Check Point Software Technologies acquired Cyclops, an Israeli start-up that maps a company's cyber assets and ranks its security exposures, the company said on February 12, 2026, alongside its fourth-quarter and full-year 2025 results.
Check Point did not disclose financial terms. Calcalist reported, citing estimates, that Check Point was paying about $85 million for Cyclops, out of roughly $150 million for three Israeli deals announced the same day. Globes reported market estimates of more than $150 million for the three.
Cyclops's technology will join Check Point's Exposure Management platform. Check Point's annual report confirmed that it completed the acquisition of Cyclops Security Ltd. in February 2026.
What Cyclops built
Cyclops was founded in Tel Aviv in 2022 by chief executive Eran Zilberman, a former regional sales director at RSA, chief technology officer Elay Gueta and chief product officer Biran Franco. Its product falls into a category known as cyber asset attack surface management, or CAASM.
The platform gives security teams a continuous inventory of an organisation's assets across cloud, identities, endpoints, servers, applications and SaaS, as well as on-premises and operational technology (OT) environments. An AI layer analyses how those assets relate to each other and where they are vulnerable, ranks exposures by business impact and suggests how to fix them, according to Globes.
Cyclops connects to more than 150 third-party systems across SaaS, cloud, on-premises, IoT and OT networks, endpoints and workloads. It pulls asset data from each, removes duplicates and builds a graph of the organisation's inventory, which lets it find unmanaged devices and flag those with known vulnerabilities, SiliconANGLE and ISMG reported.
When it came out of stealth, Cyclops presented itself as a security search platform powered by generative AI, SecurityWeek noted.
Why Check Point is buying
Check Point said Cyclops expands its Exposure Management offering into a complete continuous threat exposure management (CTEM) product. CTEM is an approach in which security teams continuously find, rank and fix the weaknesses attackers could use, rather than running periodic scans.
Exposure Management is one of the strategic areas Check Point chief executive Nadav Zafrir set out for 2026, alongside its Hybrid Mesh network security and Workspace products, with AI-driven security built into the whole portfolio.
Roi Karo, Check Point's chief strategy officer, told ISMG that Cyclops adds internal asset discovery to the external attack surface tools Check Point already sells. He said the start-up stood out for its ability to surface the real risks out of all the noise, and that one hard problem it solved was recognising the same computer when different systems describe it in different ways.
The founders and the funding
Cyclops raised seed funding in July 2023, but reports differ on the amount. Globes put the round at $13.25 million, led by Merlin Ventures with Ibex Investors, Tal Ventures, Insight Partners and private investors. Calcalist gave $12.5 million and listed CrowdStrike's Falcon Fund among the backers, while ISMG and SiliconANGLE reported $6.4 million, with ISMG naming Merlin Ventures, Insight Partners, Tal Ventures and toDay Ventures.
Headcount figures also vary: Globes reported more than 20 employees, while ISMG put the team at 40.
Three deals in one day
Alongside Cyclops, Check Point bought Cyata, a 2024 start-up that controls the identities and permissions of AI agents, and hired the team of Rotate, which built a platform for managed service providers. In the fourth quarter of 2025 it had also completed the acquisition of AI security company Lakera for about $190 million in net cash.
Check Point reported fourth-quarter revenue of $745 million, up 6% from a year earlier, with security subscription revenue up 11% to $325 million.
Investors did not welcome the quarter. SiliconANGLE reported that revenue came in slightly below analysts' consensus even as adjusted earnings of $3.40 per share beat forecasts, and Check Point's shares fell almost 7% on the day.
