News & Insights
Blumberg Capital portfolio news, startup growth resources and industry insights
By Idan Rabi
Israeli cyber security company IntSights has completed a $7.5 million Series A financing round. The round was led by Blumberg Capital and included seed investor Glilot Capital Partners as well as Blackstone, Wipro Ventures, the strategic investment arm of Wipro Limited, and additional private investors. Earlier this month Indian software company Wipro reported that it had invested $1.5 million in Intsights.
Based in Herzliya, the company was founded by CEO Guy Nizan, Alon Arvatz and Gal Ben-David, veterans of elite intelligence and cybersecurity units in the Israeli Defense Forces. The Series A funding will be used to expand IntSights presence in the US with a focus on marketing and sales in addition to new strategic hires in both the US and Israel.