Archive for SCYTHE

SCYTHE Announces $10 Million Series A Investment To Support Expansion Of Enterprise-Level Cybersecurity

Posted in Commentary with tags on November 8, 2021 by itnerd

SCYTHE, a leader in adversarial emulation, today announced the company has received $10 million in Series A funding, led Gula Tech Ventures and Paladin Capital Group. The Series A also includes investment from Energy Impact Partners (EIP), and as part of the financing, SCYTHE will add a member of the EIP management team as a Board Observer. 

SCYTHE enables offensive security, defensive security, and hybrid “purple” teams to build and emulate real-world cybersecurity threats in minutes. This helps customers validate the risk posture of their business and employees. The new investment puts SCYTHE in a strong market position to expand the company’s engineering, sales and marketing and customer service operations for SCYTHE’s advanced attack emulation platform for the enterprise and cybersecurity consulting market

SCYTHE is like hiring the hacker you always wanted, but could never could afford. SCYTHE transforms the capability and defines a new technology category: Attack, Detect, and Respond to integrate cybersecurity risk management across people, process, and technology.

Based in Arlington, VA, the company is privately held and is funded by Energy Impact Partners (EIP), Gula Tech Adventures, Paladin Capital, Evolution Equity, and private industry investors. For more information email info@scythe.io, visit https://scythe.io, or follow on Twitter @scythe_io.Image