Cyren

Company Overview

Snapshot

Founded in February 1991, Cyren operates with 51–200 employees. The company has raised a total of $113.53 million across 6 funding rounds from 4 investors. In March 2023, Cyren was delisted from NASDAQ, signaling a significant operational shift.

Business overview

Cyren provides cloud-based cybersecurity solutions designed to protect businesses and organizations of all sizes. Its core technology leverages proactive Recurrent Pattern Detection to analyze billions of internet transactions daily, offering comprehensive web and email protection. The company's SaaS products eliminate the need for on-premise hardware or software, serving markets across various industries with real-time threat detection for clients including major technology companies and global brands. Cyren operates within the Cyber Security sector, focusing on cloud security, anomaly detection, and threat intelligence.

Strategic signal

In February 2023, Cyren announced it was on the verge of shutting down after laying off its entire workforce, followed by its delisting from NASDAQ in March 2023. This indicates a complete cessation of operations and a significant failure to sustain its business model, sending a strong signal of financial distress and operational collapse to investors and the market.

Company Intelligence Q&A

What was the most recent significant corporate event for Cyren?

In March 2023, Cyren was 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.

When did Cyren integrate additional web security into Microsoft's Windows Defender Advanced Threat Protection?

In January 2019, Cyren integrated additional web security into Microsoft's Windows Defender Advanced Threat Protection (ATP).

What was the outcome of the grant received from the Israel Innovation Authority?

In June 2017, Cyren was awarded a cybersecurity grant from the Israel Innovation Authority.

When did Cyren announce enhanced security through Microsoft Office 365 integration?

In April 2018, Cyren announced enhanced security through Microsoft Office 365 integration.