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Israeli cybersecurity startup gains $12m seed funding

Twine, a cybersecurity startup, secured US$12 million in seed funding.

The funding round was co-led by Ten Eleven Ventures and Dell Technologies Capital. Other notable participants included Wiz co-founders Assaf Rappaport and Roy Reznik.

Twine operates offices in Tel Aviv and Seattle, employing over 20 people across Israel and the US.

The cybersecurity sector faces a talent gap affecting security threat management.

Twine aims to address these challenges with its platform focusing on identity access management tasks.

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