Cytix

Manchester, United Kingdom Founded: 2022 • Age: 4 yrs
Cyber risks and vulnerabilities are assessed via a cloud platform.
Annual revenue - Latest available
Total funding $2.4M 2 rounds
Employees 5 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Cytix

Cytix is a company based in Manchester (United Kingdom) founded in 2022 by Thomas Ballin and Ben Armstrong. Cytix has raised $2.42 million across 2 funding rounds from investors including Praetura Ventures and SFC Capital. The company has 5 employees as of December 31, 2023. Cytix offers products and services including Intelligence Engine, Testing Action Orchestration, and Micro Pentests. Cytix operates in a competitive market with competitors including Coalfire, Tripwire, XM Cyber, Cobalt and FireMon, among others.

  • Headquarter Manchester, United Kingdom
  • Employees 5 as on 31 Dec, 2023
  • Founders Thomas Ballin, Ben Armstrong
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Cytix Ltd
  • Date of Incorporation 12 Apr, 2022
  • Jurisdiction MANCHESTER, ENGLAND
Operational Areas
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.42 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.14 M (USD), Series A

    Sep 26, 2024

  • Investors
  • Employee Count
    5

    as on Dec 31, 2023

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Products & Services of Cytix

Cytix offers a comprehensive portfolio of products and services, including Intelligence Engine, Testing Action Orchestration, and Micro Pentests.

Product name locked
Category locked
Primary

Analyzes tickets to detect potential vulnerabilities in applications.

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Coordinates automated and manual tests based on development changes.

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Performs focused penetration tests for specific application vulnerabilities.

People of Cytix

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Ben Armstrong
CEO
People
Serena Bloor
Head Of Marketing

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Teams

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Funding Insights of Cytix

Cytix has successfully raised a total of $2.42M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.14 million completed in September 2024. 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.

Investors in Cytix

Cytix has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Praetura Ventures and SFC Capital.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital funding is provided by Praetura Ventures.
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Introductions between investors and early-stage companies are facilitated for funding.
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Investor details for Cytix

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  • Investor domains
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Investments & Acquisitions by Cytix

Investments
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Investment portfolio details for Cytix

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  • Transaction dates
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Financial Statements - Cytix

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Detailed financials for Cytix

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  • Profit trends
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Cytix Comparisons

Cytix Primary company
Description
Cyber risks and vulnerabilities are assessed via a cloud pla...
Location
Manchester, United Kingdom
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
5
As of 2023
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Peer comparison for Cytix

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Competitors of Cytix

Cytix 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 Coalfire, Tripwire, XM Cyber, Cobalt and FireMon, among others.

Company Name Domain Founded year HQ Location Description
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IT security governance, risk, and compliance solutions are provided.
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Cybersecurity solutions are provided for integrity and compliance management.
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Cyber risk and vulnerability assessments are provided for enterprises.
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Application security testing is delivered via a cloud-based platform.
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Vulnerability assessment and management solutions for networks are provided.
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Cyber risk management, mitigation, and insurance solutions are provided.
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Detailed competitors of Cytix

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Latest news on Cytix

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Complete news archive for Cytix

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Frequently Asked Questions about Cytix

Cytix was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Cytix is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.

Cytix is a funded company, having raised a total of $2.42M across 2 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Cytix is 5.

Cytix was founded in 2022 in Manchester, United Kingdom, as a cybersecurity firm focused on vulnerability management. A cloud-based platform is provided to integrate security testing into user workflows. Vulnerabilities are identified and addressed through collaboration with a dedicated cluster of penetration testers. Operations center on enabling proactive risk assessment for organizations in the digital security sector.

Cytix's top competitors include Coalfire, Tripwire and Cobalt.

Cytix offers Intelligence Engine, Testing Action Orchestration, and Micro Pentests.

Cytix has 2 investors. Key investors include Praetura Ventures, and SFC Capital.

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