# Cycares

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

- Industry: Healthcare
- Headquarters: Beijing, China
- Website: www.cycares.com
- Total disclosed funding: $7.6M
- Latest round: Series A (Aug 9, 2016)
- Investors on record: 2

## About

Cycares offers advanced website firewall solutions focused on enhancing online security and mitigating cyber threats. Their services include real-time threat detection and customizable security protocols tailored for diverse industries.Cycares specializes in advanced website firewall solutions to protect online assets. Founded in Beijing, China, the company has not undergone any major strategic pivots. It raised CNY 30 million in a Series A funding round led by Horus Capital on August 9, 2016. The details of the founder and CEO are currently unavailable.The company specializes in providing advanced website firewall solutions designed to enhance online security and mitigate risks associated with cyber threats. Their core offerings include real-time threat detection, IP address blocking, and customizable security protocols that safeguard websites from unauthorized access and malicious attacks. These services serve a diverse clientele, ranging from small businesses to large enterprises, ensuring their digital assets remain secure in an increasingly complex online landscape. The products are utilized primarily in North America, Europe, and Asia, catering to industries such as e-commerce, finance, and healthcare. Over time, these solutions have evolved to incorporate machine learning algorithms, allowing for proactive threat detection and response which enhances user trust and operational continuity for their clients.The company generates revenue through a structured subscription model, offering tiered pricing plans that cater to various customer needs. Clients typically engage in annual contracts for the firewall services, with pricing determined by the level of protection required and the scale of the website being secured. A mid-tier plan may encompass comprehensive coverage for small to medium-sized businesses, while enterprise solutions are tailored for larger organizations with more complex security requirements. Additionally, partnerships with digital agencies and technology providers facilitate the distribution of their services, allowing for a direct-to-consumer approach as well as enterprise-level engagements. The company's flagship product, recognized for its robust security features, serves as a cornerstone of its revenue strategy, appealing to a broad spectrum of industries that prioritize cybersecurity.Cycares plans to leverage its recent funding of CNY 30 million secured in August 2016 to enhance its product offerings and expand into new international markets. The company is currently designing new firewall solutions aimed at launching by the end of 2024. Specific targeted regions for market expansion include Southeast Asia and Europe, where they aim to establish a stronger presence by 2025. The funding will support these initiatives and the development of innovative cybersecurity products.

## Funding rounds

- Series A, Aug 9, 2016, $4.5M — Horus Capital
- Series A, Apr 2, 2016, $3.1M — Hike Capital

## Investors

- Hike Capital (https://capitalatlas.ai/funds/hike-capital) — Series A
- Horus Capital (https://capitalatlas.ai/funds/horus-capital) — Series A