Cygov Continues Upward Growth – Oleg Movchan Joins Board of Directors

Oleg Movchan, a capital markets and risk management veteran, has joined the company’s Board of Directors.

04-June-2020 – Tel Aviv – SaaS-based cyber risk platform provider CyGov announced its latest big addition today. Oleg Movchan, a capital markets and risk management veteran with extensive experience in asset management and investment banking, has joined the company’s Board of Directors. It is the latest in a string of expansion initiatives, partnerships and joint ventures continuing to accelerate the company’s growth.

Movchan brings over two decades of experience overseeing large and complex multi-billion dollar portfolios and trading strategies across both public and private capital markets. He is also a managing partner and a Board Member of Enfusion Systems, a leading global provider of investment management technology solutions and services. Additionally, Movchan is a founder and managing partner of Gimel Tech Ventures, a technology-centric private equity and venture capital investment platform. He also serves on the board of Revolution Global, a leading provider of the highest quality cannabis-based products in the US.

Movchan joins CyGov’s impressive roster of industry leaders from across the fields of corporate development, investment management, security and technology. He will provide insight, advice and guidance as CyGov looks to continue its exciting trajectory, reaching new clients and untapped markets.

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CyGov CEO Yair Solow commented, “We are delighted to welcome Oleg to our Board of Directors. It is a real endorsement of what we have accomplished to date and are trying to achieve going forward. Oleg brings enormous corporate and investment experience, having pioneered several disruptive ventures. His knowledge and insights will help CyGov reach new heights.”

Movchan added: “CyGov has built a unique technology framework and a set of capabilities that should be an integral part of any CRO/CISO in their quest to identify, measure and manage cyber security risks. The company finds itself uniquely positioned to capture a tectonic shift in demand for high quality cyber security solutions. I am excited and humbled to become a part of this incredibly talented and seasoned team to help CyGov and its clients reach their full potential.”

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About CyGov

CyGov delivers a SaaS-based cyber risk platform that empowers organizations to understand their cyber risks and how best to manage them. The CyGov solution simplifies the entire lifecycle of cyber risk management from assessment, analysis to remediation while providing an innovative visualization approach to overseeing security utilizing integrated threat intelligence. Learn more at

About Gimel Tech Ventures

Gimel Tech Ventures is a private equity/ venture capital investment platform that makes investments in technology-centric companies across various growth stages. Along with its affiliates, it is founded and managed by a team of seasoned investors and entrepreneurs that successfully built and invested in businesses across multiple market cycles. Learn more at

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