CyCognito uses its botnet to test customer security, a creative solution compared with more traditional forms of penetration testing, legacy attack surface management tools, and vulnerability testing.
FREMONT, CA: Cybersecurity startup CyCognito raised $30 million in new funding to accelerate its customer acquisition efforts. The Series B round was led by Accel and included Lightspeed Venture Partners, Sorenson Ventures, and UpWest. As part of the deal, Eric Wolford, partner at Accel, is joining CyCognito’s board of directors.
Founded in 2018, CyCognito specializes in uncovering and prioritizing risk from attacker-exposed systems and assets. The company’s platform is designed to identify and eliminate critical security risks in an organization’s information technology ecosystem, what it describes as the “shadow risk that attackers seek.”
The CyCognito platform leverages the concept of POLaR – the Path of Least Resistance — to help organizations identify and eliminate hidden risks. The concept works around the idea that attackers look for and target the easiest, least secured ways available to compromise organizations. The CyCognito platform detects and…