CyCognito Secures $100M for Attack Surface Management

CyCognito has raised a $100 million in Series C funding round – led by The Westly Group — just 3.5 years after the company was founded in 2017.

New investors Thomvest Ventures and The Heritage Group joined the round alongside existing investors Accel, Lightspeed Venture Partners, Sorenson Ventures and UpWest. The new financing brings the company’s total amount raised to $153 million.

“Our number one priority is to provide global enterprises with world-class attack surface protection,” said Rob Gurzeev, CEO and co-founder of CyCognito. “That’s why we’ve developed the industry’s most dynamic, intelligent platform for comprehensive external attack surface management. Our proactive approach to discovering and prioritizing risk is unmatched in the industry and provides security teams with the insight and confidence to quickly preempt potential attacks.”

The CyCognito platform is an external attack surface management platform that delivers a complete solution to prioritize, investigate and respond to potential security risks. Leveraging advancements in machine learning (ML) and natural language understanding (NLU), the platform autonomously builds a graph data model that portrays an organization’s business structure — from the company’s name to the hundreds of departments, subsidiaries, acquisitions and brands an organization owns.

The platform then scans billions of servers and devices across the Internet to contextualize and identify internet-exposed and unmanaged assets that could serve as entry points for attackers.

Several Fortune 500 companies, including Colgate-Palmolive, Emerson and Tesco, as well as government groups like the State of California, are using the CyCognito platform to autonomously discover, test and contextualize security threats before they happen.

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