Tech Company Financing Transactions
Cytix Funding Round
Cytix, based in England, secured $2.1 million from Praetura Ventures.
Transaction Overview
Company Name
Announced On
9/27/2024
Transaction Type
Venture Equity
Amount
$2,110,000
Round
Undisclosed
Investors
Praetura Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to double its client base within the next 12 months and further develop its product offering for the enterprise market, with plans to target the banking sector, financial services and software businesses.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
4 Robins Walk Evesham
England, WR11 4RP
UK
England, WR11 4RP
UK
Phone
Undisclosed
Website
Email Address
Overview
Cytix is the first truly continuous security testing platform, focused on identifying change and using it to intelligently determine when to test. Whether it's a developer making a pull request, threat intelligence about a new vulnerability, or a new server being deployed, we take feeds of data from across your technology stack and use this as telemetry to determine what has changed and what actions need to be taken to assess the impact that this has had on security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Thomas Ballin
Founder
Benjamin Armstrong
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