In the age of remote work, web security for businesses may be more important than ever. Cymatic, a Raleigh-based startup, was founded in 2016 but is working to protect clients even more due to the Covid-19 shift towards remote working.
Cymatic is meeting these unprecedented times with a hard-to-beat offer: it’s making its all-in-one security platform free through September 30 to small to medium-sized businesses, educational institutions and not-for-profit organizations. The platform deploys in fewer than 20 minutes and allows secure access to network applications and the ability to fight web security threats without agents, proxies, network changes, plug-ins or cookies.
So far, says Cymatic Co-Founder Paul Storm, the reaction has been even better than they hoped.
“We’ve seen a tremendous amount of traction,” Storm said. “We’ve seen so much traction that we actually extended that offer.”
He added that large enterprises are having challenges with security as more and more people work from home.
“They’re looking for solutions, because now you have everyone that’s logging in remotely,” Storm said. “So they’re looking for something that will get them ultimate visibility around all the user- and session-based threats.”
The origin story for Cymatic involves Storm meeting Co-Founder and CEO Jason Hollander when Hollander hired Storm at the Silicon Valley-HQ’d desktop virtualization company Moka5. When the two came together to start Cymatic, they worked out of the Hunt Library at NC State.
“That’s where we ideated,” Storm said. “That’s where we birthed it. That’s where we wrote our first product.”
Since then, the Cymatic product has grown. What was originally just identifying humans by using behavioral vectors morphed into a complete platform, Storm said.
“We still do that core thing, in which we identify humans and then identify users and make sure it’s the actual right users,” Storm said. “But now we actually look at risk. How do you calculate risk? How do you identify risk?”
Cymatic can serve many industries, but has been focused mainly on companies handling healthcare records or financial or legal information, where cybersecurity pain can be more acute, Storm said. Customers can gain complete visibility into who is logging in—whether humans or bots—as well as what the vulnerabilities are from users, and take action to mitigate threats.
Billing either by user sessions or by the number of individual users, Cymatic currently has 13 customers and is quickly growing. Cymatic’s value has been recognized by prominent (if unnamed) angels, who invested $4.5 million in seed funding in August, 2019. In December, Cymatic was named a finalist in the Most Promising Startup category by the international Cloud Computing Awards program.
Storm believes Cymatic’s technology is sustainable, scalable and has plenty of room to grow, even during the trying times of Covid-19.
“We expect exponential growth,” Storm said. “I will tell you that we’re completely blessed. We have felt blessed even during all this madness, and it’s been crazy, right? I mean, it’s been bad and we sympathize with all of this. But we’ve still been continuously scaling even now.”