Symmetry Systems
VerifiedUSD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 189 % | 77 % | 4 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Date | Investors | Amount | Round |
---|---|---|---|
- | 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 Funding | 000k |
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Recent News about Symmetry Systems
EditSymmetry 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.