A number of Israeli startups announced multi-million dollar funding successes in the last half of July, especially in the field of cybersecurity.
GuardiCore, the startup known for its internal data center security and breach detection, announced a $20 million Series B financing round led by existing investors. The Tel Aviv and San Francisco-based startup said it will use the funds to address growing demand for its security platform, invest in additional product research and development, expand its commercial reach through its global ecosystem and channel partners, and to fuel its overall sales and marketing efforts.
Skycure, a leader in mobile threat defense, announced a $16.5 million Series B investment, led by Foundation Capital and supported by all previous investors. The company – with offices in Silicon Valley, Tel Aviv and Ottawa, Canada – said it will use the new capital to expand its presence in Europe, the