XM Cyber

Company Overview

Snapshot

Founded in May 2015 by Noam Erez, Boaz Gorodissky, and Tamir Pardo, XM Cyber operates with 201–500 employees. The company raised $49 million across 3 funding rounds from 5 investors before being acquired by Schwarz Group in November 2021.

Business overview

XM Cyber is a global leader in attack-centric risk prioritization, specializing in risk-based vulnerability management (RBVM). The company's platform helps organizations rapidly respond to cyber risks by continuously identifying exposures such as exploitable vulnerabilities, credentials, misconfigurations, and user activities. XM Cyber simulates and prioritizes attack paths to mission-critical systems, offering context-sensitive remediation options. It serves various industries by enabling IT and Security Operations to focus on critical exposures before they can be exploited, operating within the Cyber Security sector.

Strategic signal

In March 2023, XM Cyber acquired Confluera, a move that significantly enhances its continuous exposure management capabilities. This acquisition signals XM Cyber's strategic intent to expand its technological footprint and offer more comprehensive security solutions, reinforcing its position in the competitive cybersecurity market.

Company Intelligence Q&A

When was XM Cyber acquired?

XM Cyber was acquired by Schwarz Group in November 2021.

What was XM Cyber's most recent acquisition?

In March 2023, XM Cyber acquired Confluera, a company focused on enhancing continuous exposure management capabilities.

Which company did XM Cyber acquire in June 2022?

In June 2022, XM Cyber acquired the Israeli startup Cyber Observer.

Who were the lead investors in XM Cyber's July 2020 funding round?

The July 2020 funding round for XM Cyber saw investment from Macquarie Capital and Nasdaq Ventures.

What strategic partnership did XM Cyber announce in May 2023?

In May 2023, XM Cyber announced a strategic partnership with SAP to deliver robust security solutions for hybrid environments.