Overview

UltraViolet Cyber focuses on enhancing cybersecurity for organizations by integrating both defensive and offensive security operations. Their main services include Managed Detection and Response (MDR), which provides continuous monitoring and response to cyber threats, and Penetration Testing as a Service, where they simulate cyber attacks to find and fix vulnerabilities. This company stands out from competitors by combining the expertise of Red Team (offensive) and Blue Team (defensive) professionals, ensuring a comprehensive approach to security. Their goal is to help organizations improve their resilience against cyber threats through a unified platform that automates threat detection and provides a clear risk overview.

Simplify's Take

What believers are saying

• Growing demand for cloud security solutions offers expansion opportunities for UltraViolet Cyber.
• Interest in AI-driven cybersecurity tools aligns with UltraViolet Cyber's automation focus.
• Rising need for advanced penetration testing services due to RaaS models benefits UltraViolet Cyber.

What critics are saying

• Increased competition from larger firms may pressure UltraViolet Cyber's market share.
• Rapid evolution of AI-driven threats may outpace current capabilities, requiring investment.
• Integration challenges from the merger could lead to operational inefficiencies and dissatisfaction.

What makes UltraViolet Cyber unique

• UltraViolet Cyber unifies defensive and offensive security operations for comprehensive threat management.
• The company offers Managed Detection and Response and Penetration Testing as a Service.
• Security as Code platform automates threat detection, providing a unified risk picture.

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Funding

Total Funding

$4.1M

Below

Industry Average

Funded Over

1 Rounds

$4,100,000

Series A

Jun 2017

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Below Average

Industry standards

Ind Avg. $15M

$3.7M

$4.1M

$5M

$8.2M

$15M

$30M