What is Cigent Technology?
Founded in 2018 and based in Fort Myers, Florida, Cigent Technology is a cybersecurity firm specializing in an AI-based endpoint security and response solution. Their platform is designed to detect hacking activities in real-time and actively protect data, even post-breach. Cigent's proprietary technology leverages changes in data access patterns, heuristics, and deception techniques to identify anomalous user behavior, providing a robust defense against sophisticated cyber threats.
How much funding has Cigent Technology raised?
Cigent Technology has raised a total of $8M across 2 funding rounds:
Debt
$350K
Series A
$7.6M
Debt (2020): $350K with participation from PPP
Series A (2021): $7.6M led by In-Q-Tel, Cyber Junction, and WestWave Capital
Key Investors in Cigent Technology
In-Q-Tel
In-Q-Tel (IQT) is a not-for-profit strategic investment firm that acts as the U.S. national security community's venture arm, identifying and investing in early-stage commercial technology companies worldwide to deliver capabilities in areas like space, biotech, microelectronics, AI, and energy for the CIA, broader Intelligence Community, DoD, and allied agencies.
WestWave Capital
WestWave Capital is a seed stage venture capital firm that invests in deep-tech founders, focusing on AI-native enterprise software, cybersecurity, and cloud infrastructure. With a proven track record of over 70 portfolio companies and more than 15 successful exits, they back innovative companies at their inception.
Cyber Junction
Cyber Junction Design is a web design service located in Cornwall, specializing in creating responsive websites that balance good design with simplicity, affordability, and functionality. Their portfolio includes a variety of projects, from single-page sites to complex MySQL/PHP applications.
What's next for Cigent Technology?
The substantial enterprise-level funding and recent strategic investment indicate Cigent Technology is poised for significant scaling and market expansion. This capital infusion will likely fuel further development of their AI-driven security solutions, enhance their go-to-market strategies, and potentially broaden their reach into new enterprise sectors. The company's focus on real-time threat detection and data protection in breach scenarios positions it well within the rapidly evolving cybersecurity landscape, suggesting a trajectory towards becoming a key player in endpoint security.
See full Cigent Technology company page
