The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Information Service Activities Information Service Activities 63.99 - Other information service activities n.e.c.
110 jobs Number of planned job creations
Announcement Date
11 October 2018
Employment effect (start)
12 October 2018
Foreseen end date
31 December 2019
Description
French start-up Cybelangel, which offers large groups the tools to automatically track their data leaks over the Internet, has announced a new round of funding of €10 million after a first round of funding of €3 million in 2017. The €10 additional million will be used to intensify the conquest of the American market, to develop R&D located at the head office in Paris, and to continue expanding in Europe, particularly in Germany and the United Kingdom. In the United States, the aim is to set up a sales force of 45 people by the end of 2019.
In France, CybelAngel is primarily looking for engineers, data scientists and cyber analysts. In total, the company expects to increase from 70 to around 180 employees by the end of 2019, most of which are located in Paris. To identify data leaks and report them to their customers, CybelAngel has developed a technology capable of scanning any connected object on the planet and to automatically and permanently scan the deep web and the dark web.
Sources
Citation
Eurofound (2018), Cybelangel, Business expansion in World, factsheet number 95624, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95624.
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