About CynergisTek
CynergisTek is a company based in Mission Viejo (United States) founded in 2004 was acquired by Clearwater in May 2022.. CynergisTek has raised $1.85 million across 7 funding rounds from investors including Avidbank, BMO Harris Bank and ClearWater Security. CynergisTek has completed 2 acquisitions, including Backbone Consultants and Redspin. CynergisTek offers products and services including Managed Security Services, Managed Cloud Services, IRM|Pro Software, Cybersecurity Assessments, and Compliance Services. CynergisTek operates in a competitive market with competitors including Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others.
- Headquarter Mission Viejo, United States
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Auxilio Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.85 M (USD)
in 7 rounds
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Latest Funding Round
$22.25 M (USD), Debt – Conventional
Mar 13, 2018
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Investors
Avidbank
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Backbone Consultants
& 1 more
- Acquired by
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Products & Services of CynergisTek
CynergisTek offers a comprehensive portfolio of products and services, including Managed Security Services, Managed Cloud Services, IRM|Pro Software, Cybersecurity Assessments, and Compliance Services. 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.
Provides 24/7 monitoring and threat detection for healthcare.
Offers secure Microsoft Azure implementation for compliance needs.
Delivers risk analysis tools to reduce cyber risks effectively.
Conducts evaluations to identify and remediate security gaps.
Assists with HIPAA and HITRUST compliance programs.
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Funding Insights of CynergisTek
CynergisTek has successfully raised a total of $1.85M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $22.25 million completed in March 2018. 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 7
- Last Round Debt – Conventional — $22.2M
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First Round
First Round
(02 Aug 2005)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Debt – Conventional - CynergisTek | Valuation |
investors |
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| Jan, 2017 | Amount | Debt – Conventional - CynergisTek | Valuation |
investors |
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| Apr, 2015 | Amount | Post-IPO - CynergisTek | Valuation |
investors |
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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 |
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Investors in CynergisTek
CynergisTek has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Avidbank, BMO Harris Bank and ClearWater Security. 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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Wealth management services are provided by BMO Harris Bank.
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Founded Year | Domain | Location | |
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Commercial banking services are offered in the United States.
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Founded Year | Domain | Location | |
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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 CynergisTek
CynergisTek has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Backbone Consultants and Redspin. 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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IT & security risk advisory service
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2008 | ||||
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Penetration testing, security risk assessment & web application security
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2000 |
| 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 - CynergisTek
| 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 |
Cynergistek Comparisons
Competitors of CynergisTek
CynergisTek 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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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Electronic security and fire alarm systems are integrated and serviced.
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| domain | founded_year | HQ Location |
Cloud security and compliance solution company
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| domain | founded_year | HQ Location |
Cyber monitoring solutions and security research are provided for defense.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
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 Cynergistek
Frequently Asked Questions about CynergisTek
When was CynergisTek founded?
CynergisTek was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is CynergisTek located?
CynergisTek is headquartered in Mission Viejo, United States. It is registered at Mission Viejo, California, United States.
Is CynergisTek a funded company?
CynergisTek is a funded company, having raised a total of $1.85M across 7 funding rounds to date. The company's 1st funding round was a Post-IPO of $500K, raised on Aug 02, 2005.
What does CynergisTek do?
CynergisTek was founded in 2004 and is headquartered in Mission Viejo, United States. Cybersecurity and information management consulting services are delivered to the healthcare sector. Operations encompass audit and assessment solutions, professional services, vendor security management, patient privacy monitoring, penetration testing, vulnerability assessments, remediation services, cyber resilience reviews, and managed print services. Clientele includes Mayo Newhall Hospital, Trinity Health, and Virtua Health System.
Who are the top competitors of CynergisTek?
CynergisTek's top competitors include CertiK, Optiv Security and SilverSky.
What products or services does CynergisTek offer?
CynergisTek offers Managed Security Services, Managed Cloud Services, IRM|Pro Software, Cybersecurity Assessments, and Compliance Services.
How many acquisitions has CynergisTek made?
CynergisTek has made 2 acquisitions, including Backbone Consultants, and Redspin.
Who are CynergisTek's investors?
CynergisTek has 4 investors. Key investors include Avidbank, BMO Harris Bank, ClearWater Security, and Auxilio.
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