CybSafe raises $7.9 M Series A led by IQ Capital for its ‘behavioral’ cybersecurity platform

by RJ Shara | Jan 28, 2021 | Startups

Cybersecurity startup CybSafe, a “behavioral security” platform, has actually raised $7.9 million in a Series A financing round led by IQ Capital with participation from Hanover Digital Investments (HDI) GmbH and B8 Ventures. The financial investment round will be used to focus on expanding its business and midmarket customer base. CybSafe is a SaaS product with a […] CybSafe’s “behavior-led” platform manages these people-related security threats using behavioral science and information analytics by delivering tailored cyber assistance for users. Alashe states the platform assists users establish security skills and habits through “recognized microlearning material, adaptive assistance material and customized pushes. CybSafe’s rivals consist of KnowBe4, Wombat Security and Infosec, but Alashe states CybSafe’s strength is that it resolves security awareness for the average individual: “Security awareness is dead. CybSafe utilizes behavioral science and information analysis to provide security behavior interventions that work. …