Cenzic Inc.

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Cenzic Inc. - overview

Established

2000

Location

Campbell, CA, US

Primary Industry

Software

About

Cenzic Inc. is a cybersecurity firm specializing in advanced web application security solutions, focusing on vulnerability identification and protection against cyber threats in online applications. Founded in 2000 in Campbell, US, Cenzic Inc. delivers security solutions aimed at safeguarding web applications.


The company has undergone strategic changes and was acquired by Trustwave Holdings, Inc. in March 2014. During its operations, Cenzic secured a total of USD 10. 00 mn through Series D funding, attracting investments from Advanced Technology Ventures, Aspenwood Ventures, JK&B Capital, and Mohr Davidow Ventures.


Cenzic specializes in providing advanced web application security solutions, focusing on identifying vulnerabilities and ensuring the protection of online applications. Their primary product offering is a comprehensive suite of security testing tools designed to empower organizations to secure their web applications against various cyber threats. These tools facilitate automated vulnerability assessments, real-time monitoring, and compliance reporting, aimed at addressing the growing need for robust security in today's digital landscape. Cenzic's solutions cater to a diverse clientele, including enterprises across multiple sectors such as finance, healthcare, and e-commerce, where safeguarding sensitive data is paramount.


The company serves clients predominantly in North America and Europe, ensuring that businesses in these regions can effectively manage their cybersecurity risks. Cenzic generates revenue primarily through a subscription-based model, allowing clients to access its suite of security solutions on an ongoing basis. This structure facilitates long-term partnerships with businesses, where clients pay for licenses to use Cenzic's flagship products, which may include advanced vulnerability management and application security testing services. Typical transactions involve enterprises purchasing annual subscriptions, which may vary based on the number of applications being tested and the level of support required.


The pricing plans are structured to provide flexibility, accommodating both small businesses and large-scale enterprises with different needs and budgets. This revenue model supports consistent cash flow, as clients are encouraged to renew their subscriptions for continuous protection against evolving threats. Cenzic Inc. is focused on expanding its product offerings and geographic presence.


The company is currently developing new security solutions aimed at enhancing its existing suite, with plans to launch these products by the end of 2015. Targeting expansion in the Asia-Pacific region, Cenzic aims to establish a strong foothold in this market by 2016. The recent funding of USD 10. 00 mn will support these initiatives, allowing for increased research and development, as well as marketing efforts to penetrate new markets.


Current Investors

Advanced Technology Ventures, Aspenwood Ventures, JK&B Capital

Primary Industry

Software

Sub Industries

Web Applications, Monitoring & Security Software

Website

www.cenzic.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Add-on

Total Amount Raised

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