Nasdaq Ventures, Macquarie Capital and UST Global have helped cybersecurity technology developer XM Cyber close a series A round, bringing its total funding to $32m.
Israel-based cybersecurity software provider XM Cyber completed a $22m series A round yesterday featuring IT services provider UST Global and Nasdaq Ventures, the investment arm of stock exchange operator Nasdaq.
Investment and banking firm Macquarie Group also participated in the round, through its Macquarie Capital unit, as did venture capital firm Our Innovation Fund.
XM Cyber has created a cybersecurity platform that finds potential threats and vulnerabilities, automatically recommending ways to thwart hackers in order to protect a customer base…