About Cygilant
Cygilant is a company based in Boston (United States) founded in 2001 by Vijay Basani and Jay Reddy was acquired by SilverSky in January 2022.. Cygilant has raised $35.96 million across 8 funding rounds from investors including SilverSky, Arrowroot Capital Management and Venrock. The company has 1 employees as of April 05, 2024. Cygilant operates in a competitive market with competitors including Splunk, Sumo Logic, Exabeam, LogRhythm and LogPoint, among others.
- Headquarter Boston, United States
- Employees 1 as on 05 Apr, 2024
- Founders Vijay Basani, Jay Reddy
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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 Cygilant (India) Research And Development Private Limited
- Date of Incorporation 28 Feb, 2018
- Jurisdiction Kondapur, Telangana, India
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Annual Revenue
$0 (USD)-100as on Mar 31, 2021
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Net Profit
$-677.17 K (USD)-1117.31as on Mar 31, 2021
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EBITDA
$-670.92 K (USD)-1792.97as on Mar 31, 2021
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Total Equity Funding
$35.96 M (USD)
in 8 rounds
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Latest Funding Round
$1 M (USD), Series C
Mar 15, 2019
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Investors
SilverSky
& 2 more
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Employee Count
1
as on Apr 05, 2024
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Acquired by
SilverSky
(Jan 10, 2022)
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Funding Insights of Cygilant
Cygilant has successfully raised a total of $35.96M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $1 million completed in March 2019. 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 8
- Last Round Series C — $1.0M
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First Round
First Round
(21 Jan 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series C - Cygilant | Valuation |
investors |
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| Apr, 2017 | Amount | Series C - Cygilant | Valuation | Arrowroot Capital Management |
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| Jan, 2016 | Amount | Series C - Cygilant | Valuation | Arrowroot Capital Management |
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| 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 Cygilant
Cygilant has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include SilverSky, Arrowroot Capital Management and Venrock. 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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Buyout focused private equity firm for software companies
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Founded Year | Domain | Location | |
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Venture capital firm focused on tech sectors
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Founded Year | Domain | Location | |
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Cloud security and compliance solution company
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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 Cygilant
| 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 |
Financial Statements - Cygilant
| 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 |
Cygilant Comparisons
Competitors of Cygilant
Cygilant 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 Splunk, Sumo Logic, Exabeam, LogRhythm and LogPoint, 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 |
Cloud based platform offering IT operational data and security analytics software
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| domain | founded_year | HQ Location |
Cloud-based log management and security analytics solutions are delivered.
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| domain | founded_year | HQ Location |
SIEM platform for threat detection and response is provided.
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| domain | founded_year | HQ Location |
Cloud-based SIEM and network monitoring solutions are provided.
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| domain | founded_year | HQ Location |
Cloud based log management software provider
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| domain | founded_year | HQ Location |
Cloud-based observability software provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Cygilant
Frequently Asked Questions about Cygilant
When was Cygilant founded?
Cygilant was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Where is Cygilant located?
Cygilant is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Cygilant?
Vijay Basani is the current CEO of Cygilant. They have also founded this company.
Is Cygilant a funded company?
Cygilant is a funded company, having raised a total of $35.96M across 8 funding rounds to date. The company's 1st funding round was a Series C of $9.55M, raised on Jan 21, 2009.
How many employees does Cygilant have?
As of Apr 05, 2024, the latest employee count at Cygilant is 1.
What does Cygilant do?
Cygilant provides a cloud-based hybrid platform for cybersecurity analytics to the organizations. The platform SOCVue is an integrated service that combines on-demand incident detection response, remediation guidance, continuous critical security controls auditing, SIEM, log management, vulnerability patch management, compliance reporting, and auditable change management. The solutions are delivered as either managed and co-managed arrangement. In Sep 2017, the company renamed itself from EiQ Networks and announced the growth capital funding of 7M from the Arrowroot Capital.
Who are the top competitors of Cygilant?
Cygilant's top competitors include Splunk, Sumo Logic and Exabeam.
Who are Cygilant's investors?
Cygilant has 3 investors. Key investors include SilverSky, Arrowroot Capital Management, and Venrock.
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