Symmetry Systems

Symmetry Systems

Verified
Applying machine learning with precision and speed to help customers better understand and protect their large fleets of data stores, identities and applications in a hybrid cloud environment. Learn more

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-189 %77 %4 %
EBITDA0000000000000000
Profit0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor

$0.0

round
N/A

$0.0

round
N/A

$0.0

round
N/A

$0.0

round
N/A

$0.0

round
investor investor

$0.0

round
*

$17.7m

Early VC
Total Funding000k

Recent News about Symmetry Systems

Edit
More about Symmetry Systemsinfo icon
Edit

Symmetry Systems is a cutting-edge company specializing in data security posture management. Their primary focus is on providing organizations with comprehensive visibility and control over their data assets, particularly in hybrid cloud environments. This means they help businesses monitor, classify, and protect their data, whether it's stored on local servers or in the cloud.

The company serves a diverse range of clients, including those in financial services, healthcare, energy, federal government, manufacturing, technology, education, retail, and eCommerce. Essentially, any organization that handles large volumes of sensitive data can benefit from Symmetry Systems' solutions.

Symmetry Systems operates in the data security market, a rapidly growing sector driven by increasing concerns over data breaches and regulatory compliance. Their business model revolves around offering a platform that uses advanced artificial intelligence (AI) to discover, classify, and monitor data in real-time. This platform helps organizations detect unusual data operations and respond promptly to potential security threats.

The company generates revenue through a subscription-based model, where clients pay for ongoing access to their data security platform. This model ensures a steady stream of income and allows Symmetry Systems to continuously update and improve their services.

Symmetry Systems has garnered significant attention and investment, including a $15 million Series A funding round led by Prefix Capital and ForgePoint Capital, with participation from Accenture Ventures and other industry leaders. They have also been recognized as a "Cool Vendor" by Gartner in their April 2022 Cool Vendors for Data Security report, highlighting their innovative approach and industry impact.

In summary, Symmetry Systems is a leading provider of data security solutions, helping organizations across various industries safeguard their data with advanced AI technology.

Keywords: Data Security, AI, Hybrid Cloud, Compliance, Real-Time Monitoring, Data Classification, Financial Services, Healthcare, Retail, Investment.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.