How Much Did Cycode Raise?
Funding & Key Investors

Cycode has solidified its position as a critical player in the software supply chain security landscape, securing a total of $182.6M in cumulative capital. The company recently finalized a major strategic investment of $102M, marking a significant milestone in its trajectory toward becoming the industry standard for application security. This latest infusion of capital underscores investor confidence in Cycode's ability to address the escalating complexities of modern software development lifecycles.

What is Cycode?

Cycode
SoftwareSecurity Software

Cycode operates as a comprehensive software supply chain security solution, providing deep visibility and integrity across all phases of the SDLC. By leveraging its proprietary Knowledge Graph, the platform offers unparalleled context, enabling organizations to improve security accuracy and significantly reduce mean-time-to-remediation (MTTR). Unlike legacy tools that often operate in silos, Cycode integrates the top eight AppSec functions into a unified, advanced platform. This consolidation allows for net-new capabilities, such as Pipeline Composition Analysis, which identifies vulnerable dependencies and security threats that traditional SCA and SAST tools frequently overlook. By prioritizing threats based on actual exploitability, Cycode empowers security teams to focus on the most critical risks within their enterprise environments.

How much funding has Cycode raised?

Cycode has raised a total of $182.6M across 4 funding rounds:

2019

Angel/Seed

$4.6M

2021

Series A

$20M

Series B

$56M

2024

Private Equity

$102M

Angel/Seed (2019): $4.6M with participation from Justin Somaini, Andy Grolnick, YL Ventures, Eyal Gruner, and Mike Fey

Series A (2021): $20M led by Insight Partners and YL Ventures

Series B (2021): $56M supported by Insight Partners

Private Equity (2024): $102M featuring General Catalyst, Costanoa Ventures, and Rally Ventures

Key Investors in Cycode

General Catalyst

A venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors, leveraging deep operational experience to help companies achieve substantial scale.

Costanoa Ventures

A venture capital firm specializing in enterprise software, providing long-term, pragmatic guidance to founders tackling significant challenges in building high-growth companies.

Rally Ventures

An early-stage investment firm focused on B2B technology, including cybersecurity and SaaS, utilizing a vast network of tech partners to provide hands-on support to portfolio companies.

What's next for Cycode?

With the successful closure of its latest financing round, Cycode is well-positioned to accelerate its market expansion and deepen its technological moat. The company is expected to leverage this capital to scale its engineering efforts, further refining its Knowledge Graph capabilities and expanding its footprint within the global enterprise software market. As organizations continue to grapple with sophisticated supply chain attacks, Cycode's focus on proactive, context-aware security will likely remain a key differentiator. Future growth strategies will likely involve enhancing its automated remediation features and strengthening its ecosystem of integrations, ensuring that the platform remains the central nervous system for secure software delivery in an increasingly threat-prone digital economy.

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Frequently Asked Questions Regarding Cycode Financial Insights

What are the most recent funding rounds that Cycode has completed, and what were the funding rounds?
Cycode has recently completed 3 funding rounds: Private Equity on Feb 11, 2024, Series B on Nov 30, 2021, Series A on May 11, 2021.
What is the total amount of funding Cycode has raised to date?
Cycode has raised a total of $182.6M in funding to date.
How many funding rounds has Cycode completed?
Cycode has completed 3 funding rounds.
How much funding did Cycode raise in its most recent funding round?
Cycode raised $102M in its most recent funding round.
Who are the lead investors in Cycode's latest funding round?
The lead investor in Cycode's latest funding round was General Catalyst. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cycode's history?
The largest funding round in Cycode's history was $102M.
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