What is Cysiv?
Headquartered in Irving, Texas, Cysiv emerged in 2018 as a strategic partnership between Trend Micro and HITRUST. The company operates at the intersection of cybersecurity operations and risk management, offering a specialized platform designed to streamline compliance and threat detection. By focusing on the HITRUST cyber risk management framework, Cysiv provides a critical service for organizations that require a more rigorous and automated approach to their security posture.
The company's market position is defined by its deep integration with established security protocols, allowing it to serve as a foundational layer for enterprise clients. By simplifying the complexities of cyber risk, Cysiv enables businesses to maintain operational resilience while adhering to stringent regulatory requirements, effectively bridging the gap between technical security execution and executive-level risk oversight.
How much funding has Cysiv raised?
Cysiv has raised a total of $26M across 1 funding round:
Series A
$26M
Series A (2020): $26M with participation from Trend Forward Capital Management and Forgepoint Capital
Key Investors in Cysiv
Trend Forward Capital Management
A venture capital firm focused on scaling purpose-driven technology, providing both financial resources and deep business expertise to foster sustainable growth.
Forgepoint Capital
A premier cybersecurity-focused venture fund that leverages an extensive network of industry experts to support transformative companies in the digital protection space.
What's next for Cysiv?
With the recent capital deployment, Cysiv is expected to scale its engineering and go-to-market capabilities to meet the rising demand for managed security services. The strategic focus will likely center on enhancing its threat intelligence capabilities and expanding its footprint within the enterprise sector. As the company matures, the integration of advanced analytics and automated response mechanisms will be paramount in maintaining its competitive edge.
Furthermore, the continued support from its primary investors suggests a long-term commitment to building a dominant player in the cybersecurity space. Future growth will likely involve deepening its ecosystem partnerships and refining its platform to address emerging vulnerabilities, ensuring that Cysiv remains a cornerstone of modern cyber risk management strategies.
