• Cipher, a Saudi-based cybersecurity firm, raised USD 13.3 million in pre-IPO funding, led by Saudi venture capital firm Impact 46, to support its growth and technological advancements.
• The company provides a wide range of cybersecurity services, including risk assessments, penetration testing, threat detection, and incident response, aimed at strengthening organizational resilience.
• The investment will help Cipher accelerate its development, expand globally, and enhance its services, positioning the company as a key player in the cybersecurity sector.

Cipher, a Saudi-based cybersecurity company, has raised USD 13.3 million in its pre-IPO funding round, led by Saudi venture capital firm Impact 46.

The investment will fuel Cipher‘s expansion and technological advancements, enhancing its cybersecurity services and supporting its growth on both local and global fronts.

Comprehensive Cybersecurity Services

Furthermore, Cipher specializes in a range of cybersecurity solutions, including risk assessments, penetration testing, security awareness training. In addition it is working on threat detection, incident response, and business continuity services, aimed at strengthening organizational defenses.

Impact 46’s Role in Supporting Emerging Tech

Founded in 2018, Impact 46 focuses on managing alternative investments in Saudi Arabia and the Middle East. The entity is supporting emerging tech companies from Seed to pre-Series A, and offering follow-up investments as they grow.

The funding will also enable Cipher to further develop its technology and expand its services, positioning the company for growth within the Saudi market and beyond.