EQT and 83North-backed CYE picks up Baseline

• Cyberillium is a security research firm providing product security research and adversary simulation services
• EQT and 83North invested in CYE in 2021
• EQT is a global investment organisation based in Stockholm, Sweden

CYE, backed by EQT Private Equity and 83North, has acquired Baseline, a vulnerability analysis platform by Cyberillium.

No financial details of the transaction were disclosed.

Cyberillium is a security research firm providing product security research and adversary simulation services. The company is based in Tel Aviv, Israel.

CYE will incorporate Baseline’s capabilities into its Hyver platform, CYE’s advanced CRQO platform, enabling automated attack route creation and prioritisation based on Baseline novel context-aware algorithms, according to a release.

EQT and 83North invested in CYE in 2021.

CYE is a global cybersecurity company that analyses data to predict probable attack routes, quantifies the potential financial consequences of cyber risk, and provides clarity to stakeholders. It is based in Tel Aviv, Israel with offices in New York and London.

83North is a global venture capital firm based in London.

EQT is a global investment organisation based in Stockholm, Sweden