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Silicon Angle: ‘Cyber fusion’ Startup Cyware Secures $30M in Fresh Funding

Mar 17, 2021

Cyware Labs Inc., a maker of so-called cyber fusion software designed to help companies more effectively protect their systems against hacking attempts, has closed a $30 million funding round led by Advent International and Ten Eleven Ventures. Announced today, the Series B investment also included the participation of several returning backers. Cyware has raised a total of $43 million to date. New York-based Cyware provides a suite of software products designed to help enterprise cybersecurity teams more easily collect information on threats and respond to them. The startup’s software uses an approach it calls cyber fusion to aggregate threat information from multiple different sources, then turn the raw data into a form a company’s network protection experts can work with.