Tech Company Financing Transactions
Cybord Funding Round
Cybord closed a $8.7 million Series A funding round on 9/17/2024. Backers included Capri Ventures, IL Ventures and NextLeap Ventures.
Transaction Overview
Company Name
Announced On
9/17/2024
Transaction Type
Venture Equity
Amount
$8,700,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
247W 30th Street
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Overview
Cybord was founded by Dr. Eyal Weiss, following a crisis in a defense mega project, due to counterfeit electronic components. It took his team months to trace the problem down to a 3 cents faulty capacitor. Following this incident and by perceiving the understanding of the vast phenomenon of defective and counterfeit components, Cybord has taken on a mission to get counterfeit and defective components off production lines.
Management Team
Title
Name
Email & Social
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