{"id":276,"date":"2021-12-01T23:39:00","date_gmt":"2021-12-01T23:39:00","guid":{"rendered":"https:\/\/www.cycognito.com\/blog\/?p=276"},"modified":"2024-01-22T08:24:57","modified_gmt":"2024-01-22T16:24:57","slug":"accelerating-the-journey-cycognito-celebrates-100m-series-c","status":"publish","type":"post","link":"https:\/\/www.cycognito.com\/blog\/accelerating-the-journey-cycognito-celebrates-100m-series-c\/","title":{"rendered":"Accelerating Our Journey: CyCognito Celebrates US$100M Series C"},"content":{"rendered":"\n

Today is a monumental day for CyCognito and another strong move in our journey to reshape how organizations discover and protect their attack surface. Over the last few years we have enjoyed a great partnership with Accel, Lightspeed Venture Partners, Sorenson Ventures, UpWest and Dan Scheinman, and now we just announced our $100M Series C funding<\/a> round led by The Westly Group, with new investors Thomvest Ventures and The Heritage Group joining the team. These new and continued investments, along with the trust of our rapidly growing customer base, validate our platform approach to helping organizations protect their external attack surface from even the most sophisticated attackers.<\/p>\n\n\n\n

We have had a lot of fun over the last three and a half years building a great team, a best-in-class product and working with some of the most proactive, capable CISOs and security teams in the world. Every single one of you has shaped the journey thus far. We would not be here without you, and I look forward to seeing what we accomplish together going forward.<\/p>\n\n\n\n

Finding the Paths of Least Resistance<\/h2>\n\n\n\n

Sixty-nine percent (69%) of organizations<\/a> report that they have been breached through internet-exposed assets that were poorly secured or previously unknown. Attackers will always pursue the path of least resistance into an organization\u2019s IT ecosystem, and if you don\u2019t have a superior level of risk intelligence, it\u2019s impossible to protect your organization. This challenge can\u2019t be solved with the legacy solutions developed ten, twenty, even thirty years ago.<\/p>\n\n\n\n

It can only be solved by finding a way to completely map an organization\u2019s entire external attack surface, pathways and risk to see what attackers see and narrow the gap between attackers and defenders. What\u2019s needed is to provide IT and security teams a prioritized list of the \u201csmall number of attack vectors that pose >90% of the risk,\u201d as I like to explain it.<\/p>\n\n\n\n

We built the only platform that offers comprehensive external attack surface management and autonomous security testing to solve this challenge. Our proactive approach to uncovering and prioritizing risk and dramatically accelerating remediation is unmatched in the industry and provides security teams with the insight and confidence to quickly preempt potential attacks.<\/p>\n\n\n\n

We continue to innovate and move our platform forward to do more to help solve this challenge. Just this year we introduced:<\/p>\n\n\n\n