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Web3 Cybersecurity Startup Zyber 365 Raises $100 Million In Funding From Sram & Mram Group

PRIVATEJul 25, 2023•almost 3 years ago

Amount Raised

$100 Million

London

Description

Web3 cybersecurity startup Zyber 365 said on Tuesday that it has raised $100 million at a $1.2 billion valuation from UK-based SRAM & MRAM Group.The company, founded in May this year, is headquartered in London with an operational base in India. Zyber 365 plans to make India the hub of its operations, it said in a statement.“The influx of capital will play a pivotal role in fuelling the company's expansion plans, enhancing its technological capabilities, and solidifying its global market presence,” it added.SRAM & MRAM Group had also invested in blockchain startup 5ire in July last year. It had pumped in $100 million in the startup at a valuation of $1.5 billion. Founded by Pearl Kapur and ethical hacker Sunny Vaghela, Zyber 365 offers a decentralised and cyber-secured operating system, which adheres to the fundamental principles of environmental sustainability

Company Information

Company

Zyber 365

Location

London, England, United Kingdom

About

We are providing a robust, decentralized, and cyber-secured operating system which adheres to the fundamental principles of environmental sustainability. We have designed our solutions to enable interchain operability, to provide users with greater flexibility, seamless integration, and data sharing. By effectively leveraging a range of bleeding-edge technologies including cryptography, quantum safe computing, distributed ledger technology, and consensus mechanisms, our system safeguards user data, transactions, and interactions. We are also introducing a diverse and innovative range of multiple Web3 products like Layer-0, Layer-1 and Layer-2 blockchains, decentralised identities, data analytics, software development kit, web browser, NFT marketplace and ICO (Initial Coin Offering) which can be collectively leveraged as a complete Web3 ecosystem or as a standalone application specified to user requirement.

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