March 7, 2024 at 09:34AM
Cayosoft, an Ohio-based company, has secured $22.5 million in funding led by Centana Growth Partners to expand its Active Directory management and governance products internationally. With more than 90 percent of organizations relying on Active Directory, Cayosoft aims to address the increasing concern of AD outages and security vulnerabilities with its suite of enterprise-grade products.
From the provided meeting notes, here are the key takeaways:
1. Cayosoft, an Ohio-based company, has secured $22.5 million in funding and announced plans for international expansion.
2. The investment, led by Centana Growth Partners, will support the expansion of markets for Cayosoft’s Active Directory (AD) forest recovery, management, and governance products.
3. Cayosoft emphasizes the urgency of Active Directory recovery, citing a 172% increase in forest-wide AD outages over the past two years.
4. The company positions its AD recovery tool as the solution for Microsoft shops struggling with cumbersome directory recovery scenarios.
5. Cayosoft’s suite of products offers enterprise-grade help to manage and secure Microsoft 365 environments, providing security and control across Active Directory, Azure AD, Microsoft 365, and Exchange Online in a unified platform.
6. Eric Byunn, Partner at Centana Growth Partners, highlights the substantial market opportunity for a truly instant recovery solution for Active Directory outages.
These takeaways summarize the key points discussed in the meeting notes.