Cronus Cyber Technologies

Company Overview

Snapshot

Founded in January 2014 by Doron Sivan and Matan Azugi, Cronus Cyber Technologies operates with 1–10 employees. The company secured funding across two rounds from two investors, including Joule Ventures. A significant milestone for the company was its acquisition by Orchestra Group in May 2020.

Business overview

Cronus Cyber Technologies specializes in providing software solutions for automated penetration testing and smart vulnerability management. The company's core product, CyBot, is designed to mimic ethical human hacker operations, performing continuous penetration testing and vulnerability management across all IP-based network components. This solution focuses on identifying threats to critical assets and business processes by implementing complex hacking scenarios to expose vulnerabilities and potential attack paths in real time. Cronus serves enterprises, including financial institutions, healthcare providers, and oil and gas companies, operating within the Cyber Security sector.

Strategic signal

In May 2020, Cronus Cyber Technologies was acquired by Orchestra Group. This acquisition signals a strategic consolidation within the cybersecurity market, integrating Cronus's automated penetration testing capabilities into a larger entity. For investors, this event highlights the value placed on advanced vulnerability management solutions and the potential for exits in the cyber security space.

Company Intelligence Q&A

When was Cronus Cyber Technologies acquired?

Cronus Cyber Technologies was acquired by Orchestra Group in May 2020.

What is CyBot?

CyBot is a bot developed by Cronus Cyber Technologies that imitates ethical human-hacker operating practices to perform around-the-clock penetration testing and vulnerability management on all IP-based network components.

Which investor participated in Cronus Cyber Technologies' funding rounds?

Joule Ventures participated in funding rounds for Cronus Cyber Technologies in August 2015 and September 2016.

What recognition did Cronus Cyber Technologies receive in February 2017?

In February 2017, Cronus Cyber Technologies won the Cyber Defense Magazine Infosec Awards for Most Innovative Managed Security Service Provider (MSSP).

What was Cronus Cyber Technologies' status in January 2017?

In January 2017, Cronus Cyber Technologies was recognized on CB Insight's list of the top 12 tech startups transforming the cyber industry.