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.

How many employees does Cyolo have?

As of Aug 31, 2026, the latest employee count at Cyolo is 84.

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. Its primary sector is Cybersecurity. In Israel, the Cybersecurity sector has seen $1.38B in funding in 2026 to date.

Where does Cyolo rank among its competitors?

Cyolo ranks 3rd amongst 128 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 Spike, Devolutions and SpiderOak. Among them, NetBird secured the most recent funding round in January, 2026.

Cyolo - 2026 Company Profile, Team, Funding & Competitors

Cyolo is a series B company based in Tel Aviv (Israel), founded in 2019 by Eran Shmuely 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 128 active competitors, including 25 funded and 14 that have exited. Its top competitors include companies like Spike, Devolutions and SpiderOak.

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

3^rd among 128 active competitors

Employee Count

84 as on Aug 31, 2026

Similar Companies

SpiderOak & 80 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	2823620	Series B	1598743	5266572	6243376	8269366
Jun 28, 2022	1543443	Series B	1293647	8019964	6703437	Glilot Capital Partners & 3 more
Jul 28, 2021	2095851	Series A	5823230	2522305	Glilot Capital Partners	National Grid Partners & 4 more

Access funding benchmarks and valuations. Sign up today!

View details of Cyolo's funding rounds and investors

The founders of Cyolo are Eran Shmuely 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
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 84 employees as of Aug 26. Here is Cyolo's employee count trend over the years:

Uncover Cyolo's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Cyolo include Spike, Devolutions and SpiderOak. 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	Spike 2014, Herzliya (Israel), Series A	Provider of enterprise cybersecurity solutions	$13M	NFX, Insight Partners & 6 others	62/100
2nd	Devolutions 2004, Lavaltrie (Canada), Unfunded	PIAM, password manager, and remote desktop software	-	-	61/100
3rd	Cyolo 2019, Tel Aviv (Israel), Series B	Provider of connectivity management solutions for IoT applications	$85.2M	Global Founders Capital, National Grid Partners ... & 5 others	61/100
4th	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	56/100
5th	Twingate 2019, Redwood City (United States), Series B	Cloud-based network zero trust remote access solutions provider	$67M	Bond Capital, WndrCo & 8 others	55/100
6th	NetBird 2022, Berlin (Germany), Series A	Provider of zero trust network access and secure remote connectivity	$15.4M	Antler, Pace Capital & 8 others	55/100
7th	Pulse Secure 2014, San Jose (United States), Acquired	Provider of access and mobile security solutions	-	TA Associates, TI Partners & 1 others	55/100
8th	VirnetX 2005, Zephyr Cove (United States), Public	Provider of application and other cyber security services	-	MDB Capital, Crown Predator Holdings	52/100
9th	01 Communique 1992, Mississauga (Canada), Public	Provider of Zero trust remote access software	-	BEST Funds & 1 others	51/100
10th	Banyan 2015, San Francisco (United States), Acquired	Cloud based zero trust secure access and authentication solution	$47M	Shasta Ventures, Third Point Ventures & 7 others	50/100