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Attack Surface Management Startup Cycognito Raises $100M Series C On $800M Valuation

PRIVATEDec 01, 2021•over 4 years ago

Amount Raised

$100 Million

Round Type

series c

Description

As companies look for ways to prevent cyber attacks, one strategy is to be proactive and find vulnerabilities that could lead to a breach in an approach called “attack surface management.” A number of companies have taken this approach, and one, CyCognito, announced a $100 million Series C today on an $800 million valuation.

Company Information

Company

Cy Cognito

About

Like any attack surface management company, CyCognito is looking at the range of assets a company has and looking for gaps in security, but CEO and co-founder Rob Gurzeev claims that the comprehensiveness of his company’s approach is what differentiates it from the pack.“We are leveraging machine learning-based, attack surface management to understand what’s out there. Gurzeev says that using this approach, the company has grown revenue over 400x in the last year, although he didn’t get specific about the revenue number. As for employees, the startup began the year with 85 and is expected to finish up with more than 140 with the goal of reaching around 230 by the end of 2022.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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