When was Cyolo founded?

Cyolo was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Cyolo located?

Cyolo is headquartered in Tel Aviv, Israel.

Who is the current CEO of Cyolo?

Almog Apirion of Cyolo. They have also founded 1 company.

How many employees does Cyolo have?

As of Jun 30, 2026, the latest employee count at Cyolo is 82.

Is Cyolo a funded company?

Cyolo is a funded company, having raised a total of $85.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 06, 2020.

When was the latest funding round of Cyolo?

Cyolo's latest funding was a $***** Series B round on Oct 12, 2022, with participation from 1 investor.

Where does Cyolo rank among its competitors?

Cyolo ranks 4th amongst 101 active competitors, of which 25 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was NetBird, which secured $10M in Jan, 2026.

Who are the top competitors of Cyolo?

Cyolo's top competitors include SpiderOak, Twingate and Spike. Among them, NetBird secured the most recent funding round in January, 2026.

Cyolo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of connectivity management solutions for IoT applications. The solution creates a secure digital path that connects authorized users to approved resources, to ensure business continuity. The secure access platform ensures risk-based access and action control by providing visibility and control per application, based on user ID, device ID, time, and location.

Website: cyolo.io
Social
Email ID: *****@cyolo.io
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

Tel Aviv, Israel

Stage

Series B

Total Funding

$85.2M in 4 rounds

Latest Funding Round

Series B, Oct 12, 2022, $*****

Investors

Glilot Capital Partners & 6 more

Ranked

4^th among 101 active competitors

Employee Count

82 as on Jun 30, 2026

Similar Companies

SpiderOak & 59 more

View Cyolo's full profile

Cyolo has raised a total funding of $85.2M over 4 rounds. Its first funding round was on Apr 06, 2020. Its latest funding round was a Series B round on Oct 12, 2022 for $*****. 1 investor participated in its latest round. Cyolo has 7 institutional investors.

Here is the list of recent funding rounds of Cyolo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2022	7112623	Series B	7486607	1445943	8669485	7046216
Jun 28, 2022	3038633	Series B	3272578	3848580	8719917	Glilot Capital Partners & 3 more
Jul 28, 2021	6146246	Series A	9677120	1598537	Glilot Capital Partners	National Grid Partners & 4 more

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View details of Cyolo's funding rounds and investors

The founders of Cyolo are Eran Shmuely, Almog Apirion and Dedi Yarkoni.

Here are the details of Cyolo's key team members:

Eran Shmuely: Co-Founder of Cyolo and founder of 1 other company.
Contact Info: 1 email address
Almog Apirion: Ceo & Co-Founder of Cyolo.
Dedi Yarkoni: Co-Founder & CTO of Cyolo.
Contact Info: 1 email address

View details of Cyolo's Founder profiles and Board Members

Cyolo's employee count trend

Cyolo has 82 employees as of Jun 26. Here is Cyolo's employee count trend over the years:

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Top competitors of Cyolo include SpiderOak, Twingate and Spike. Here is the list of Top 10 competitors of Cyolo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpiderOak 2007, Northbrook (United States), Series C	Provider of zero-trust security solutions for data protection and access control	$35M	Empyrean Software, OCA Ventures & 9 others	67/100
2nd	Twingate 2019, Redwood City (United States), Series B	Cloud-based network zero trust remote access solutions provider	$67M	Bond Capital, Green Bay Ventures & 8 others	66/100
3rd	Spike 2014, Herzliya (Israel), Series A	Provider of enterprise cybersecurity solutions	$13M	Insight Partners, NFX & 5 others	66/100
4th	Cyolo 2019, Tel Aviv (Israel), Series B	Provider of connectivity management solutions for IoT applications	$85.2M	Glilot Capital Partners, Global Founders Capital ... & 5 others	61/100
5th	Devolutions 2004, Lavaltrie (Canada), Unfunded	PIAM, password manager, and remote desktop software	-	-	61/100
6th	Banyan 2015, San Francisco (United States), Acquired	Cloud based zero trust secure access and authentication solution	$47M	Shasta Ventures, Third Point Ventures & 7 others	56/100
7th	NetBird 2022, Berlin (Germany), Series A	Provider of zero trust network access and secure remote connectivity	$15.4M	Nauta Capital, InReach Ventures & 7 others	55/100
8th	VirnetX 2005, Zephyr Cove (United States), Public	Provider of application and other cyber security services	-	MDB Capital, Crown Predator Holdings	54/100
9th	01 Communique 1992, Mississauga (Canada), Public	Provider of Zero trust remote access software	-	BEST Funds & 1 others	50/100
10th	InstaSafe 2012, Bengaluru (India), Seed	Provider of zero trust security solutions for application and network access	$2.44M	Citrix, ABM Knowledgeware & 91 others	50/100