• Cyware

  Participated · Series C · Jun 2023

  Cyware builds a platform that integrates threat intelligence, threat hunting, vulnerability and incident data and provides no-code and low-code capabilities for automating security operations. The platform includes collaboration features that let enterprise security teams and third-party vendors share threat intelligence in real time and hosts a network connecting teams with threat data providers. Cyware uses AI to extract and score threat intelligence, cluster similar threats, generate reports with key insights, provide code suggestions for security orchestration, and create detection rules and signatures for existing systems. The company was founded in 2016 by Anuj Goel and Akshat Jain and employs over 200 people. Cyware says it has a growing customer base that includes Fortune 1000 companies, government agencies and regulatory bodies, and does not plan to grow headcount in the near term. It plans to use the Series C proceeds to expand go-to-market efforts, market presence, channel business and strategic partnerships. Cyware is a New York startup that provides a Virtual Cyber Fusion platform enabling organizations to build and operate virtual cyber fusion centers for threat intelligence sharing, security automation, and coordinated responses. The platform leverages security orchestration, automation and response (SOAR) to help teams collaborate, improve threat scoring, and respond to alerts across IT, compliance, trust & safety, and security functions. Customers include large enterprises, information sharing communities (ISACs), managed security service providers, and computer emergency response teams. Cyware reported 120% year-over-year growth in annual recurring revenue but does not disclose absolute revenue figures. The company says it will use the new funding to continue growing the business, expand its team, and improve its platform to better unite security operations and threat intelligence teams. Prior to this round the startup had raised around $13 million; it is not disclosing its valuation. Cyware delivers a Virtual Cyber Fusion Center platform built around next-generation SOAR technology. The platform includes threat intelligence (TIP), vendor-agnostic security automation, and security case management designed by SecOps practitioners. Cyware's solutions aim to increase speed and accuracy while reducing costs and analyst burnout for enterprise security teams. The company targets enterprises, sharing communities (ISAC/ISAO), MSSPs, and government agencies. Leadership says recent investments and hires will support the build-out of a sustainable, scalable cybersecurity business. The announcement followed recent executive appointments to the leadership team. Cyware offers a suite of virtual cyber fusion solutions, including a situational awareness platform (CSAP), threat intelligence eXchange (CTIX), a vendor-agnostic security orchestration layer (CSOL), and fusion and threat response (CFTR). The company positions separate but integrated capabilities—an advanced threat intel platform (TIP), SOAR automation, and security case management—to increase speed and accuracy while reducing costs and analyst burnout. Cyware serves enterprises, sharing communities (ISAC/ISAO), MSSPs, and government agencies. Led by CEO and co-founder Anuj Goel, the company focuses on secure collaboration, information sharing, and enhanced threat visibility. Cyware raised $10M in a Series A to support product enhancements and continued use-case innovation. The company plans to use the funds to expand sales and marketing and double down on customer success. Cyware Labs develops threat intelligence sharing and cyber fusion product-based security solutions, including Cyware Fusion and Threat Response (CFTR), Cyware Threat Intelligence eXchange (CTIX), and Cyware Situational Awareness Platform (CSAP). CFTR is positioned as a “Cyber Fusion Center–in-a-box” for intel and ops teams; CTIX is a client-server Threat Intelligence Platform for ingestion, enrichment, and AI-based analysis; CSAP delivers mobile-powered strategic threat intelligence and real-time alerts. The company announced it raised $3 million in seed funding and will deploy the capital to support research and product development, accelerate sales and marketing, and expand its global footprint by strengthening partnerships in the Asia-Pacific and Gulf regions. Cyware reported a rapidly growing roster of clients and has diversified its customer base to include Fortune 500 organizations across financial services, healthcare, energy, and retail, as well as ISACs/ISAOs, MSSP, and National CERTs. The company also cited key appointments to its board of advisors and momentum in threat intelligence, situational alerting, and orchestrated threat response.

• Schoology

  Participated · Series D · Nov 2015

  Schoology is an NYC-based education technology company that provides an education cloud connecting people, content, and systems and tools to personalize education and improve student outcomes. Led by CEO Jeremy Friedman, its platform is used by more than 12 million people from 60,000 K-12 schools and universities around the world. The company raised $32M in financing and has raised $57M in total funding to date. In conjunction with the financing, Jit Sinha, General Partner at JMI Equity, will join Schoology’s board. Schoology said it will use the funds to make product engineering investments and expand distribution to reach more schools, districts, colleges and universities globally. Schoology is a New York City–based learning-management platform that offers collaborative, blended learning tools, dedicated mobile apps, advanced analytics, and an open API for third-party integrations. The company provides both a free stand-alone product and a fee-based enterprise-class solution deployed in schools or across districts. Schoology supports five million users across 50,000 K-12 schools and universities in nearly every country, and has secured major deployments such as Uruguay’s national initiative for 620,000 students and a collaboration with CSU Global Campus. It has received industry recognition, including top education technology product at the 2014 SIIA CODiE Awards and multiple CODiE awards this year. The new growth capital is intended to accelerate expansion into K-12, higher education and international markets, scale operations, and build new product features. Intel Capital’s participation and the board appointment signal strategic validation as Schoology continues to commercialize and grow its platform. Schoology is a New York City–based developer of a cloud-based collaborative learning platform for K–20 classrooms. Led by founder and CEO Jeremy Friedman, it provides teachers and administrators with a full suite of learning management tools to manage lessons and homework, administer and grade tests and quizzes, discover and embed educational content, and collaborate on course materials. The platform includes analytics for individual student and overall classroom performance and tools to communicate and engage with students in a secure online environment. Schoology has been used by more than 18,000 schools and districts in the U.S. and abroad. The company has raised $9.3M in funding to date and is currently hiring. Schoology develops a cloud-based collaborative learning platform for K-12 classrooms that is available as a free standalone product and as a fee-based configurable enterprise solution. The platform combines online learning, classroom management, social networking, and tools to improve communication, collaboration, parental engagement, and access to curriculum and supplemental content. Schoology's system requires no installation, training, or maintenance and integrates with existing school/district technologies to create a single, scalable interface for teaching, assessment, administration, and analysis of student progress. It also enables school-to-school networking and a centralized resource library for sharing best practices and digital content. The company says it continues to sign contracts with prestigious K-12 districts domestically and abroad and plans regional expansion through a partnership with Cempaka Schools to promote usage in Malaysia and Singapore. With Cempaka's $1 million investment, Schoology has raised $3.3 million in venture capital to date. Schoology makes a cloud-based learning management system and configurable social network for academic institutions. Its platform bundles an online gradebook, attendance, tests/quizzes, discussion boards, blogs, homework dropboxes, and collaborative course and group pages. The social-network features enable cross-school networking so multiple organizations can join shared classes, groups, and discussions, and the suite can integrate with existing school reporting and information systems. Schoology offers the core platform free to individuals, schools, and districts and monetizes through premium add-ons such as custom branding and support packages. The company is preparing a full API release in July 2010 to enable custom applications and integrations. It plans to use recent funding to expand its workforce and grow the service.

No current team members are available.