Announced
Completed
Financials
Tags
Private
Single Bidder
Online and Social Platforms
Completed
Digital Services
Minority
Acquisition
cyber range training
Israel
Friendly
Private Equity
Synopsis
Private equity firms Charlesbank Capital Partners and Claridge Israel and Elbit Systems, an Israel-based international defense electronics company, agreed to invest $70m in Cyberbit, a provider of cyber range platforms for training cybersecurity professionals. “We are experiencing record demand for our cyber range as organizations recognize the importance of real-world cyberattack simulation to assess and prepare their security teams. The investment from Charlesbank will allow us to solidify our position as a best-of-breed product and allow us to accelerate our global expansion,” Adi Dar, Cyberbit CEO.
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