Cygnvs Raises $55M in Series A Funding

Cygnvs Raises $55M in Series A Funding
Cygnvs, a Los Altos, CA-based provider of a guided cyber crisis response platform, raised $55M in Series A funding.

The round was led by Andreessen Horowitz, with participation from Stone Point Ventures and EOS Venture Partners.

The company intends to use the funds to further enhance the platform while expanding sales operations.

Led by Arvind Parthasarathi, Founder and CEO, Cygnvs is a company providing a guided cyber crisis response platform purpose-built to empower organizations to be Connected, Confident, in Control and Compliant before, during and after a cyber crisis. With it, organizations can assemble contributing to the cyber crisis response in a safe, secure environment out of band from internal channels. The platform converts static breach response plans into interactive and actionable processes and checklists. Internal teams can be assigned roles and responsibilities, tasks are communicated in a digestible fashion and plans and workstreams can be updated as people, assets, regulations and threats change.  

The solution is now generally available across all segments and offered in English, French, Spanish, German, and Japanese.

Source: Finsmes

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