Fundz

Cardinalops Raises $17.5M Series A On Market Traction With Global Enterprise Customers And Mssps/Mdrs

PRIVATEMar 03, 2022

Amount Raised

$17.5 Million

Round Type

Series A

Tel AvivSoftwareData And Analytics

Description

CardinalOps, the threat coverage optimization company, today announced it has secured $17.5 million in Series A funding led by Viola Ventures, with participation from existing investors Battery Ventures, Glilot Capital, Symbol, and top angel investors from the security industry, bringing total capital raised to $24 million. This latest round will fuel aggressive global expansion in go-to-market and product innovation activities. The company is also announcing that industry veteran Phil Neray has joined the company from Microsoft as Chief Marketing Officer (CMO) and Vice President of Cyber Defense Strategy.

Quick answer

Cardinal Ops raised $17.5 Million in a Series A round, dated March 3, 2022. Cardinal Ops is based in Tel Aviv, Tel Aviv District, Israel.

How much did Cardinal Ops raise?
Cardinal Ops raised $17.5 Million in a Series A round on March 3, 2022.
What does Cardinal Ops do?
CardinalOps brings AI-powered analytics enabling organizations to stay ahead of constant change in adversary techniques while maximizing their existing investments in SIEM/XDR solutions.
Where is Cardinal Ops based and how big is it?
Cardinal Ops is based in Tel Aviv, Tel Aviv District, Israel.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Software around the same time

Companies in the same sectors as Cardinal Ops that raised within 45 days of this round, from Fundz verified event records.

  • DoControl raised $30M (Funding Round) on April 14, 2022.
  • Be Biopharma raised $130M (Funding Round) on April 14, 2022.
  • Quiq raised $25M on April 13, 2022.
  • Quiq raised $25M (Series C) on April 12, 2022.
  • PassiveLogic raised $15M (Funding Round) on April 12, 2022.
  • Kubit raised $18M (Series A) on April 12, 2022.

Who to call at Cardinal Ops, and when

A new round usually means Cardinal Ops is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cardinal Ops raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cardinal Ops, from your own LinkedIn network

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Company Information

Company

Cardinal Ops

Location

Tel Aviv, Tel Aviv District, Israel

About

CardinalOps brings AI-powered analytics enabling organizations to stay ahead of constant change in adversary techniques while maximizing their existing investments in SIEM/XDR solutions. By continuously recommending the latest best practice detection rules and queries – mapped to MITRE ATT&CK and customized according to their risk-based priorities – the CardinalOps platform empowers detection engineering teams to close the riskiest threat coverage gaps that leave their organizations exposed. For more information, please visit https://www.cardinalops.com/.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Cardinal Ops raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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