HERZLIYA, Israel, July 9, 2020-- XM Cyber, the multi-award-winning leader in breach and attack simulation (BAS) advanced cyber risk analytics and cloud security posture management, today announced that it has closed a $17 million Series B funding round with Macquarie Capital, Nasdaq Ventures, Our Innovation Fund, and Swarth Group. The company has now raised a total of $49 million, from this current round as well as the previous Series A round, and a seed investment from Swarth Group. XM Cyber will use the funding to grow its research and development department while expanding its sales and marketing presence worldwide.