CybSafe raises $28m in funding round for further channel expansion

The vendor says it will be used to accelerate product development and expand its team

clock • 2 min read
CybSafe raises $28m in funding round for further channel expansion

Cybersecurity software company CybSafe has closed a $28m (€26.61m) Series B funding round, taking its total funding to $40m (€38.01m).  The round was led by Evolution Equity Partners, with participation from Emerald Development Managers and existing investors IQ Capital and Hannover Digital Investments (HDI) GmbH. London based CybSafe says it will use the investment to further support customers in changing human behaviour and lowering cybersecurity risk with behavioural and data science...

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