Maritime cybersecurity company Cydome has announced that it has raised $8 million in new investment following a Series A funding round led by US-based 2.0 Ventures.
Other participating investors included MD One Ventures, Camden Capital, Pointman UK, New Gate Capital, and existing shareholder VentureIsrael.
“We are at a critical moment in the market, with a lot of technology changes and also tougher regulatory requirements. This new round will enable Cydome to expand its market presence and operations globally,” said Nir Ayalon, Cydome CEO.
“I am thrilled to welcome 2.0 Ventures, MD One, Camden Capital, Pointman I UK, and New Gate Capital to Cydome. This investment is not just a validation of our vision to revolutionise maritime cybersecurity but also a testament to the hard work and dedication of our entire team.”
Cydome’s maritime-specific system offers real-time fleet-wide cyber protection and risk management functionality, protecting assets and networks on board ships. The technology can also be used to assist in maintaining compliance with regulatory certifications such as IMO 2021, NIS2, BIMCO, TMSA and IACS UR E26/27.