London’s Cyb3r Operations raises €4.6 million led by Octopus Ventures to tackle third-party cyber risk

London-based cybersecurity startup Cyb3r Operations has secured €4.6 million in a funding round led by Octopus Ventures to address third-party cyber risks. The company, founded in 2021, aims to revolutionize how organizations manage their exposure to vulnerabilities stemming from external vendors and partners. This investment highlights the growing importance of robust cybersecurity measures as businesses increasingly rely on complex digital ecosystems. Cyb3r Operations, which has now raised a total of €5.8 million, offers a platform that provides continuous and automated oversight across an organization's tech stack. The platform's features include automated third-party discovery, intelligence from surface, deep, and dark web sources, and actionable analytics. They are aiming to replace outdated methods, such as manual questionnaires and static audits, with AI-powered risk scoring and real-time threat intelligence derived from extensive data analysis. This technology directly impacts CISOs, procurement teams, and business leaders by helping them reduce financial exposure and strengthen compliance. As third-party cyber incidents continue to rise, the ability to proactively identify and manage risks is crucial for operational resilience. This funding will allow Cyb3r Operations to scale its platform, enhance its threat intelligence capabilities, and support a wider range of organizations in securing their digital assets and supply chains. With the increasing adoption of cloud services and the growth of SaaS tools, the focus on third-party risk management is more important than ever. The startup aims to provide a more dynamic and contextual approach, helping organizations navigate the complexities of their digital ecosystems effectively.