What is Cyren?
Founded in 1991 and headquartered in McLean, Virginia, Cyren operates as a provider of cloud-based internet security solutions. The company specializes in delivering advanced threat intelligence services, equipping businesses with the necessary tools to combat evolving cyber threats. Cyren's strategic focus on proactive security measures positions it within the critical cybersecurity market, a sector experiencing continuous growth and innovation.
How much funding has Cyren raised?
Cyren has raised a total of $117.8M across 5 funding rounds:
Stock Offering
$55.2M
Share Placement
$21.5M
Stock Offering
$11.5M
Share Placement
$19.6M
Share Placement
$10M
Stock Issuance/Offering (1999): $55.2M with participation from Undisclosed
Share Placement (1999): $21.5M led by Go2Net and Vulcan Ventures
Stock Issuance/Offering (2015): $11.5M supported by Craig-Hallum Capital Group
Share Placement (2017): $19.6M featuring Warburg Pincus
Share Placement (2018): $10M backed by Undisclosed
Key Investors in Cyren
Warburg Pincus
Warburg Pincus is a leading global private equity firm known for its expertise in growth investing, focusing on building long-term value across diverse industries and stages of development.
Craig-Hallum Capital Group
Craig-Hallum Capital Group is an investment banking firm that provides financial advisory and capital markets services, likely specializing in supporting companies through various funding rounds.
Undisclosed Investors
What's next for Cyren?
With the recent injection of major strategic investment, Cyren is poised to enhance its threat intelligence capabilities and expand its market reach. The company's enterprise-level funding suggests a focus on scaling operations, further developing its cloud-based security platform, and potentially exploring new market segments. This capital infusion is expected to bolster Cyren's competitive position in the dynamic cybersecurity landscape, enabling it to address the increasing demand for robust and reliable threat protection services.
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