Cayosoft, a leader in Microsoft Active Directory management, monitoring, and recovery, has announced a milestone in its growth trajectory.
The company has secured a $22.5m minority investment from Centana Growth Partners. This funding round marks a significant vote of confidence in Cayosoft’s innovative approach to Active Directory (AD) management and recovery, a critical area of cybersecurity.
With the latest investment, Cayosoft aims to accelerate its market outreach and enhance its patent-pending technology. This technology enables instant recovery of Active Directory forests in a matter of seconds to minutes—a stark contrast to traditional recovery methods that are not only time-consuming but also require additional hardware and are prone to failure due to infrequent testing.
Cayosoft’s solutions are pivotal in today’s digital landscape, where over 90% of organisations rely on Active Directory for daily operations. Active Directory has become a prime target for cyberattacks, leading to a significant increase in AD outages. Cayosoft’s technology addresses this challenge head-on, offering a solution that is both instant and reliable.
The funding will be channelled towards expanding Cayosoft’s sales and marketing efforts, with a particular focus on reaching a global audience. Additionally, the company plans to continue its innovation streak by seeking new and creative ways to help customers secure, govern, and manage their Microsoft ecosystems. This expansion strategy is supported by the company’s impressive growth figures, including a 175% year-over-year growth in 2023 and a staggering 480% increase in revenue since 2017.
Cayosoft CEO Robert Bobel highlighted the urgency of modernising Active Directory management in light of increasing vulnerabilities. The investment by Centana Growth Partners, renowned for their expertise in identity-related solutions, underscores the market’s recognition of the immense value Cayosoft’s instant recovery solution brings to businesses of all sizes.
Centana Growth Partners’ Eric Byunn expressed enthusiasm for the partnership, noting the universal challenge of AD outages and the unparalleled speed and efficacy of Cayosoft’s solution. This collaboration not only aligns with Centana’s focus on identity-related investments but also leverages their deep understanding of the needs within the financial services ecosystem.
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