Company Overview
Snapshot
Founded in February 1991, Cyren operated with 51–200 employees and raised a total of $113.53 million across 6 funding rounds from 4 investors. In March 2023, the company delisted from NASDAQ.
Business overview
Cyren provides cloud-based cybersecurity solutions designed to protect businesses and organizations of all sizes. The company's SaaS products offer comprehensive web and email protection, leveraging its Recurrent Pattern Detection technology to analyze billions of internet transactions daily. This technology provides real-time threat detection against malicious files, viruses, URLs, and IP addresses, supporting complex security policies and offering consolidated visibility and control. Cyren serves a diverse client base, including major technology companies like Google, Microsoft, and Check Point, as well as enterprises such as McDonalds, SAP, Benetton, and Volkswagen, operating within the Cyber Security sector.
Strategic signal
In February 2023, Cyren announced it was on the verge of shutting down after laying off its entire workforce, subsequently entering insolvency. This event signals a critical failure in the company's operational and financial viability, indicating a complete cessation of business activities and a significant negative impact on its market position and investor outlook.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent significant corporate event for Cyren?
- In March 2023, Cyren delisted from NASDAQ, following an announcement in February 2023 that the company was on the verge of shutting down after laying off its entire workforce and entering insolvency.
- When did Cyren receive a strategic investment from Warburg Pincus?
- In November 2017, Cyren announced a strategic investment from Warburg Pincus.
- When did Cyren integrate web security into Microsoft's Windows Defender ATP?
- In January 2019, Cyren integrated additional web security into Microsoft's Windows Defender Advanced Threat Protection (ATP).
- When was Cyren awarded a cybersecurity grant by the Israeli Government?
- In June 2017, the Israeli Government awarded Cyren with an undisclosed cybersecurity grant.
- When did Cyren announce enhanced security through Microsoft Office 365 integration?
- In April 2018, Cyren announced enhanced security through Microsoft Office 365 integration.