Cybeats Technologies

Cybeats Technologies Corp. is a cybersecurity company that offers software supply chain intelligence technology, focusing on Software Bill of Materials (SBOM) management. The company's flagship product, SBOM Studio, enables organizations to efficiently manage, distribute, and view their SBOMs in a single interface. This platform helps clients identify and address cybersecurity vulnerabilities, reduce protection costs, and improve compliance. SBOM Studio is designed to support software producers and consumers who use open source and third-party software components and are transitioning to more transparent software development practices.

The platform offers several key features, including automated SBOM management, accelerated vulnerability management, improved workflow for security operations, SBOM sharing and exchange capabilities, data-driven business decisions, and regulatory compliance and license infringement checks. In February 2023, Cybeats enhanced SBOM Studio with Vulnerability Exploitability Exchange (VEX) functionality, allowing users to automatically generate VEX reports to determine high-risk and exploitable software vulnerabilities. This addition helps security teams prioritize software remediation and reduce significant time and costs.

Key customers and partnerships

Cybeats has secured several notable clients across various industries. In December 2022, the company signed its largest commercial agreement to date with a global leader in energy management and digital automation, generating approximately 30 billion euros in revenue from over 100 countries. In May 2023, Cybeats announced a license agreement with StarFish Medical, Canada's largest contract medical device design, development, and contract manufacturer.

The company has also made significant inroads in the medical device manufacturing (MDM) sector, securing three of the global top 10 MDMs as clients. In the industrial control systems (ICS) sector, Cybeats has partnered with four of the global top 10 companies. Additionally, in April 2024, Cybeats signed a SaaS agreement with one of the largest European telecom providers, which has a USD 30 billion market cap and over 280 million customers. This marked the company's entry into the telecom industry, a sector facing increasing cybersecurity regulations and mandates for SBOM use in the EU.