About Cipher
Cipher is a company based in Miami (United States) founded in 2000 was acquired by Prosegur in December 2018. It operates as a SaaS (Software-as-a-Service), and Managed Services. Cipher has completed 1 acquisition, including BlockBit. Cipher offers products and services including xMDR Platform, xMDR Services, and PCI-DSS Compliance. Cipher operates in a competitive market with competitors including Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others.
- Headquarter Miami, United States
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Sectors
Technology
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Annual Revenue
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Acquired by
Prosegur
(Dec 11, 2018)
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Products & Services of Cipher
Cipher offers a comprehensive portfolio of products and services, including xMDR Platform, xMDR Services, and PCI-DSS Compliance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for unified cybersecurity threat detection and response.
Services for managed cybersecurity threat detection and response.
Solutions for secure credit card data management compliance.
Funding Insights of Cipher
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Cipher
Cipher has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Prosegur Argentina. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Security solutions are provided by Prosegur Argentina for various clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cipher
Cipher has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BlockBit. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Unified threat management appliances are supplied for enterprise network security.
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cipher
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cipher Comparisons
Competitors of Cipher
Cipher operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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IT risk management solutions are delivered via a specialized platform.
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Online platform for blockchain and smart contract cybersecurity
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Electronic security and fire alarm systems are integrated and serviced.
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Cloud security and compliance solution company
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Cyber monitoring solutions and security research are provided for defense.
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Attack surface management, threat detection, and pentesting services are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cipher
Frequently Asked Questions about Cipher
When was Cipher founded?
Cipher was founded in 2000.
Where is Cipher located?
Cipher is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
What does Cipher do?
Cipher is engaged in delivering advanced cybersecurity solutions through its xMDR platform and services. The company focuses on threat detection and response across IT, OT, cloud, and on-premises environments. Solutions are designed to address fragmentation, visibility gaps, talent shortages, and cost constraints using AI-driven approaches and data analytics. Cipher operates in the cybersecurity sector, offering protection and compliance services like PCI-DSS for secure credit card data management. Its global presence supports businesses in enhancing security posture and managing cyber threats effectively.
Who are the top competitors of Cipher?
Cipher's top competitors include CertiK, Optiv Security and SilverSky.
What products or services does Cipher offer?
Cipher offers xMDR Platform, xMDR Services, and PCI-DSS Compliance.
How many acquisitions has Cipher made?
Cipher has made 1 acquisition, including BlockBit.
Who are Cipher's investors?
Cipher has 1 investor. Key investors include Prosegur Argentina.
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