Cyolo - About the company
Cyolo is a series B company based in Tel Aviv (Israel), founded in 2019 by Eran Shmuely, Almog Apirion and Dedi Yarkoni. It operates as a Provider of connectivity management solutions for IoT applications. Cyolo has raised $85.2M in funding from investors like Glilot Capital Partners, Flint Capital and National Grid Partners. The company has 98 active competitors, including 25 funded and 14 that have exited. Its top competitors include companies like SpiderOak, Twingate and Spike.
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
Investors
Ranked
4th among 98 active competitors
Employee Count
81 as on May 31, 2026
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Cyolo's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 12, 2022 | 1879715 | Series B | 5836595 | 6977374 | 1967294 | 3137018 |
Jun 28, 2022 | 2112691 | Series B | 6419796 | 6979651 | 6663086 | |
Jul 28, 2021 | 3599451 | Series A | 1233379 | 8710522 |
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Cyolo's founders and board of directors
Founder? Claim ProfileHere 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 81 employees as of May 26. Here is Cyolo's employee count trend over the years:
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Cyolo's Competitors and alternates
Top competitors of Cyolo include SpiderOak, Twingate and Spike. Here is the list of Top 10 competitors of Cyolo, ranked by Tracxn score:
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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 | 69/100 | |
2nd |  Twingate 2019, Redwood City (United States), Series B | Cloud-based network zero trust remote access solutions provider | $67M | 67/100 | |
3rd | Provider of enterprise cybersecurity solutions | $13M | 66/100 | ||
4th | Provider of connectivity management solutions for IoT applications | $85.2M | 62/100 | ||
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 | 56/100 | |
7th | Provider of zero trust network access and secure remote connectivity | $15.4M | 53/100 | ||
8th | 01 Communique 1992, Mississauga (Canada), Public | Provider of Zero trust remote access software | - | 51/100 | |
9th |  Kona 2018, Los Angeles (United States), Acquired | Provider of employee engagement tools | $5.12M | 49/100 | |
10th | VirnetX 2005, Zephyr Cove (United States), Public | Provider of application and other cyber security services | - | 49/100 |
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Cyolo's Investments and acquisitions
Cyolo has made no investments or acquisitions yet.
Reports related to Cyolo
Here is the latest report on Cyolo's sector:
News related to Cyolo
Filter this listMedia has covered Cyolo for a total of 4 events in the last 1 year, 4 of them have been about company updates.
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Cyolo expands secure remote access to cyber-physical & operational tech.
Business Wire•Jun 17, 2025•Cyolo
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Cyolo updates access platform with tools to monitor vendor connectionsSiliconAngle•Jun 16, 2025•Cyolo
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Cyolo brings revolution into safe external access with AI-controlled supervisionBusiness Wire•Sep 25, 2024•Cyolo
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Cyolo r evolves secure remote access with its AI-powered Supervision toolBusiness Wire•Sep 25, 2024•Cyolo
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Cyolo announces Cyolo Pro: a safe hybrid solution for remote access for OT environmentsBusiness Wire•Mar 05, 2024•Cyolo
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