Zyber 365 Raises $100 Million Funding from SRAM & MRAM Group to Revolutionize Web3 Cybersecurity

Zyber 365, a Web3 cybersecurity company, has raised $100 million in funding from SRAM & MRAM Group. The funding will be used to accelerate the development of Zyber 365’s platform, which provides a comprehensive suite of cybersecurity solutions for Web3 businesses.

Zyber 365’s platform includes a variety of features, such as:

  • Threat intelligence: Zyber 365 provides real-time threat intelligence to help businesses identify and mitigate security risks.
  • Vulnerability scanning: Zyber 365 scans Web3 applications for vulnerabilities, helping businesses to improve their security posture.
  • Incident response: Zyber 365 provides 24/7 incident response services to help businesses recover from cyberattacks.

The funding from SRAM & MRAM Group will help Zyber 365 to expand its team, develop new features, and grow its customer base. Zyber 365 is targeting a global audience of Web3 businesses, including cryptocurrency exchanges, decentralized finance (DeFi) protocols, and non-fungible token (NFT) marketplaces.

Here are some additional details about the story:

  • The funding round was led by SRAM & MRAM Group.
  • Other investors in the round include Sequoia Capital India, Accel Partners, and Tiger Global Management.
  • Zyber 365 was founded in 2022 by a team of experienced cybersecurity professionals.
  • The company is headquartered in Bengaluru, India.

Here are some quotes from Zyber 365 executives:

  • “We are excited to partner with SRAM & MRAM Group,” said Akash Sinha, CEO and co-founder of Zyber 365. “Their investment will help us to accelerate the development of our platform and make Web3 a safer place.”
  • “We believe that Zyber 365 is well-positioned to lead the way in Web3 cybersecurity,” said Sanjay Mehrotra, chairman and CEO of SRAM & MRAM Group. “We are excited to support their team as they continue to grow.”

Overall, Zyber 365’s $100 million funding is a significant development for the Web3 cybersecurity industry. The funding will help Zyber 365 to develop its platform and expand its reach, which will make Web3 a safer place for businesses and users.”