XM Cyber

Risk-based Vulnerability Management Platform

Cyber Security
Acquired by Schwarz Group
Acquired Herzliya Founded 2015
Total raised
$49.0M
Last: Series B 2020-07
Stage
Acquired
Founded
2015
Headcount
431
HQ
Herzliya
Sector
Cyber Security

About

XM Cyber is a global leader in attack-centric risk prioritization, which is also known as risk-based vulnerability management (RBVM). The XM Cyber platform enables companies to rapidly respond to cyber risks affecting their business-sensitive systems by continuously finding new exposures, including exploitable vulnerabilities and credentials, misconfigurations, and user activities. XM Cyber constantly simulates and prioritizes the attack paths putting mission-critical systems at risk, providing context-sensitive remediation options. XM Cyber helps to eliminate 99% of the risk by allowing IT and Security Operations to focus on the 1% of the exposures before they can be exploited to breach an organizations critical assets. XM Cyber was founded by top executives from the Israeli cyber intelligence community and has offices in North America, Europe, and Israel.

Funding history · 3 rounds · $49.0M total

2020-07
Series B $17.0M
2018-11
Series A $22.0M
2016-04
Seed $10.0M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was XM Cyber acquired and by whom?
XM Cyber was acquired by Schwarz Group in November 2021 for $700 million.
What was XM Cyber's last funding round before its acquisition?
XM Cyber's last funding round was a Series B in July 2020, raising $17 million. Macquarie Capital was a lead investor.
Which company did XM Cyber acquire in March 2023?
In March 2023, XM Cyber acquired Confluera.
Which company did XM Cyber acquire in June 2022?
In June 2022, XM Cyber acquired the Israeli startup Cyber Observer for an estimated $30 million.
What strategic partnership did XM Cyber announce in May 2023?
In May 2023, XM Cyber announced a strategic partnership with SAP to provide security for hybrid environments.
When was XM Cyber founded and by whom?
XM Cyber was founded in May 2015 by Noam Erez, Boaz Gorodissky, and Tamir Pardo, who are top executives from the Israeli cyber intelligence community.
What was XM Cyber's total funding raised before its acquisition?
XM Cyber raised a total of $49 million across its funding rounds before its acquisition. For a full financing history, refer to startupim.
What was a notable recognition XM Cyber received in August 2021?
In August 2021, XM Cyber was named a "Black Unicorn" for the third consecutive year.

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityGRC & Vulnerability
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B

Highlights

1 PatentsVerified

Tags

enterprisesbreach-simulationsecurity-operationssimulationnetwork-securityautomationvulnerability-assessmentaptenterprise-securitypenetration-testscyber-securitythreat-intelligence