CyCognito Inc., a Palo Alto, Calif.-based leader in uncovering and prioritizing risk from attacker-exposed systems and assets, raised $30m in Series B funding.
As part of today’s announcement, Eric Wolford, Partner at Accel, will join the CyCognito Board of Directors.
The round, which brought the company’s total funding to $53m, was led by Accel with participation from previous investors Lightspeed Venture Partners, Sorenson Ventures and UpWest. In conjunction with the funding, Eric Wolford, Partner at Accel, will join the CyCognito Board of Directors.
The company will use the funding to expand operations and its business reach.
Led by Rob Gurzeev, CEO and co-founder, CyCognito provides customers across a wide range of industries with a platform to discover their attack surface, detect and eliminate attack vectors, validate their security posture, monitor subsidiary risk, and perform cyber due diligence as part of M&A activities. The CyCognito platform is a modern attack surface management product that maps all internet-exposed assets in an organization, determines their business context (i.e., importance), detects and prioritizes attack vectors, and provides remediation steps.