CyCognito Raises $100 Million in Series C  

by Kay Aloha Villamor in December 3rd, 2021

CyCognito, a Palo Alto, CA-based external attack surface management platform provider, raised $100 million in Series C funding, bringing the total amount raised to $153 million.

The round was led by The Westly Group, with participation from new investors Thomvest Ventures and The Heritage Group and existing investors Accel, Lightspeed Venture Partners, Sorenson Ventures, and UpWest.

The company intends to use the funds to continue to expand operations and its business reach.

Company: CyCognito Inc.

Raised: $100.0M

Round: Series C

Funding Month: December 2021

Lead Investors: The Westly Group

Additional Investors: Thomvest Ventures, Heritage Group, Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest

Company Website: https://www.cycognito.com/

Software Category: Attack Surface Management platform

About the Company: Led by Rob Gurzeev, CEO and co-founder, CyCognito provides an Attack Surface Management platform to prioritize, investigate, and respond to potential security risks. Leveraging Machine Learning (ML) and Natural Language Understanding (NLU), the system autonomously build a graph data model that portrays an organization’s business structure—from the company’s name to the hundreds of departments, subsidiaries, acquisitions, and brands an organization owns. The platform then scans billions of servers and devices across the Internet to contextualize and identify internet-exposed and unmanaged assets that could serve as entry points for attackers. Several Fortune 500 companies, including Colgate-Palmolive, Tesco, and Scientific Games Corporation, as well as government groups like the State of California, are using CyCognito to autonomously discover, test, and contextualize security threats before they happen.

 

Source: https://www.finsmes.com/2021/12/cycognito-raises-100m-in-series-c-funding.html

 

 


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