Cyolo (Zero Trust Remote Access) Dossier

Operating as a specialized business-to-business enterprise software provider within the cybersecurity sector, Cyolo generated $0.9 million in annual recurring revenue for the 2024 fiscal period. Subscriptions to the secure remote access and Zero Trust Network Access platform serve as the primary revenue driver for Cyolo, operating through a channel-neutral compensation plan that eliminates direct sales conflicts. Securing identity-based authentication across complex industrial environments, offline locations, and legacy applications, Cyolo reached a diverse global customer base exceeding 500 organizations.

Financial Highlights

* Annual Recurring Revenue (2024): $0.9 million

* Global Customer Base: Over 500 organizations

* ZTNA Category Mindshare (April 2026): 2.5%

* Total Organizational Headcount (2024): 82 employees

* Social Governance Employee Count: 78 employees

* Total Key Technologies Portfolio: 5 primary solutions

* Institutional Shareholders Count: 6 major venture capital investors

Cyolo positions its infrastructure-agnostic platform to serve critical infrastructure, operational technology environments, and cyber-physical systems across manufacturing, utilities, healthcare, energy,... Sign in / Sign up to learn more about Cyolo

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Start your analysis with these investor-focused questions:

• In FY2025, Cyolo reported that customer expansion accounted for 45% of its overall growth, alongside a rapidly doubling global customer base. How does Cyolo plan to sustain this high net retention rate, and what are the primary strategic drivers for upselling within its existing operational technology (OT) client base?
• Cyolo positions itself as an infrastructure-agnostic player purpose-built for Operational Technology (OT) and Cyber-Physical Systems. As larger IT security giants like Zscaler and Check Point expand into the OT space, how defensible is Cyolo's competitive moat, particularly regarding its offline functionality and legacy application capabilities?
• Given Cyolo's heavy reliance on a channel-first sales strategy and critical OEM partnerships with industrial heavyweights such as Rockwell Automation and Siemens Energy, how do these strategic alliances impact the company's customer acquisition costs and long-term profit margins?
• Industry analysts note that Cyolo is expanding its product roadmap to include AI-powered session automation and microsegmentation. How critical are these technological advancements for Cyolo to successfully transition from a niche Zero Trust Network Access (ZTNA) provider into a comprehensive OT security platform, and what are the associated execution risks?
• Cyolo operates in a high-stakes environment addressing escalating cyber threats in critical infrastructure, yet it also faces intrinsic geographical risks due to its Tel Aviv headquarters. How should investors weigh this geopolitical exposure against the robust, resilient market demand for Cyolo's zero-trust connectivity and third-party VPN control solutions?