Cylus
Helps rail and metro companies avoid safety incidents and service disruptions caused by cyber-attacks.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 20.7x EV/Revenue | round | |
* | $30.0m | Series B | |
| Total Funding | 000k | ||
![Follow[the]Seed](https://storage.googleapis.com/dealroom-images-production/78/NzQ6NzQ6Y29tcGFueUBzMy1ldS13ZXN0LTEuYW1hem9uYXdzLmNvbS9kZWFscm9vbS1pbWFnZXMvMjAxNy8wNS8yOS8zOGY4MmIyYWU0NWMwNDNkYTQzZTVlMzdmMmFhNGNlNg==.jpg){kind=small}
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 38 % | 52 % | 99 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Cylus is a company that specializes in cybersecurity solutions for the railway industry, protecting mainline and urban railway systems from cyber threats. The company serves rail operators by providing them with a dedicated cybersecurity platform, CylusOne, which helps to ensure the safety and availability of their services.
The market for railway cybersecurity is experiencing significant growth, with projections indicating it will surpass $10 billion within the next five years. Cylus operates within this expanding market, offering a solution tailored to the specific needs of rail technology and operational systems. The business model appears to be centered on providing this specialized cybersecurity platform to railway companies and metro systems.
Cylus has formed strategic partnerships, such as the one with Alstom, to integrate its cybersecurity technology directly into railway components, processes, and solutions. This integration strategy suggests a business-to-business (B2B) model, where Cylus sells its technology and services to large-scale rail operators and manufacturers. The company makes money by selling its CylusOne platform and related cybersecurity services to these clients, helping them to proactively monitor and manage cyber risks across their networks.
Keywords: rail cybersecurity, metro security, operational technology, threat detection, risk management, railway systems, B2B, asset visibility, vulnerability management, fleet protection