Cyware Labs, Inc. announced that it has received $29.999969 million in funding from Advent International Corporation, Ten Eleven Ventures, Mercato Partners, LLC, Emerald Development Managers, LP, Great Road Holdings, Zscaler, Inc.
On March 16, 2021, Cyware Labs Inc. closed the transaction. The transaction is co-led by new investors Advent Global Technology, a fund managed by Advent International Corporation and Ten Eleven Ventures. The transaction included participation from returning investors Prelude, a fund managed by Mercato Partners, Emerald Development Managers, LP, Great Road Holdings, and Zscaler, Inc. The company has raised $43,000,000 in funding till date.