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COGNNA Raises USD 2.25 Million Seed Round Led by IMPACT46

Established in 2022, COGNNA, a participant in the Cybersecurity Accelerator Programme, employs AI and advanced data analysis to detect threats, contributing to the mitigation of evolving cyber threats.
by WAYA Staff - Nov 13, 2023
COGNNA Raises USD 2.25 Million Seed Round Led by IMPACT46
Ibrahim Alshamrani, CEO, Ibrahim Alshamrani, CEO, COGNNA, and Abdulaziz Alomran, Founding Partner and CEO, IMPACT46, and Abdulaziz Alomran, Founding Partner and CEO, IMPACT46
  • The funding was led by IMPACT46 and included contributions from Vision Ventures, Faith Capital, and a group of investors.
  • CEO Ibrahim Alshamrani emphasizes COGNNA’s commitment to addressing unique cybersecurity challenges in the Middle East and North Africa.
  • COGNNA’s solutions, tailored to regional regulations and global standards, aim to enhance detection and response capabilities against evolving cyber threats.

Cybersecurity firm COGNNA, specializing in threat detection and response, has concluded its Seed investment round, surpassing $2.25 million, according to a company statement.

The funding, spearheaded by IMPACT46 and featuring contributions from Vision Ventures, Faith Capital, and a group of investors, marks a significant step for the company.

CEO Ibrahim Alshamrani underscored the importance of this funding round, emphasizing COGNNA’s commitment to addressing the unique cybersecurity challenges of the Middle East and North Africa.

The company’s innovative solutions, tailored to regional regulations and global standards, aim to enhance detection and response capabilities to evolving cyber threats.

Abdulaziz Alomran, Founding Partner and CEO of IMPACT46, anticipates continued growth in Saudi Arabia’s cybersecurity market, aligning their investment in COGNNA with national efforts to support market expansion.

Kais Al-Essa, Founding Partner and CEO of Vision Ventures, emphasized the positive impact of local cybersecurity startups on domestic content, entrepreneurship, and investment in the Saudi market.

Established in 2022 by Ibrahim Alshamrani and Ziyad Alshehri, COGNNA is a key participant in the inaugural Cybersecurity Accelerator Programme launched by the National Cybersecurity Authority in August 2022.

The company employs artificial intelligence and advanced data analysis to detect threats in customer systems and networks, contributing to the mitigation of evolving cyber threats.

This month, Dubai-based cybersecurity startup SpiderSilk has also secured US$9 million in investment led by Wa’ed Ventures.

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