zenity
The first and only security governance platform for low-code/no-code applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $38.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 9 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Zenity is a startup that operates in the cybersecurity sector, specifically focusing on the security and governance of low code, no code (LCNC) development and generative AI applications. The company addresses a critical need in the market: ensuring that the rapid development of business applications by non-technical users, known as citizen developers, does not compromise security and compliance standards.
Zenity's primary clients are Chief Information Officers (CIOs), Chief Information Security Officers (CISOs), IT administrators, and information security professionals. These clients are typically from organizations that leverage LCNC platforms to boost productivity and efficiency. The market Zenity operates in is growing rapidly as more businesses adopt LCNC solutions to accelerate their digital transformation.
The business model of Zenity revolves around providing a platform that integrates seamlessly with existing LCNC tools. This platform offers monitoring and governance capabilities to ensure that both internal and external security policies are adhered to. Zenity makes money through subscription-based pricing, where clients pay for access to the platform and its features on a recurring basis.
Zenity's platform helps mitigate the risks associated with LCNC development by offering features such as real-time monitoring, risk assessment, and automated compliance checks. This allows organizations to empower their citizen developers while maintaining a robust security posture. The company’s innovative approach ensures that the increased attack surface, resulting from the proliferation of LCNC applications, is effectively managed.
In summary, Zenity provides a crucial service in the cybersecurity landscape by enabling secure and compliant LCNC development. Their platform is essential for organizations looking to harness the benefits of LCNC and generative AI without exposing themselves to undue risk.
Keywords: cybersecurity, low code, no code, generative AI, governance, risk mitigation, citizen developers, compliance, monitoring, platform.