Cymulate
Israeli attack-simulation cyber-security company founded in 2016 which says it was "founded by an elite team of former IDF intelligence officers"
| Cymulate
| |
|---|---|
| Trade name | Cymulate Ltd |
| Logo |  Cymulate logo |
| Type | Private company |
| Founded | 2016 |
| Founder(s) | Eyal Wachsman, Avihai Ben-Yossef |
| Headquarters | Sderot Yerushalayim 95, Holon, Israel (Israeli office); 3839 McKinney Avenue, Suite 155 #2373, Dallas, TX 75204, United States |
| Industry | Cyber security |
| Services | Breach and attack simulation; continuous security validation; automated red-teaming |
| Number of employees | More than 200 (2022, according to TechCrunch) |
| Homepage | cymulate.com |
Cymulate is an Israeli cyber-security company that sells software simulating cyber attacks so that organisations can test their defences. According to the company, it "was founded by an elite team of former IDF intelligence officers and leading cyber researchers" in 2016 (Israel Defense Forces; Intelligence Corps).[1] Its co-founders are Eyal Wachsman, the chief executive, and Avihai Ben-Yossef, the chief technology officer, both formerly of Avnet Cyber & Information Security.[2]
Founders and military service
Cymulate's website says that "Avihai served in an Intelligence Unit of the IDF in a leading technological role. Previously, Avihai was the head of the Cyber Research Team at Avnet Cyber & Information Security, where he worked for several projects on behalf of the Israeli Ministry of Defense" (Israeli Ministry of Defence). It says that Wachsman was previously vice-president of sales and business development at Avnet Cyber & Information Security.[1] Globes reported in 2017 that Ben-Yossef, then 28, "served in an IDF military technologies unit, and was cyber research manager at Avnet".[2]
Funding
In March 2017 Globes reported a $3 million Series A round led by the American fund Susquehanna International Group, after an earlier $500,000 from Eyal Gruner, a director of the company; Cymulate then had eight employees.[2] In September 2022 the company announced a $70 million Series D led by One Peak, with Susquehanna Growth Equity, Vertex Ventures Israel, Vertex Growth and Dell Technologies Capital.[3] TechCrunch reported that the round doubled Cymulate's total funding to $141 million, that sources put its valuation at around $500 million, and that the company, "founded in Tel Aviv, with a second base in New York", had more than 200 employees.[4]
The company's contact page lists offices at Sderot Yerushalayim 95, Holon; 3839 McKinney Avenue, Dallas; and Central House, 1 Ballards Lane, London N3 1LQ.[5]
See also
External links
Notes
- ↑ 1.0 1.1 Cymulate, About us – Learn about Cymulate Cymulate, accessed 10 November 2026.
- ↑ 2.0 2.1 2.2 Globes correspondent, Cyber security co Cymulate raises $3m Globes, 7 March 2017, accessed 10 November 2026.
- ↑ Cymulate, Cymulate Raises $70M Series D Funding for Continuous Security Posture Testing Cymulate, 6 September 2022, accessed 10 November 2026.
- ↑ Ingrid Lunden, Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations TechCrunch, 6 September 2022, accessed 10 November 2026.
- ↑ Cymulate, Contact us – Cymulate Cymulate, accessed 10 November 2026.