# Cenzic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cenzic

- Industry: Software
- Headquarters: Campbell, US
- Website: www.cenzic.com
- Total disclosed funding: $33M
- Latest round: Series D (Mar 16, 2008)
- Investors on record: 6

## 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.

## Funding rounds

- Series D, Mar 16, 2008, $10M — Advanced Technology Ventures, Aspenwood Ventures, JK&B Capital, Mohr Davidow Ventures
- Series C, Jul 1, 2005, $15M — Advanced Technology Ventures, Aspenwood Ventures, JK&B Capital, Mohr Davidow Ventures, NortonLifeLock Inc.
- Series A, Aug 19, 2002, $8M — Mohr Davidow Ventures, Silicon Valley Bank, NortonLifeLock Inc.

## Investors

- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Series A, Series C, Series D
- Silicon Valley Bank — Series A
- NortonLifeLock Inc. — Series A, Series C
- Advanced Technology Ventures (https://capitalatlas.ai/funds/advanced-technology-ventures) — Series C, Series D
- Aspenwood Ventures (https://capitalatlas.ai/funds/aspenwood-ventures) — Series C, Series D
- JK&B Capital (https://capitalatlas.ai/funds/jk-b-capital) — Series C, Series D