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Israeli Cybersecurity Startup CyCognito Raises $100 Million

CyCognito

CyCognito CTO Dima Potekhin (Facebook)

CyCognito, an Israeli cybersecurity startup, completed a $100 million Series C financing round led by The Westly Group. The new investment brings Cycognito’s total funding to sate to $153 million.

Founded in 2017 by national intelligence agency veterans CEO Rob Gurzeev and CTO Dima Potekhin, CyCognito declares that it can solve one of the most fundamental business problems in cybersecurity. This is seeing how attackers view your organization, where they are most likely to break in, what systems and assets are at risk and how you can eliminate the exposure.

CyCognito boasts that it has a deep understanding of how attackers exploit blind spots and a path of least resistance. The company is funded by leading Silicon Valley venture capitalists, and its mission is to help organizations protect themselves from even the most sophisticated attackers. It does this with a category-defining, transformative platform that automates offensive cybersecurity operations to provide reconnaissance capabilities superior to those of attackers.

CyCognito boasts that its platform is the first external Attack Surface Management platform that delivers a “complete solution to quickly prioritize, investigate, and respond to potential security risks.” Leveraging the latest advancements in Machine Learning (ML) and Natural Language Understanding (NLU), the platform autonomously builds a graph data model that portrays an organization’s business structure—from the company’s name to the hundreds of departments, subsidiaries, acquisitions and brands an organization owns.

The platform then scans billions of servers and devices across the Internet to contextualize and identify internet-exposed and unmanaged assets that could serve as entry points for attackers. Several Fortune 500 companies, including Colgate-Palmolive, Emerson and Tesco, as well as government groups like the State of California, are using the CyCognito platform to autonomously discover, test and contextualize security threats before they happen.

“Our number one priority is to provide global enterprises with world-class attack surface protection,” said Rob Gurzeev, CEO and co-founder of CyCognito. “That’s why we’ve developed the industry’s most dynamic, intelligent platform for comprehensive external attack surface management. Our proactive approach to discovering and prioritizing risk is unmatched in the industry and provides security teams with the insight and confidence to quickly preempt potential attacks.”

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