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SilverSky

MDR-focused cloud-based security and compliance

Overview

SilverSky provides cloud-based security and compliance services for regulated industries, with managed detection and response (MDR) as its core offering. Its products continuously monitor networks and email to detect threats and coordinate incident response as a managed service. The company differentiates itself through deep experience serving banks, healthcare, and other regulated sectors, plus a focused MDR approach rather than broad consumer security products. Its goal is to help regulated organizations prevent, detect, and respond to cyber threats at scale while maintaining global compliance.

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About SilverSky

Simplify's Rating
Why SilverSky is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareCybersecurity

Company Size

201-500

Company Stage

Grant

Total Funding

$137M

Headquarters

Morrisville, NC

Founded

1997

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Simplify's take

What believers are saying

  • April 2024 funding supported global expansion, and 2026 hires reinforce execution capacity.
  • March 2026 leadership additions strengthen product, security engineering, and revenue leadership.
  • The compliance-versus-security campaign resonates with banks, credit unions, and healthcare buyers now.

What critics are saying

  • Revelio Labs shows headcount fell 24.1% from 2023 to 2026, signaling weaker demand.
  • SilverSky now depends on partner-led selling; channel underperformance will crush growth in 2027.
  • Cynet and Torq define the stack; platform dependency creates existential margin and control risk.

What makes SilverSky unique

  • SilverSky targets regulated buyers with compliance, MSS, and 24x7 MXDR under one roof.
  • Its 2026 Torq partnership automates SOC workflows and speeds investigations for channel partners.
  • The 2025 Thailand MEDR launch shows repeatable go-to-market beyond its U.S. base.

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Funding

Total Funding

$137M

Above

Industry Average

Funded Over

8 Rounds

Notable Investors:
Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison Coming Soon

Company News

FinSMEs
Apr 18th, 2024
SilverSky Closes Funding

SilverSky, a Morrisville, NC-based cybersecurity provider offering managed extended detection and response (MxDR) services, raised an undisclosed amount in funding

Space Watch Africa
Feb 20th, 2024
Reaction Engines new £40m funding round becomes company’s largest equity funding to date. - Space Watch Africa

Reaction Engines is pleased to announce a further £40m ($47.7m) funding round, led by Strategic Development Fund (SDF), the investment arm of UAE’s

The Business Journals
Jan 26th, 2022
Burlington cybersecurity firm acquired by NC competitor

Cygilant, a Burlington cybersecurity firm, has been acquired by SilverSky, a competitor based in North Carolina.

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