Cybersecurity firm Daylight raises $80 million in Series B led by Goldman Sachs

In depth

Israeli cybersecurity company Daylight has completed a $80 million Series B funding round, led by Goldman Sachs. About a year after its previous round, the company's total funding reaches $120 million.

The company, founded by two former employees of the cybersecurity firm Torq, is developing a platform that combines AI agents with cyber experts for monitoring and incident response. It currently employs 80 people, 43 of them in Israel.

Daylight's revenues have grown more than 40-fold over the past year. The company's valuation in the round is estimated at approximately $400 million. Among the investors in the round are Okta Ventures, alongside Vintage Partners, Craft Ventures, Bain Capital and Maple Capital.