About Cygilant
Cygilant is a Technology company based in Boston (United States) founded in 2001 by Vijay Basani and Jay Reddy, and was acquired by SilverSky in January 2022. Cloud-based SIEM, security analytics, and incident response platform is delivered. Cygilant has raised $35.96 million across 8 funding rounds from investors including SilverSky, Arrowroot Capital Management and Venrock. The company has 1 employees. Its chief executive, as recorded, is Vijay Basani. Its focus areas include Enterprise Infrastructure, Cybersecurity, Security Analytics and SIEM. Its legal entity in India is Cygilant (India) Research And Development Private Limited (U74994TG2018FTC122613). Its competitors include Splunk, Sumo Logic and Exabeam; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Boston, United States
- Employees 1
- Founders Vijay Basani, Jay Reddy
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cygilant.com
- Social LinkedIn X Facebook
- Acquired by SilverSky (Jan 2022)
- Legal Name Cygilant (India) Research And Development Private Limited
- Date of Incorporation 28 Feb, 2018
- Jurisdiction Hyderabad, Telangana, India
Associated legal entities of Cygilant
Cygilant operates through Cygilant (India) Research And Development Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cygilant (India) Research And Development Private Limited CIN U74994TG2018FTC122613 | Active | 28 Feb 2018 | Hyderabad, Telangana | 1 | 3 | View details |
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 $35.96M
- Total Rounds 8
- Last Round Series C — $1M
- First Round $10M
(Jan 2009)
- Investors Count 2
All 8 funding rounds of Cygilant with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $1M | Series C | – | – | – |
| Apr 2017 | $10.66M | Series C | – | Arrowroot Capital Management | – |
| Jan 2016 | $9.55M | Series C | – | Arrowroot Capital Management | – |
| Mar 2015 | $999,999 | Series B | – | – | – |
| Mar 2015 | $999,999 | Series B | – | – | – |
| Jun 2012 | $750,000 | Debt – Conventional | – | – | – |
| Jun 2012 | $2.75M | Series B | – | – | – |
| Jan 2009 | $10M | Series B | – | Venrock | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buyout focused private equity firm for software companies | arrowrootcapital.com | Marina Del Rey, United States | ||
Venture capital firm focused on tech sectors | venrock.com | Palo Alto, United States | ||
Cloud security and compliance solution company | 1997 | silversky.com | Guildford, United Kingdom |
Investor details for Cygilant
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Board of directors of Cygilant (India) Research And Development Private Limited (Cygilant)
Cygilant (India) Research And Development Private Limited is the primary company behind Cygilant. The board of Cygilant (India) Research And Development Private Limited currently have 3 directors; the longest-serving is Robert Harold Scott, appointed in 2019. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Robert Harold Scott DIN 08578544 | Director | 04 Oct 2019 | 7 yrs 1 mo | Cygilant (India) Research And Development Private Limited |
| Matthew Javad Safaii DIN 08579576 | Director | 11 Oct 2019 | 7 yrs 1 mo | Cygilant (India) Research And Development Private Limited |
| Leann Sherry Diago Victor DIN 11348532 | Director | 17 Jan 2026 | 9 mo | Cygilant (India) Research And Development Private Limited |
People of Cygilant
71 people are tracked at Cygilant (30 in leadership, 41 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
Jay Reddy | Co-Founder | Leadership |
Steve Mungenast | Regional VP | Leadership |
Richard Dobrow | CEO | Leadership |
Justin Jackson | Chief Technology Officer | Leadership |
Cary Conrad | Chief Development Officer | Leadership |
Jessica Huellmantel | Director Of Account Management | Leadership |
Monica Brady | Executive Assistant/ Chief Of Staff | Leadership |
Justin M. Jackson | Chief Technology Officer | Leadership |
James Lazaro | Director Of Business Development, APAC | Leadership |
Chris Rafford | Director Of Sales: East | Leadership |
Christopher Martincavage | Sales Engineering, Director | Leadership |
Andrew G. | Vice President Of Engineering, Cybraics | Leadership |
Mike Rothwell | Vp, Engineering | Leadership |
Richard Rossel | Vice President Of Development | Leadership |
Maureen Kaplan | Chief Revenue Officer (cro) | Leadership |
Glenn S. | Director Of Advisory Services | Leadership |
Tara Tate | Chief Compliance Officer | Leadership |
Richard Westmoreland | Chief Security Architect, VP Technology | Leadership |
Ben Harrison | Site Lead, Vice President, Global Security Operations At Silversky | Leadership |
51 more people are available in the full profile.
Complete people profiles for Cygilant
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Financials of Cygilant
Figures of Cygilant (India) Research And Development Private Limited, the primary company behind Cygilant, for FY 2021. Net loss was -₹5.04 Cr (0% margin). EBITDA was -₹4.99 Cr (0% margin).
- -₹5.04 CrNet loss · 0% margin
- -₹4.99 CrEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- 1Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Cygilant (India) Research And Development Private Limited are on its company page.
Detailed financial statements for Cygilant
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Cygilant
4 dated milestones of Cygilant across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Cygilant is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series C, of $1.0M.
- Exit Acquired by SilverSky.
Competitors of Cygilant
Cygilant has 3 listed competitors in our database, 3 of them funded. They include Splunk, Sumo Logic and Exabeam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| splunk.com | 2003 | San Francisco, United States | $40M | 10 | Cloud based platform offering IT operational data and security analytics software | |
| sumologic.com | 2010 | Redwood, United States | $345.6M | Cloud-based log management and security analytics solutions are delivered. | ||
| exabeam.com | 2013 | Foster, United States | $390.47M | 418 | SIEM platform for threat detection and response is provided. |
Detailed competitors of Cygilant
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Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as Cygilant (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Related news about Cygilant
Complete news archive for Cygilant
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Frequently Asked Questions about Cygilant
Cygilant was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Cygilant is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Vijay Basani is the CEO of Cygilant, as recorded in our data. They have also founded this 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 B of $10M, raised on Jan 2009.
Cygilant has 1 employees.
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.
Cygilant's top competitors include Splunk, Sumo Logic and Exabeam.
Cygilant has 3 investors. Key investors include SilverSky, Arrowroot Capital Management, and Venrock.
Cygilant operates through Cygilant (India) Research And Development Private Limited.
Yes. Cygilant was acquired by SilverSky in January 2022.
The legal entities of Cygilant currently have 3 directors, including Robert Harold Scott, Matthew Javad Safaii, Leann Sherry Diago Victor.