Elbit Systems' Cyberbit raises $30 mln from Claridge Israel: Reuters

Israeli defence electronics contractor Elbit Systems said this week its wholly owned subsidiary Cyberbit raised US$30 million from Canadian private equity investor Claridge Israel. Cyberbit provides cyber training and simulation technology as well as detection of cyber attacks and response. The investment will facilitate Cyberbit’s expansion of its sales and marketing operations, primarily in North America, enhance customer and partner support and boost development, Elbit said. Claridge Israel is an investment partnership between Caisse de dépôt et placement du Québec and Claridge Inc, the family office of Stephen Bronfman. It was launched in 2015.

4 June 2018•1 min read
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