Kymatio closed a 725.000 euros financing round with the entry of Sabadell and JME Ventures

  • Kymatio responds to one of the main market trends in cybersecurity: prioritizing the evaluation and awareness of company employees to respond to threats.
  • With the entry of BStartup of Banco Sabadell and JME Kymatio raises his fist round (725 .000 euros).

Kymatio, the SaaS platform that enables the management of cyber risk for employees, has increased its first round of investment by 40% to accommodate two new partners, Banco Sabadell BStartup and the JME Ventures fund , thus joining the led round by The Crowd Angel, which had great support such as Wayra, Telefónica’s open innovation hub , and prominent Bussines Angels such as Enrico Raggini .

The startup addresses cybersecurity from one of the most significant parts of risk: that associated with people. 60% of security incidents involve internal personnel. Organizations face losses Millo Narias in domestic incidents with an average cost of 8 million euros in large corporations and 40,000 euros in the case of SMEs.

As stated Fernando Mateus, CEO of Kymatio “70% of organizations have suffered an internal incident, Kymatio determines the cyber risks to the facing and assesses the level of awareness of each employee in the main areas of cybersecurity to run r automatically measures of personalized strengthening , enhancing the role of the first and last line of defense that employees have ” .

With this round, Kymatio aims to promote the commercialization and carry out an effective deployment of the product, able to identify , analyze r , eval UAR and provides everything you need to address the security risks of employee information.

In the words of Yolanda Pérez, Director of BStartup: ” The of cybersecurity is a field of growing importance to businesses and the expansion of tea letrabajo will even more relevant. Kymati or allows holistic prevention strategy tackling the problem from the human factor through one edge technology worldwide . At Banco Sabadell we hope to be able to contribute to the growth of this company that has a first-rate team and product . ”

As indicated by Lourdes Álvarez de Toledo , Principal at JME Venture Capital : “Kymatio is a pioneer in addressing the vulnerability is and threats employees face the risk cyber incorporating the technology tools neurocientífic as . This position, together with the team that leads it, as well as the distribution agreements that it is carrying out, are the factors that make us trust in the future success of this company. ”

To date, Kymatio has had the support and validation of important cybersecurity institutions, such as INCIBE, and neuroscience, such as the Autonomous University of Madrid. F hey were the winners of the first call for Cybersecurity of ElevenPaths , and the Ministry of Science and Innovation, granted the NEOTEC grant from the CDTI for technology – based companies 160,000 euros .