As Need for Cloud Cybersecurity Expands, Irving Firm Keeps Growing and Looks to New Funding Round

The cloud is driving a North Texas cybersecurity company’s growth. And more could be on the horizon.

Irving-based Cysiv saw revenue more than double last year – and is hoping to double in 2022.

“We’ve been seeing some solid growth … some massive customer adoption,” CEO Partha Panda said. “We continue to invest in the business.”

Amid the demand, the Panda is looking to attract additional funding. The company, which unveiled financing of over $25 million in 2020, aims to gather a B round in the first half of this year.

Cysiv provides companies with features that help with threat detection, faster responses and compliance, among other challenges. It’s all done with security operations center-as-a-services, assisting companies with cloud-based technology.

Read the full story at Dallas Business Journal.