Infocyte, Inc.

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Infocyte, Inc. - overview

Established

2014

Location

Austin, TX, US

Primary Industry

IT Security/Cybersecurity

About

Infocyte, Inc. specializes in cybersecurity solutions that empower organizations to detect and respond to threats, enhancing their protection against data breaches and cyberattacks. Founded in 2014 in Austin, US, Infocyte, Inc. offers cybersecurity solutions focused on threat detection and response.


The company was acquired by Datto, Inc. in January 2022, which aimed to extend its security capabilities. The current CEO and founder is Christopher Gerritz, who has a history in cybersecurity innovation. Infocyte has secured a total funding of USD 3.


050 mn across 6 distinct deals, with the latest funding round occurring in January 2022. Infocyte, Inc. provides robust digital cybersecurity solutions designed to enhance threat detection and incident response for businesses. Their core offerings include advanced threat detection tools that enable organizations to identify and respond to potential breaches efficiently.


The services cater to a diverse clientele, including small to medium-sized enterprises (SMEs) and large corporations in sectors such as finance, healthcare, and technology. By incorporating features like real-time monitoring, automated response capabilities, and comprehensive reporting, Infocyte addresses key security challenges faced by its clients. Their products are marketed primarily in North America, Europe, and Asia, serving businesses aiming to enhance their cybersecurity posture. Infocyte, Inc.


operates on a subscription-based revenue model, which allows clients to select from various pricing tiers tailored to their cybersecurity needs. These tiers encompass basic, standard, and premium plans, each providing varying levels of service and features, such as enhanced support and advanced analytics. The company's transactions occur through direct sales and B2B partnerships, ensuring effective service integration for clients. Revenue generation is primarily driven by these subscription contracts, fostering consistency in cash flow and long-term client relationships.


Infocyte, Inc. aims to expand its product offerings by developing new cybersecurity tools scheduled for release in the upcoming year. The company also plans to penetrate additional international markets, focusing on regions in Southeast Asia and Europe by mid-2024. The recent acquisition by Datto, Inc.


will facilitate these initiatives, allowing Infocyte to leverage additional resources and market reach to enhance its operational capabilities and expand its business footprint.


Current Investors

Vista Equity Partners, Datto Holding Corp., LiveOak Venture

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software, Application Integration Software, Analytics & Performance Software

Website

www.infocyte.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Infocyte, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedInfocyte, Inc.-

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