About Fyde
Fyde is a company based in Palo Alto (United States) founded in 2017 by Sinan Eren, Pablo German Sole, Luisa Lima, and Jose Luis Pereira was acquired by Barracuda in November 2020.. Fyde has raised $5.25 million across 2 funding rounds from investors including Barracuda, Wells Fargo and DNX Ventures. The company has 3 employees as of December 31, 2022. Fyde offers products and services including Zero Trust Access and Secure Contractor Access. Fyde operates in a competitive market with competitors including Twingate, Teleport, Cyolo, Kona and Pulse Secure, among others.
- Headquarter Palo Alto, United States
- Employees 3 as on 31 Dec, 2022
- Founders Sinan Eren, Pablo German Sole, Luisa Lima, Jose Luis Pereira
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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 Fyde, Inc.
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Products & Services of Fyde
Fyde offers a comprehensive portfolio of products and services, including Zero Trust Access and Secure Contractor Access. 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.
Platform for secure access to apps with granular controls and monitoring.
Solution for third-party access to corporate resources without VPNs.
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Funding Insights of Fyde
Fyde has successfully raised a total of $5.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.25 million completed in July 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 2
- Last Round Seed — $2.2M
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First Round
First Round
(03 Apr 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2019 | Amount | Seed - Fyde | Valuation | DNX Ventures | |
| Apr, 2018 | Amount | Seed - Fyde | Valuation | DNX Ventures , Vertex Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Fyde
Fyde has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Barracuda, Wells Fargo and DNX Ventures. 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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Investments in B2B sectors are made by DNX Ventures.
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Founded Year | Domain | Location | |
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Investment in cybersecurity, retail technologies, and emerging sectors through venture capital.
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Founded Year | Domain | Location | |
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Stage-agnostic investments in tech and life sciences sectors are pursued.
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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 Fyde
| 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 - Fyde
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Fyde Comparisons
Competitors of Fyde
Fyde 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 Twingate, Teleport, Cyolo, Kona and Pulse Secure, 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 |
Cloud-based zero trust remote access solutions are provided for networks.
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| domain | founded_year | HQ Location |
Cloud-based open-source software is provided for access to computing resources.
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Connectivity management solutions for IoT applications are provided.
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Employee engagement tools are provided for morale tracking and insights.
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| domain | founded_year | HQ Location |
Access and mobile security solutions are provided by Pulse Secure.
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| domain | founded_year | HQ Location |
Identity governance and access management solutions are provided.
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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 Fyde
Frequently Asked Questions about Fyde
When was Fyde founded?
Fyde was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Fyde located?
Fyde is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Fyde?
Sinan Eren is the current CEO of Fyde. They have also founded this company.
Is Fyde a funded company?
Fyde is a funded company, having raised a total of $5.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Apr 03, 2018.
How many employees does Fyde have?
As of Dec 31, 2022, the latest employee count at Fyde is 3.
What does Fyde do?
Fyde was established in 2017 in Palo Alto, United States, within the cybersecurity sector. Solutions for identity protection are offered through an application-driven approach, focusing on the prevention of phishing, identity theft, and account takeover incidents. Secure access to applications and infrastructure is facilitated by the companys products, supporting organizations in managing digital risks across various operations.
What products or services does Fyde offer?
Fyde offers Zero Trust Access and Secure Contractor Access.
Who are Fyde's investors?
Fyde has 6 investors. Key investors include Barracuda, Wells Fargo, DNX Ventures, Bright Pixel Capital, and Portugal Ventures.