
Zyston
Zyston, a new company providing strategic information security advisory services.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | N/A | Growth Equity VC | |
Total Funding | 000k |
USD | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | (9 %) | 17 % | - |
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
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Zyston, LLC operates as a managed security service provider (MSSP) delivering end-to-end cybersecurity solutions. The firm was established in May 2016 in Dallas, Texas, by a group of security and IT veterans, including Craig Stamm, who currently serves as President and CEO. Stamm, with a background that includes serving as president of brand protection firm Authentix and CFO of CareerBuilder, identified a significant market opportunity in the rapidly growing cybersecurity sector. He assembled a founding team with experience from prominent roles at companies like Fujitsu and PwC to address the complex security challenges faced by mid-market companies.
The company's business model is centered on providing a comprehensive portfolio of services that help clients build, operate, and mature their information security programs. Zyston targets companies with annual revenues typically ranging from $100 million to $2 billion, offering them services that might otherwise be out of reach. Revenue is generated through a combination of managed services, consulting and advisory services, and talent acquisition support. This multi-faceted approach addresses the three core pillars of cybersecurity: people, processes, and technology. A key differentiator is the assignment of a dedicated Cybersecurity Program Manager (CPM) to each client, who acts as a liaison between the client's IT team and Zyston's Security Operations Center (SOC), ensuring clear communication and effective remediation.
At the core of its service offering is CyberCAST, a proprietary, AI-driven software platform for cybersecurity program management. This solution provides clients with a quantifiable security score, risk assessments, and a strategic roadmap for improving their security posture over time. The platform translates complex security metrics into business-level reporting, making the information accessible to executive decision-makers. Services include 24/7 managed detection and response (MDR) from its Dallas-based SOC, vulnerability management, and managed SIEM. A significant milestone was the July 2023 strategic growth investment from Sverica Capital Management, aimed at accelerating growth. This was followed by the strategic acquisition of Blue Lava in October 2023, a move intended to enhance Zyston's CyberCAST platform and its security performance management capabilities.
Keywords: managed security service provider, MSSP, cybersecurity program management, CyberCAST, managed detection and response, MDR, security operations center, SOC, vulnerability management, CISO advisory, cybersecurity consulting, risk assessment, information security, threat management, AI-driven cybersecurity, network security, Blue Lava acquisition, security program maturity, incident response, cybersecurity talent