Cyware Labs Raises $3 Million in Seed Funding Led by Emerald Development Managers
Summary
NEW YORK--(BUSINESS WIRE)--Cyware Labs, a threat intelligence sharing and cyber fusion product-based security company, today announced that it has raised $3 million in seed funding from a consortium of investors led by Emerald Development Managers. The company will deploy the secured capital to support research and product development, accelerate sales and marketing efforts, and expand its global footprint by strengthening partnerships in the Asia-Pacific and Gulf regions. The barometer of responding to attacks has changed and focusing on attacker’s tactics, malware, and vulnerabilities is equally critical,” said Cyware Labs CEO and Co-Founder, Anuj Goel. He further added, “Knowledge is power, and our enterprise product line has successfully broken down the barriers in automated threat intelligence sharing and threat response to promote a proactive, collaborative response to cyber-attacks.” Charles Collins, Managing Director at Emerald Development Managers, adds, “We support innovative cybersecurity companies that are taking a new lens to problems currently baffling the industry. Cyware has diversified its client base to include Fortune 500 organizations and associations from Financial Services, Healthcare, Energy, and Retail, as well as Information Sharing and Analysis Centers (ISACs/ISAOs), MSSP, and National CERTs.