Israeli Cybersecurity Firm CYE Raises $100 Million for Expansion

Israeli cyber security startup CYE raised $100 million from EQT Partners and 83North to grow sales in the U.S. and Western Europe. CYE doubled sales last year and is already profitable, Chief Executive Officer Reuven Aronashvili said in an interview. CYE is now targeting revenue growth of 300% to 400% a year, he said.