About Cycode
Cycode is a company based in Tel Aviv (Israel) founded in 2019 by Dor Atias, Ronen Slavin, and Lior Levy.. Cycode has raised $80.6 million across 3 funding rounds from investors including Insight Partners, YL Ventures and Mike Fey. Cycode has completed 1 acquisition, including Bearer. Cycode offers products and services including ASPM Platform, Secrets Detection, CI/CD Security, Software Composition Analysis, and Static Application Security Testing. Cycode operates in a competitive market with competitors including Checkmarx, Snyk, Veracode, Watchfire and ArmorCode, among others.
- Headquarter Tel Aviv, Israel
- Founders Dor Atias, Ronen Slavin, Lior Levy
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cycode Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$80.6 M (USD)
in 3 rounds
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Latest Funding Round
$56 M (USD), Series B
Nov 30, 2021
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Investors
Insight Partners
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Cycode
Cycode offers a comprehensive portfolio of products and services, including ASPM Platform, Secrets Detection, CI/CD Security, Software Composition Analysis, and Static Application Security Testing. 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.
Manages application security posture and detects vulnerabilities in code.
Scans and remediates hidden secrets in software development pipelines.
Monitors and prevents attacks in continuous integration pipelines.
Identifies open source vulnerabilities across the SDLC.
Detects and fixes vulnerabilities in custom-developed code.
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Funding Insights of Cycode
Cycode has successfully raised a total of $80.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $56 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $56.0M
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First Round
First Round
(24 Sep 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Cycode | Valuation | Insight Partners | |
| May, 2021 | Amount | Series A - Cycode | Valuation | Insight Partners | |
| Sep, 2019 | Amount | Seed - Cycode | Valuation | YL Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Cycode
Cycode has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Insight Partners, YL Ventures and Mike Fey. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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YL Ventures is engaged in funding and supporting cybersecurity startups.
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Founded Year | Domain | Location | |
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MF
Mike Fey |
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Cycode
Cycode has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bearer. 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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2014 | ||||
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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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Cloud data security solutions are offered for developer workflows.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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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 - Cycode
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Cycode Comparisons
Competitors of Cycode
Cycode 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 Checkmarx, Snyk, Veracode, Watchfire and ArmorCode, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Security testing software is provided for code vulnerability detection.
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| domain | founded_year | HQ Location |
Application security is delivered via a cloud-based developer platform.
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| domain | founded_year | HQ Location |
AI-powered testing software for securing applications is offered.
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| domain | founded_year | HQ Location |
Web application vulnerability assessment and compliance solutions are provided.
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| domain | founded_year | HQ Location |
AI powered application security solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cycode
Frequently Asked Questions about Cycode
When was Cycode founded?
Cycode was founded in 2019.
Where is Cycode located?
Cycode is headquartered in Tel Aviv, Israel.
Who is the current CEO of Cycode?
Lior Levy is the current CEO of Cycode. They have also founded this company.
Is Cycode a funded company?
Cycode is a funded company, having raised a total of $80.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.6M, raised on Sep 24, 2019.
What does Cycode do?
Cycode was founded in 2019 in Tel Aviv, Israel, and operates in the application security sector. A platform for application security posture management is delivered, covering the lifecycle from code to cloud. Existing testing tools can be replaced or integrated with this platform, which enables visibility into vulnerabilities, their prioritization, and remediation efforts at scale across cloud environments.
Who are the top competitors of Cycode?
What products or services does Cycode offer?
Cycode offers ASPM Platform, Secrets Detection, CI/CD Security, Software Composition Analysis, and Static Application Security Testing.
How many acquisitions has Cycode made?
Cycode has made 1 acquisition, including Bearer.
Who are Cycode's investors?
Cycode has 6 investors. Key investors include Insight Partners, YL Ventures, Mike Fey, Andy Grolnick, and Justin Somaini.
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