Tech Company Financing Transactions
Cygilant Funding Round
Cygilant, based in Boston, secured $7 million from Arrowroot Capital and private investors.
Transaction Overview
Company Name
Announced On
9/20/2017
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Arrowroot Capital (Lead Investor) (Matthew Safaii)
Proceeds Purpose
Cygilant will use the new funding to accelerate development of SOCVue®, a Security Operations and Analytics Platform. In addition to adding more security engineers to the company's global security operations centers (GSOCs), the investment will provide working capital to accelerate new customer acquisition and fund customer success programs.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
60 State St.
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Overview
Acting as an extension of our customers' IT teams, Cygilant, a pioneer in hybrid security as a service, provides continuous security operations based on best-of-breed technology at a fraction of the cost of alternate solutions.
Management Team
Title
Name
Email & Social
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