Cyberstarts Closes Seed Fund III, at $60M

CyberstartsCyberstarts Seed Fund III closed at $60 million by, a Jerusalem, Israel-based Venture Capital firm that focuses on building next generation cyber businesses.

The total assets under management of this fund now exceed $374m

Cyberstarts also announced the appointment of Doug Merritt as its President and CEO. Sunpeak will provide Cyberstarts’ portfolio companies with hands-on guidance from technology leaders on scaling GTM strategy and creating repeatable sales cycles to ensure early success.

Cyberstarts was founded in 2018 and has focused its efforts on supporting entrepreneurs and funding early stage cybersecurity companies. With its entrepreneur-backed model, Cyberstarts’ investors and limited partners (LPs) are comprised of the industry’s most prominent leaders including Shlomo Kramer of Cato Networks, Imperva and Check Point, Marius Nacht of Check Point, Nir Zuk from Palo Alto Networks, Udi Mokady from CyberArk, Nir Polak of Exabeam and Michael Shaulov of Fireblocks to name a few. These investors offer strategic counsel to portfolio businesses and entrepreneurs, from product-market fit to talent recruiting and everything in between.

Cyberstarts are managed by Lior Sin and Gili Raanan. Jason Clark, chair, CISO advisory board; Curtis Simpson, head of product-market match activities with portfolio companies; and Doug Merritt, chair, GTM advisory board.

FinSMEs

24/08/2022

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