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New Deal


Announced

Completed

Insight Partners led a $25m Series A funding round in Cycode.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Israel

coding platform

Acquisition

Online and Social Platforms

Software

Minority

Private Equity

Friendly

network management software

Cross Border

Private

Venture Capital

Completed

Synopsis

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Insight Partners, a venture capital and private equity firm, led a $25m Series A funding round in Cycode, a developer of a source code control, detection and response platform. Other investor include YL Ventures. “Modernizing the SDLC has created new security gaps that attackers are readily exploiting. Recent supply chain attacks like SolarWinds and Codecov, major source code leaks from Microsoft and Nissan, and attacks targeting developers like Sawfish and XcodeSpy demonstrate that the battlefield is already shifting," Ronen Slavin, Cycode CTO and Co-Founder.

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