Cy4Data Labs secures $10 million in a funding round led by Pelion Venture Partners to enhance data security solutions. This investment aims to accelerate growth in sales and marketing efforts.
Apr 17, 2025•6 months ago
Amount Raised
$10 Million
Investors
Pelion Venture Partners
Description
Cy4Data Labs has successfully closed a $10 million funding round led by Pelion Venture Partners. This strategic investment will help the company to accelerate its go-to-market efforts and bring its innovative data protection solution to more organizations. The funding allows Cy4Data Labs to further develop and offer secure data usage capabilities. With this funding, the company is set to transform the cybersecurity landscape.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech