CyLock has developed EVA, the Extended Vulnerability Assessment, which the company says surpasses traditional tests with targeted solutions to block hacker attacks. CyLock reports that customers and partners validated the solution from day one and have provided continuous feedback. The company intends to use new funding to continuously improve its product and to prepare for international expansion. Management emphasizes ongoing product improvement and growth driven by client and partner support. Financially, CyLock closed a €500k financing round that adds to €320k previously raised via the Cyber Xcelerator and other backers. Prior supporters included the Cyber Xcelerator (part of CDP Venture Capital SGR's National Accelerator Network), Zest Group, Innova Venture (the Regione Lazio VC fund), and several business angels.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024