Cyient and SBI both took part in the round, which increased the connected railway-focused cybersecurity software producer's total funding to $17m.

Cylus, an Israel-based developer of cybersecurity technology for railway systems, has received $12m in a series A round that featured engineering services firm Cyient and financial services provider SBI Group. Venture capital firms Magma Venture Partners and Vertex Ventures co-led the round, which included Cerca Partners, GlenRock, FollowTheSeed, private investor Christian Kern and Cylus co-founder…

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