CybeReady Learning Solutions Ltd.

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CybeReady Learning Solutions Ltd. - overview

Established

2014

Location

Tel Aviv-Yafo, -, Israel

Primary Industry

IT Security/Cybersecurity

About

CybeReady Learning Solutions Ltd. is a cybersecurity company that provides an autonomous training platform aimed at enhancing employee resilience against cyber threats through personalized training and education. Founded in 2014 and headquartered in Tel Aviv-Yafo, Israel, CybeReady specializes in cybersecurity awareness training. The firm has completed 1 deal, raising USD 5.


00 mn in a funding round on June 12, 2019, co-led by investors Baseline Ventures and Stitch Fix, Inc. The company's CEO is Eitan Fogel, while Omer Taran serves as the Founder. CybeReady specializes in cybersecurity awareness training through its autonomous training platform designed to enhance employee resilience against phishing attacks and other cyber threats. The platform personalizes learning experiences by providing tailored simulations and training modules that adapt to the employee's progress, role, and language.


By automating the creation and management of training campaigns, CybeReady alleviates the burden of manual administration typically associated with security training. The company serves a diverse client base, including large enterprises across various sectors such as manufacturing, finance, and transportation, with notable customers like BDO Italia, Wizz Air, and Teva Pharmaceuticals. CybeReady's services are offered globally, enabling organizations to implement ongoing training and awareness programs for a widespread workforce across multiple regions, including North America, Europe, and Asia. CybeReady generates revenue through its subscription-based model, providing clients with access to its comprehensive training platform and associated resources.


Customers engage with the service under various subscription tiers, which can include different levels of access to training modules, reporting capabilities, and support services. Transactions typically follow a B2B structure, where companies subscribe for comprehensive training solutions tailored to their specific needs. The pricing plans are structured to provide flexibility, allowing organizations to scale their training efforts as required by their employee turnover rates and security needs. Notable offerings include customized phishing simulations and ongoing educational materials that are integral to the company's value proposition, fostering a culture of security awareness among employees.


In June 2019, CybeReady Learning Solutions Ltd. raised USD 5 million in venture funding, which will be allocated towards developing new training products and expanding into new geographic markets. The company aims to enhance its platform's capabilities and reach more clients in North America, Europe, and Asia by 2025. The recent funding will support product development and market entry strategies, ensuring a robust growth trajectory in the coming years.


Current Investors

Baseline Ventures, Stitch Fix, Inc.

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Security/Cybersecurity, Education & Training Software

Website

www.cybeready.com

Verticals

Cloud Computing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

CybeReady Learning Solutions Ltd. - employee data

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