Cyren

OverviewSuggest Edit

Cyren (formerly known as Commtouch) is a provider of Internet security technology and cloud-based information security solutions. It offers integrated cloud-based security technology solutions that mitigate cyber threats, malware attacks, information leaks, legal liability, and productivity loss through the application of cyber intelligence. The company delivers security services to original equipment manufacturers and SaaS vendors, web hosting providers, and Internet service providers.

TypePublic
Founded1991
HQMcLean, VA, USMap
Websitecyren.com
Employee Ratings4.1More
View Jobs (14)

Recent NewsAll News

Latest Updates

Employees (est.) (Sept 2020)226(-1%)
Job Openings14
Revenue (FY, 2020)$36.4 M(-5%)
Share Price (Jun 2021)$0.7
Cybersecurity ratingBMore

Key People/Management at Cyren

Brett Jackson

Brett Jackson

Chief Executive Officer, Director
Michael Myshrall

Michael Myshrall

Chief Financial Officer
Kenneth Tarpey

Kenneth Tarpey

Chief Financial Officer
Lior Kohavi

Lior Kohavi

Chief Strategy Officer & EVP Advanced Solutions
Bruce Johnson

Bruce Johnson

Vice President of Sales, Americas
Matt Mosley

Matt Mosley

Vice President, Product Management
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Cyren Office Locations

Cyren has offices in McLean, Austin, Sunnyvale, Berlin and in 3 other locations
McLean, VA, US (HQ)
1430 Spring Hill Rd #330
Austin, TX, US
7000 N Mopac Expy #305
Sunnyvale, CA, US
1230 Midas Way #110
Berlin, DE
Heidestraße 10
Hafnarfjordur, IS
Dalshraun 3
Herzliya, IL
5th Floor, Ha-Menofim St 10
Show all (7)

Cyren Financials and Metrics

Cyren Revenue

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Cyren's revenue was reported to be $36.39 m in FY, 2020
USD

Revenue (Q1, 2021)

8.8m

Gross profit (Q1, 2021)

5.0m

Gross profit margin (Q1, 2021), %

56.7%

Net income (Q1, 2021)

(4.2m)

EBIT (Q1, 2021)

(4.1m)

Market capitalization (11-Jun-2021)

54.6m

Closing stock price (11-Jun-2021)

0.7

Cash (31-Mar-2021)

16.5m

EV

47.4m
Cyren's current market capitalization is $54.6 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

30.8m35.9m38.4m36.4m

Revenue growth, %

17%7%

Cost of goods sold

11.9m14.5m15.6m14.8m

Gross profit

18.9m21.4m22.8m21.6m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

7.6m9.2m9.6m9.7m9.7m9.5m9.6m9.2m9.1m8.8m

Cost of goods sold

3.4m3.6m3.7m4.0m3.8m3.7m3.6m3.8m3.8m3.8m

Gross profit

4.3m5.6m5.9m5.7m5.9m5.8m6.1m5.4m5.3m5.0m

Gross profit Margin, %

56%60%62%59%61%61%63%59%58%57%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

24.0m17.6m11.6m9.3m

Accounts Receivable

2.9m3.7m2.2m960.0k

Prepaid Expenses

1.3m778.0k819.0k779.0k

Current Assets

28.2m22.9m15.5m12.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

12.4m12.4m9.5m15.1m16.1m12.9m16.5m

Accounts Receivable

3.0m3.0m3.5m2.8m2.4m2.3m721.0k

Prepaid Expenses

1.5m1.5m1.3m1.1m1.2m1.3m820.0k

Current Assets

17.8m17.9m15.3m20.1m20.7m17.5m18.9m
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(15.6m)(19.4m)(18.0m)(17.3m)

Depreciation and Amortization

5.0m6.0m5.7m5.2m

Accounts Payable

36.0k264.0k(759.0k)

Cash From Operating Activities

(7.2m)(11.5m)(6.9m)(8.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(5.2m)(9.4m)(13.8m)(4.6m)(9.1m)(12.7m)(2.8m)(7.4m)(12.3m)(4.2m)

Depreciation and Amortization

1.5m3.1m4.6m1.4m2.8m4.2m1.2m2.5m3.9m563.0k

Accounts Payable

(39.0k)(69.0k)306.0k(405.0k)(823.0k)(264.0k)45.0k(114.0k)(289.0k)

Cash From Operating Activities

(4.4m)(3.3m)(5.9m)(1.3m)(547.0k)(2.3m)(4.4m)(1.9m)(5.4m)(5.3m)
show all
USDFY, 2017

Revenue/Employee

128.9k

Financial Leverage

1.4 x
Show all financial metrics

Cyren Operating Metrics

Cyren's Daily Transactions was reported to be 2 b in Mar, 2020.
Mar, 2020

Users Protected

1.3 b

Daily Transactions

2 b

Threats Blocked Daily

300 m
Show all operating metrics

Cyren Acquisitions / Subsidiaries

Company NameDateDeal Size
eleven GmbHNovember 15, 2012
FRISK Software InternationalOctober 01, 2012
AuthentiumJuly 26, 2010$8 m
WingtraNovember 01, 2002
Cyren Gesellschaft mbH
Cyren Iceland hf
Cyren Inc.
Cyren UK Ltd.

Cyren Revenue Breakdown

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Cyren revenue breakdown by geographic segment: 6.6% from Asia Pacific, 32.2% from Europe, 46.8% from United States, 13.5% from Israel and 0.8% from Other

Cyren Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

Learn more about our premium products
SecurityScorecard logo

Cyren Online and Social Media Presence

Cyren's Trends

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Cyren News and Updates

May 13, 2019

Cyren Names Mindgrape as New Distributor for the Nordics

MCLEAN, Va., May 13, 2019 /PRNewswire/ -- Cyren (NASDAQ: CYRN) today announced a strategic distribution agreement with Mindgrape, a value added distributor of IT software security and management solutions for the Nordic region. Through the agreement, Mindgrape will distribute Cyren's...
April 18, 2019

Cyren Recognized in 2019 CRN Partner Program Guide

MCLEAN, Va., April 18, 2019 /PRNewswire/ -- Cyren (NASDAQ: CYRN), a leader in cloud security, today announced its recognition in The Channel Company's 2019 CRN Partner Program Guide. The annual guide identifies the top channel partner programs in the industry today. Designed to be simple, ...
January 29, 2019

Cyren Schedules Fourth Quarter and Full Year 2018 Earnings Release for Wednesday, February 13, 2019

MCLEAN, Va., Jan. 29, 2019 /PRNewswire/ -- Cyren (NASDAQ: CYRN) today announced it will release its fourth quarter and full year 2018 results on Wednesday, February 13, 2019 before U.S. markets open. The company will also host a conference call at 10 a.m. Eastern Time (5 p.m. Israel Time) ...
January 10, 2019

Cyren Announces Voluntary Delisting from the Tel Aviv Stock Exchange

MCLEAN, Va., Jan. 10, 2019 /PRNewswire/ -- Cyren (NASDAQ: CYRN), a leader in cloud security, today announced that it is voluntarily delisting the company's ordinary shares from trading on the Tel Aviv Stock Exchange (TASE). Consequently, Cyren intends to apply to the TASE and request that ...
November 15, 2018

Cyren Announces $10 Million Note Offering

MCLEAN, Va., Nov. 15, 2018 /PRNewswire/ -- Cyren (NASDAQ: CYRN) announced today that it has entered into a subscription agreement with an existing minority investor for the purchase of $10 million aggregate principal amount of convertible notes in a private placement. The notes will be...
November 14, 2018

Cyren Announces Third Quarter 2018 Financial Results

MCLEAN, Va., Nov. 14, 2018 /PRNewswire/ -- Cyren (NASDAQ: CYRN) today announced its third quarter 2018 financial results for the period ending September 30, 2018. During the third quarter, Cyren reported quarterly revenues of $9.6 million – an increase of 26% over the third quarter of...
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Cyren Blogs

February 20, 2019

Cyren Announces CEO Transition Plan

Lior Samuelson will assist in CEO transition and continue as Chairman of the Board MCLEAN, Va. , Feb. 20, 2019 /PRNewswire/ --  Cyren (NASDAQ: CYRN) announced today that Lior Samuelson , Chairman and Chief Executive Officer, intends to step down as CEO after transitioning his responsibilities to a
February 13, 2019

Cyren Reports Fourth Quarter and Full Year 2018 Financial Results

Full year 2018 revenue grew 17% while fourth quarter revenue was up 26% year-over-year MCLEAN, Va. , Feb. 13, 2019 /PRNewswire/ --  Cyren (NASDAQ: CYRN) today announced its fourth quarter and full year 2018 financial results for the period ending December 31 , 2018.   During the fourth quarter,
January 30, 2019

Cyren Integrates Additional Web Security Into Microsoft's Windows Defender Advanced Threat Protection (ATP)

Latest partnership agreement between Cyren and Microsoft will allow enterprise customers to better secure Windows endpoints against web-based threats directly from Windows Defender ATP MCLEAN, Va. , Jan. 30, 2019 /PRNewswire/ --   Cyren  (NASDAQ: CYRN) announced today that it will partner with
October 29, 2018

Boris Bogod

Boris Bogod Mike.Myshrall@… Mon, 10/29/2018 - 15:11 Boris Bogod Vice President, Cloud Operations Boris is responsible for the infrastructure and operation of Cyren’s global security cloud. He brings to the task over 20 years of experience deploying, managing and o…
September 26, 2018

Cyren Web Security Wins Second Consecutive CyberSecurity Breakthrough Award

Cyren Web Security Wins Second Consecutive CyberSecurity Breakthrough Award Content Import Wed, 09/26/2018 - 08:05 Cyren Web Security Wins Second Consecutive CyberSecurity Breakthrough Award September 26, 2018 at 8:00 AM EDT This release is a backfill from a N…

 Cyren Frequently Asked Questions

  • When was Cyren founded?

    Cyren was founded in 1991.

  • Who are Cyren key executives?

    Cyren's key executives are Brett Jackson, Michael Myshrall and Kenneth Tarpey.

  • How many employees does Cyren have?

    Cyren has 226 employees.

  • What is Cyren revenue?

    Latest Cyren annual revenue is $36.4 m.

  • What is Cyren revenue per employee?

    Latest Cyren revenue per employee is $161 k.

  • Who are Cyren competitors?

    Competitors of Cyren include ValiMail, Menlo Security and Mimecast.

  • Where is Cyren headquarters?

    Cyren headquarters is located at 1430 Spring Hill Rd #330, McLean.

  • Where are Cyren offices?

    Cyren has offices in McLean, Austin, Sunnyvale, Berlin and in 3 other locations.

  • How many offices does Cyren have?

    Cyren has 7 offices.