C financing round led by Ten Eleven Ventures, a leading multi-stage investment firm specializing in cybersecurity. Also participating are previous investors including Advent International, Zscaler, Emerald Development Managers, Prelude (the venture practice at Mercato Partners) and Great Road Holdings.

The Series C financing comes as Cyware has experienced strong year-over-year growth propelled by robust market adoption, excellent customer retention, and extraordinarily large market access. Since Series A financing, Cyware has shown growth of 6x and consolidated its position as an industry leader for threat intelligence automation, security orchestration, and collaborative threat response solutions. Earlier this year, Cyware achieved FedRAMP Ready status for its Cyber Fusion platform and was named one of the most innovative and promising cybersecurity companies by JMP Cyber 66, as well as being recognized in the 2022 Deloitte Technology Fast 500 as one of the Fastest Growing Technology Firms in North America.

Cyware’s cloud-based platform is leveraged by top Fortune 1000 and MSSP security teams to transform their legacy SOCs into Cyber Fusion Centers. The platform seamlessly integrates the AI-powered threat intelligence platform (TIP) with data orchestration and workflow automation (SOAR), to facilitate and synchronize actions between cloud and on-premises security tools and technologies. This enables security teams to connect the dots on emerging threats by correlating actionable threat intelligence with detection, threat hunting, vulnerability management, and incident response operations. Cyware’s Cyber Fusion platform is modular, and the underlying TIP, SOAR, and Collaborative Threat Response components can be leveraged in combination or individually by security teams providing them greater flexibility in transforming conventional SOCs.

The Cyware platform has become the backbone of global Threat Sharing Networks. Almost all major ISACs (Information Sharing and Analysis Centers), ISAOs, and CERTs use Cyware’s platform to automate threat intelligence sharing, analysis, and actioning for more than 30,000 enterprise members and government entities. The platform also enables large conglomerates, industry groups, and private communities to activate and share threat intelligence with their distributed businesses, clients, and suppliers, and benefit from automated collective defense against ransomware, supply chain attacks, and zero-day vulnerabilities.

Cyware plans to leverage this new round of funding to fuel further growth and accelerate channel business and strategic alliances while expanding its global footprint.

Cyware, a leading provider of threat intelligence management and cyber fusion solutions, announced today a strategic technology partnership with Mimecast, an advanced email and collaboration security company. This technology alliance brings together Mimecast’s advanced secure email gateway with Cyware’s cutting-edge security automation and collaboration platform. The joint solution will provide customers with proactive defense against ransomware, malware, phishing, and other evolving cyberthreats.

Cyware’s Cyber Fusion Platform uniquely combines TIP, SOAR, and security collaboration tools, helping organizations prioritize threats and incidents, automate any type of security workflow, and automatically disseminate alerts to threat sharing communities. Mimecast’s robust secure email gateway provides comprehensive cloud-based secure email services that stop known and emerging threats before they reach customer networks.

Cyware’s technology partnership with Mimecast provides joint customers with:

• Proactive Threat Detection: The technology integration of Cyware’s threat intelligence management with Mimecast’s email security solutions enables organizations to detect and block sophisticated threats such as malware, ransomware, and phishing in real-time, reducing the risk of successful cyberattacks.
• Rapid Incident Response: By automating workflows through Cyware’s orchestration platform, security teams can respond swiftly and effectively to email-driven security incidents, reducing response time and minimizing potential damage.
• Comprehensive Visibility: Organizations can gain holistic visibility into their threat landscape by combining Cyware’s threat intelligence with Mimecast’s email security analytics, enabling them to make informed decisions and prioritize security efforts.
• Enhanced Security Collaboration: By combining Mimecast’s email security detection with Cyware’s automated threat dissemination, internal and external security teams can be instantly alerted to threats from anywhere in the organization.

Cyware, the leading provider of threat intelligence management, low-code SOAR, and Cyber Fusion solutions for enterprises and MSSPs/MDRs, and threat intelligence sharing communities, today announced the launch of its new Partner Program, CywareOne.

The program aims to grow the partnership between Cyware and its channel and managed security (MSSP/MDR) partners, allowing them to leverage Cyware’s advanced threat intelligence automation, security advisory sharing, low-code vendor-agnostic SOAR, and cyber fusion technologies to deliver exceptional cybersecurity solutions for their clients. This launch comes at a time when globally renowned cybersecurity providers including GuidePoint Security, Ernst & Young, Optiv, Morado, SHI, and others have partnered with Cyware to deliver reliable and robust cybersecurity solutions, enabling organizations to defend effectively against advanced cyber threats.

The CywareOne program offers extensive benefits to partners, including comprehensive training programs, dedicated support, co-marketing opportunities, and competitive discounts. It streamlines the rules of engagement and opportunity management while ensuring the highest level of trust and transparency. These benefits aim to empower Cyware’s partners with the necessary skills and resources to effectively address their clients’ cybersecurity concerns.

Through CywareOne, Cyware aims to create a thriving community of partners united by their commitment to cybersecurity excellence. The program’s launch represents the latest initiative from Cyware in its mission to protect businesses from cybersecurity threats.