CIO Influence
CIO Influence News Security

Cayosoft Secures $22.5 Million to Make Instant Active Directory Recovery an Industry Standard

Cayosoft Secures $22.5 Million to Make Instant Active Directory Recovery an Industry Standard

Active Directory management provider seeks to disrupt market with groundbreaking AD forest recovery technology with investment from Centana Growth Partners

Cayosoft  the leader in Microsoft Active Directory management, monitoring, and recovery, announced that it has received a $22.5 million minority investment from Centana Growth Partners to accelerate go-to-market motions. The funds will enable the company to bring its patent-pending, instant Active Directory (AD) forest recovery, management and governance solutions to a wider audience, including international expansion.

Latest Articles : Celebrating Women’s Day with Female Leaders in IT

over 90% of organizations rely on Active Directory to run their daily operations. AD is an attractive target for cyber attackers, due to the access it provides and the fact that attackers can reuse the same methods time and again. As organizations experience unprecedented numbers of AD outages, due to escalating cyberattacks, AD recovery has become an urgent concern. Forest-wide AD outages have increased 172% in the past two years [source: Cayosoft]. In response, Cayosoft has developed patent-pending technology, enabling businesses to instantly recover their Active Directory forests in seconds to minutes. In contrast, traditional AD forest recovery solutions take hours, if not days, and require clean and/or new hardware. Furthermore, traditional solutions are not tested frequently enough and are therefore more failure-prone when AD-enabled systems go down.

As the only solution on the market able to deliver instantaneous AD recovery, Cayosoft has seen continued momentum, with 175% year-over-year growth in 2023 and 480% revenue growth since 2017. The company’s focus on best-in-class customer service, including an average customer support response time of 1.2 hours, has inspired a loyal customer base – Cayosoft has had a 99% customer retention rate over the past five years, with a customer satisfaction rate of 4.5 out of 5. To support its expanding operations, Cayosoft has grown its team 310% over the past five years, with plans for aggressive hiring in 2024.

“With investment to fuel growth, we can turn attention to modernizing Active Directory management, monitoring, and recovery. Organizations today are more vulnerable than ever before, and with 90% of organizations using AD, it’s time for an upgrade,” said Robert Bobel, CEO, Cayosoft. “We are investing in sales and marketing to expand our reach, as well as development to continue to seek new and creative ways to help customers secure, govern, and manage their Microsoft ecosystems.”

Latest Articles : Top 10 CIO Influence Interviews with Influential Women in Tech

“Active Directory outages are a universal issue with immense financial and operational implications for businesses of every size, and the market opportunity for a truly instant recovery solution is undeniable,” said Eric Byunn, Partner at Centana Growth Partners. “Cayosoft has developed a game-changing approach to AD management that provides an instant recovery solution for customers and aligns with our deep experience investing in identity-related solutions. Our core focus within the financial services ecosystem provides a unique vantage point into the needs of highly regulated entities and large enterprises, and it’s clear that the Cayosoft platform brings an entirely new level of speed and efficacy to AD administration and recovery.”

Latest Articles : Empowering the Future: Women in STEM and the Tech Revolution

[To share your insights with us as part of editorial or sponsored content, please write to sghosh@martechseries.com]

Related posts

Resecurity Launches Identity Protection in Bahrain Following Arab International Cybersecurity

PR Newswire

Printess: Next Level Browser Editor with a Cost-per-Order Model

CIO Influence News Desk

Egnyte Announces Generative AI Solutions for Secure Content Collaboration

Business Wire