What is Cenzic?
Cenzic specializes in vulnerability and risk management solutions, alongside regulatory compliance tools such as FISMA and NIST 800-53. Its patented technology is designed to scale from single application assessments to enterprise-level deployments, offering a pricing model that supports comprehensive testing of all cloud and web applications. Cenzic's solutions are currently utilized by over half a million online applications and trillions of dollars in commerce for Fortune 1000 companies, major security firms, government agencies, universities, and SMBs, underscoring its broad market adoption and critical role in securing digital assets.
How much funding has Cenzic raised?
Cenzic has raised a total of $25M across 3 funding rounds:
Series A
$8M
Series B
$2M
Series C
$15M
Series A (2002): $8M with participation from Mohr Davidow Ventures
Series B (2004): $2M led by JK&B Capital, Mohr Davidow Ventures, and HWVP (Hummer Winblad Venture Partners)
Series C (2005): $15M supported by JK&B Capital, Hummer Winblad Venture Partners, Advanced Technology Ventures, and Mohr Davidow Ventuers
Key Investors in Cenzic
Mohr Davidow Ventures
Mohr Davidow Ventures specializes in innovative tools aimed at enhancing productivity and streamlining processes. The company focuses on supporting entrepreneurs who recognize significant market opportunities and are driven to pursue them.
JK&B Capital
JK&B Capital is a Chicago-based venture capital firm managing over $1.1 billion, specializing in the Communications, Information Technologies, and Healthcare sectors. The firm is recognized for its exceptional returns driven by its technical expertise and rigorous investment approach.
Hummer Winblad Venture Partners
HWVP is an investment firm focused on early-stage enterprise software companies, providing first institutional capital and ongoing support to help entrepreneurs realize their visions. The firm is known for its deep operational understanding and expertise in software and SaaS.
What's next for Cenzic?
With its recent strategic investment, Cenzic is poised to further enhance its automated security risk identification capabilities. The company's focus on scalable solutions for web, cloud, and web services applications, coupled with its compliance offerings, positions it for continued growth in the cybersecurity market. The enterprise-level backing suggests a strategic push towards expanding market reach and deepening its technological innovation in vulnerability management, likely targeting larger enterprise clients and government contracts. This funding will enable Cenzic to solidify its position as a leader in proactive online security.
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