Saturday, July 27, 2024
HomeRecent ArticlesCyabra Secures $5.7 Mn in Series A Extension Round led by OurCrowd

Cyabra Secures $5.7 Mn in Series A Extension Round led by OurCrowd

Cyabra is announce the successful completion of a $5.7 million Series A extension round led by OurCrowd, the Jerusalem-based venture investment platform. Also participating in the round were existing investors Founders Fund, Red Forest Ventures, and Singapore-based Vulpes Ventures.
Mike Pompeo and Dan Brahmy (L-R)

Cyabra is announce the successful completion of a $5.7 million Series A extension round led by OurCrowd, the Jerusalem-based venture investment platform. Also participating in the round were existing investors Founders Fund, Red Forest Ventures, and Singapore-based Vulpes Ventures.

Read also – WaveBL Raises $11M, Total Series B Funding Hits $37M

The round brings Cyabra’s total funding to $16 million and will support the company’s ongoing research and development efforts, as well as expansion into new markets, and investment in the creation of proprietary disinformation detection tools.

Read also – Pakistan launches Rs 2 billion Pakistan Startup Fund (PSF)

The company also announced the appointment of Mike Pompeo, the 70th Secretary of State for the US Government, to the Board of Directors.

Read also – Varthana Raises $14 Mn From Blue Earth Capital

 “We are thrilled to welcome Mike Pompeo to our Board of Directors,” said Dan Brahmy, CEO and co-founder of Cyabra. “Throughout his distinguished career, Secretary Pompeo has demonstrated a deep understanding of the impact on national security posed by disinformation campaigns. His insights and guidance will be invaluable as Cyabra continues to develop innovative solutions to establish a digital immune system.”

Read also – Sprout Solutions Acquires JustPayroll’s Philippine Operations

Secretary Pompeo commented on the appointment: “Vigilance is key to national security. At the Department of State and the CIA, our ability to meet constantly evolving threats depended on our capacity to detect them. Cyabra’s dedication to proactive, cutting-edge threat detection aligns perfectly with this mission, and I am excited to work with them as they provide a vital shield against nefarious manipulation efforts online.”

Read also – Saudi Arabia-based Tamara Partners with Paymob

“We are delighted to be joined by Mike Pompeo on the Cyabra board as the company continues to lead the market in combatting AI-driven bot disinformation,” said Jon Medved, Founder and CEO of OurCrowd, and a distinguished member of Cyabra’s board. “It really is a rare opportunity for us to work with someone of Mike’s intelligence, experience and insight into this critical area of security that affects nations and companies alike.”

Read also – Singapore-based Pontem Raises $6M Funding

About Cyabra

Founded in 2018, Cyabra uncovers threats and provides actionable insights & real-time alerts. Through its proprietary AI technology, Cyabra exposes malicious actors, disinformation, bot networks, and GenAI text and images. The company’s platform provides organizations and the public sector with actionable insights to counter everything from election interference to brand reputation attacks and impersonations. 

Read also – ClinChoice Acquires Clinical Research Organisation CSI

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular