Citalid

Citalid is a cyber security startup based in France, specializing in providing a platform for managing cyber risks and decision-making support solely for CISOs and risk managers. The company, founded in 2017, has developed a platform that employs advanced technology to offer clients a precise analysis, simulation, and valuation of cyber risks, combining technical, contextual, and financial data. Citalid's platform further stands out with its ability to automatically simulate ROI outcomes when considering cybersecurity investments and make recommendations based on effectiveness and profitability. In its latest funding round, Citalid raised €12.00M in a Series A investment on 12 October 2022. The investment was led by a syndicate of investors including Seventure Partners, BNP Paribas Developpement, Axeleo Capital, Relyens Innovation Santé, Fiblac, Albingia SA. Citalid's unique platform and recent substantial investment demonstrate its potential for growth and disruption within the cybersecurity industry, particularly in supporting CISOs and risk managers in making informed decisions about cyber risk management and investments. With its strong value proposition and backing from notable investors, Citalid is poised to make significant strides in the cybersecurity market.