Cybera
Company

Last deal

Amount

Private Equity

Stage

16.09.2015

Date

3

all rounds

$37.89M

Total amount

date founded

Financing round

General

About Company
Cybera is the top provider of networking and security services for distributed enterprises.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2001

founders

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

Cybera offers turn-key solutions that provide a simple and affordable way for enterprises to securely connect multi-location businesses while meeting regulatory and compliance requirements, including PCI and HIPAA. Their cloud-based security and networking services defend sensitive corporate data against security breaches and protect consumers from identity theft by safeguarding payment card information. Cybera's customized and scalable approach to integrating network and security services provides customers with a single point of contact, one straightforward monthly bill, and cost-effective equipment choices. The company's Secure SD-WAN lowers network complexity and costs, significantly reducing the number of network devices and connections needed at each site. Cybera serves various markets such as health-care, restaurant chains and franchise groups, specialty retail chains, financial services, convenience stores, government, associations, and non-profits.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

Acquired by

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announced date

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Financials

Funding Rounds
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3

Number of Funding Rounds

$37.89M

Money Raised

Their latest funding was raised on 16.09.2015. Their latest investor Adams Street Partners. Their latest round Private Equity

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Series C, Venture - Series Unknown
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Wright Steenrod

Wright Steenrod

Wright joined Chrysalis as an Associate in 2001 and today leads the Technology Group. Bringing his own entrepreneurial management experiences to the Chrysalis team, Wright previously worked as a senior business development executive at a rapidly growing company preparing to go public, and served as CFO of a start-up technology transfer company where he set strategic plans and raised equity and debt capital. Wright has worked with the management teams of fourteen of Chrysalis’ investments including Advanced Academics (sold to DeVry), Genscape (sold to GFI) and Appriss (sold to Bain Capital), in the Technology portfolio among others. He currently is a Director of Digitalsmiths, Continuum 700 LLC, CST, Cybera, Regent Education, Straighterline, Xlerant and Ygnition. From 1995 to 1998, Wright worked at SunTrust Bank in Atlanta as an Associate in Mergers & Acquisitions. Prior to SunTrust, he served five years in the US Marine Corps where he attained the rank of Captain. Wright has a BA in Economics from Princeton University. A Louisville native, Wright is active in the community working with organizations such as the Kentuckiana Boys and Girls Clubs. In addition, Wright serves on the board of directors of CED, a private, non-profit organization that promotes entrepreneurial efforts in the Research Triangle Park region of North Carolina.

current job

Chrysalis Ventures
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count Of Exists

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People

Founders
1
Cliff Duffey
Cliff Duffey

Cliff Duffey

Cliff Duffey has served as Cybera's President since founding the company in February, 2001. As President, he has been the architect of Cybera's growth and emergence as a leading security technology company. Prior to Cybera, Duffey served as Senior Vice President of Corporate Development at Covad, managing the acquisition and integration of BlueStar Communications. Duffey was Senior Vice President and Chief Technology Officer at BlueStar Communications, where he managed technology strategy, business development, product marketing, and the rollout of BlueStar's network of 450 U.S. data centers. He also held management positions with Ascend Communications up until its acquisition by Lucent, and Intermedia Communications. Duffey holds a B.S. in Computer Engineering from Clemson University.

current job

PDI Software
PDI Software

organization founded

1

Cliff Duffey

Employee Profiles
77

Mike Hailes

Vice president, operations and customer care

Hannah Rhoades

Marketing manager

Greg Coppedge

Project manager

Chadia Sparrer

Director of revenue marketing and marketing communications

Jeff Manning

Executive vice president worldwide sales

Jack Walton

Client development manager

Troy Crabtree

Executive vice president operations

Elissa Chambers

Site reliability engineer

Activity

Recent News
0