Security News > 2020 > February > SOC-as-a-Service Company Cysiv Raises $26 Million
Enterprise SOC-as-a-Service company Cysiv this week announced that it has raised $26 million in a Series A funding round.
Cysiv has spun out of Trend Micro and is now an independent company.
Cysiv has developed a cloud-native security operations center technology platform that it offers as a managed specialized service, with consumption-based monthly billing.
Cysiv says its platform can help organizations more efficiently detect, investigate and remediate threats, and manage critical security controls.
"Cysiv's proprietary, data science-driven security operations and analytics platform is incredibly robust, and enables enterprises and MSSPs to better monitor and manage cyber risk, at scale, and without relying on a complicated patchwork of tools."