CYE announced that it has raised a $100 million financing round, led by the global investment organization EQT, with participation from existing investor, 83North.

The investment – EQT’s first in an Israeli company – follows five years of partnership and will be used to continue CYE’s hyper-growth in the global market.

Over the last several years, there has been an explosion in the number of cybersecurity solutions introduced to the market, and concurrently, a significant increase in corporate security budgets.

CYE is committed to building solutions that enable organizations to strengthen their internal capabilities with low dependency on the cybersecurity products they use, helping them take full control of their cybersecurity posture.

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Source: HelpNetSecurity