Vertex Partnership Group posted on 15 Apr 2021
Here are the latest updates on the portfolio companies across the Vertex network. Get connected with us today – sign up for our monthly newsletter here.
As part of a founder’s journey, one crucial step is for founders to grow and expand their businesses in order to stay relevant and adapt to the changing demands set by Industry 4.0 and – more recently – COVID-19. The ability of startups to expand into new markets will depend on their respective growth strategies and peer differentiation.
In the fourth instalment of our Technopreneur series, we explore how startups can utilise the right digital marketing solutions to make their brand building and product marketing more effective across multiple geographies.
Cymulate, the industry standard SaaS based Continuous Security Validation platform leveraging the MITRE ATT&CK® framework end-to-end, announced today a Series C funding round of $45M, led by One Peak, together with existing investors Susquehanna Growth Equity (SGE), Vertex Ventures Israel, Vertex Growth and Dell’s investment arm, Dell Technologies Capital. Cymulate has raised $71M to date, including a seed investment from Eyal Gruner.
The funding will be used to further accelerate Cymulate’s impressive growth as the company closed 2020 with double the revenue year-over-year and grew its staff by over 150%. Cymulate serves hundreds of customers including leading enterprises and F500 companies and most recently announced a partnership with global telecom giant NTT.
SMALL and medium enterprises (SME) financing platform Validus and technology company Siemens launched a channel partner financing programme on Tuesday for Siemens Digital Industries' ecosystem of distributors in Singapore.
This aims to provide Siemens' channel partners easy access to financing for their purchases, thereby allowing distributors to address short-term cash flow needs and capitalise on growth opportunities.