What is CyCognito?
CyCognito is a cybersecurity firm dedicated to solving a fundamental business problem: providing organizations with a clear view of their external attack surface, mirroring how adversaries perceive them. The company's platform identifies exploitable vulnerabilities, critical assets at risk, and actionable steps to mitigate exposure, thereby enhancing overall security posture. This focus on external visibility and risk reduction positions CyCognito as a key player in the evolving threat landscape.
How much funding has CyCognito raised?
CyCognito has raised a total of $148M across 3 funding rounds:
Series A
$18M
Series B
$30M
Series C
$100M
Series A (2019): $18M with participation from John Thompson, Sorenson Ventures, and Lightspeed Venture Partners
Series B (2020): $30M led by Lightspeed Venture Partners, Sorenson Ventures, Accel Partners BV, and UpWest
Series C (2021): $100M supported by Lightspeed Venture Partners, The Heritage Group, Accel, The Westly Group, and Thomvest Ventures
Key Investors in CyCognito
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Sorenson Ventures
Sorenson Capital collaborates with B2B product-first founders to revolutionize the way businesses operate, focusing on cybersecurity, applications, analytics, ML, AI, DevTools, and computing infrastructure. They invest in B2B software companies at various stages, offering technical expertise and support beyond board meetings.
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
What's next for CyCognito?
The substantial enterprise-level funding and recent strategic investment indicate CyCognito is poised for significant scaling and market expansion. This capital infusion will likely fuel further development of its core technology, enhance its go-to-market strategies, and potentially support strategic acquisitions. The company's trajectory suggests a focus on solidifying its leadership in external attack surface management and continuing to provide enterprises with the visibility needed to combat sophisticated cyber threats.
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