January 12, 2024 at 06:12PM
Cyabra, a leading counter-disinformation company, appoints former Secretary of State Mike Pompeo to its Board of Directors due to strong revenue growth and successful funding. Pompeo’s strategic expertise complements Cyabra’s goal to counter disinformation. The company also secures a $5.7 million Series A extension round to support research, development, and expansion efforts.
Key Takeaways from the Meeting Notes:
1. Cyabra has appointed the 70th Secretary of State, Mike Pompeo, to its Board of Directors due to his strategic expertise and deep understanding of national security threats posed by disinformation campaigns.
2. The company has experienced significant revenue growth and successfully completed a $5.7 million Series A extension round led by OurCrowd.
3. Cyabra’s proprietary AI technology uncovers threats, provides actionable insights, real-time alerts, and detects malicious actors, disinformation, bot networks, and GenAI text and images.
4. The company’s platform offers actionable insights to counter election interference, brand reputation attacks, and impersonations for organizations and the public sector.
5. Recent customer wins include Singaporean media conglomerate Mediacorp, various public offices in major democracies, and global public relations agencies.
6. The company’s 20x revenue growth over the past 2 years has been driven by the recruitment of numerous enterprise clients targeted by malicious actors operating on social media platforms.
7. Cyabra’s total funding now stands at $16 million, which will support ongoing research and development efforts, expansion into new markets, and investment in the creation of proprietary disinformation detection tools.