# SolCyber

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

- Industry: IT Security/Cybersecurity
- Headquarters: Dallas, US
- Website: www.solcyber.com
- Total disclosed funding: $20M
- Latest round: Series A (Jul 29, 2021)
- Investors on record: 1

## About

SolCyber, based in Dallas, US, specializes in developing cybersecurity solutions that protect businesses from diverse cyber threats through managed services and tailored security programs.Founded in Dallas, US, SolCyber provides cybersecurity solutions focusing on managed services. The company's CEO is Scott McCrady. In July 2021, SolCyber secured USD 20 mn in Series A funding, all of which has been raised to date, led by Forgepoint Capital.SolCyber offers a comprehensive suite of fully managed cybersecurity solutions designed to protect businesses from a wide array of cyber threats. Their core offerings include an all-in-one security program known as Foundational Coverage™, which provides proactive support tailored for organizations of all sizes. Additionally, the company features advanced services such as MDR++ (Managed Detection and Response) and XDR++ (Extended Detection and Response), focusing on identity-driven security and human-led threat response. These products address critical use cases including mobile protection for executives, compliance enhancement, and overall cybersecurity resilience. SolCyber serves a diverse client base encompassing startups, small to medium enterprises, and larger organizations across various industries, including media and entertainment, land management, and more, with a geographical focus that spans North America and potentially international markets.SolCyber generates revenue primarily through subscription-based models that offer their managed security services to clients. The transaction structure is designed around long-term partnerships, where businesses subscribe to different levels of service based on their specific cybersecurity needs. Clients typically engage in annual or multi-year agreements that allow them to access SolCyber’s suite of offerings, including flagship products like Foundational Coverage™, MDR++, and XDR++. Pricing plans are structured to accommodate organizations at various stages of their cybersecurity journey, from startups needing basic protection to established enterprises requiring extensive security measures and compliance tools. The company's revenue model emphasizes recurring income through these structured subscriptions, ensuring a steady flow of financial resources as they deliver ongoing cybersecurity support and solutions.In July 2021, SolCyber raised USD 20 mn in Series A funding led by Forgepoint Capital. The company plans to utilize this funding to extend its technology offerings, build market awareness, and support its hiring strategy. Specific details on upcoming products and markets targeted for expansion have not been disclosed.

## Funding rounds

- Series A, Jul 29, 2021, $20M — Forgepoint

## Investors

- Forgepoint (https://capitalatlas.ai/funds/forgepoint) — Series A