CYFIRMA raises an undisclosed amount in Pre-Series B funding for product innovation
16-Apr-23
A Pre-Series B round of funding for CYFIRMA has been secured from the venture capital firms OurCrowd and Larsen & Toubro’s L&T Innovation Fund. These companies are now shareholders in CYFIRMA alongside Goldman Sachs, Zodius Capital, and Z3 Partners. With the completion of this round, CYFIRMA has now amassed close to USD18 million.
In addition to expanding the already-existing markets in SEA, including India, Singapore, and Japan, the funds raised will be used for product innovation and for entering new international markets in North America, Europe, and the MENA region. The money will also be used to establish brands and hire across industries.
