Cyient and SBI both took part in the round, which increased the connected railway-focused cybersecurity software producer's total funding to $17m.
Cylus, an Israel-based developer of cybersecurity technology for railway systems, has received $12m in a series A round that featured engineering services firm Cyient and financial services provider SBI Group.
Venture capital firms Magma Venture Partners and Vertex Ventures co-led the round, which included Cerca Partners, GlenRock, FollowTheSeed, private investor Christian Kern and Cylus co-founder Zohar Zisapel.
Founded in 2017, Cylus provides a software platform that helps rail and metro systems identify attacks in the both the signalling and control…
