Vulcan Cyber Secures $34M Funding for Cyber Risk Management Innovation

Vulcan Cyber Ltd., an Israeli software security startup, raises $34 million to fuel ongoing product innovation and market expansion. The Tel Aviv-based company, founded in 2018, specializes in identifying and resolving security flaws in software stacks, offering a vulnerability assessment platform.

The Vulcan Cyber platform aims to reduce asset risk and vulnerability by providing quantifiable attack surface protection. Integrating various security tools, it offers features like application security posture management, risk-based vulnerability management, and exposure analytics, enabling customers to enhance cyber hygiene.

This funding, an extension of the $21 million Series B round in March 2021, is led by Maor Investments and Ten Eleven Ventures, with participation from Dawn Capital and Wipro Ventures. The total funds raised by Vulcan Cyber now stand at approximately $69 million.

Co-founder and CEO Yaniv Bar-Dayan emphasizes the importance of orchestrating and automating remediation tasks at enterprise scale. The funds will support Vulcan Cyber's mission to help clients coordinate vulnerability risk management initiatives with corporate priorities.