Cybeats Technologies

What Cybeats Technologies does

Cybeats Technologies Corp. is a Toronto-based, publicly listed (CSE: CYBT, OTCQB: CYBCF) software supply chain security company founded in 2016. It operates a Software Bill of Materials (SBOM) management platform comprising three core products: SBOM Studio, which provides enterprise management of third-party and open-source software components across the security lifecycle; SBOM Consumer, launched commercially in April 2025 to extend capability to organizations receiving software from suppliers for third-party risk management; and Cybeats Marketplace, which aggregates SBOM generation tools across SPDX and CycloneDX formats. The platform incorporates AI-driven SBOM enrichment, real-time vulnerability monitoring, and — through a February 2026 OEM partnership with Keysight Technologies — patent-pending binary analysis for extracting SBOMs from compiled binaries and firmware without source access.

The company sells through annual enterprise subscriptions with multi-year contract structures, supplemented by professional services for implementation. Its go-to-market combines direct enterprise field sales targeting Fortune 500 and NYSE-listed companies, an OEM distribution channel via Keysight (which sells Cybeats as Keysight SBOM Manager), and emerging channel and integration partnerships with Nozomi Networks and Industrial Defender for OT asset management. Customer concentration is anchored in industrial automation (Schneider Electric, Rockwell Automation, Emerson Electric), with growing exposure in medical devices (Midmark, Eko Health, Starfish Medical), telecommunications (Orange), electronics manufacturing (Novanta), electrical infrastructure (Hubbell), government, and the newly entered automotive vertical.

Cybeats is a subsidiary operating company of Scryb Inc., which holds a 36.5% stake. The company reported FY2025 revenue of $2.89 million (49% YoY growth) and Q1 2026 revenue of $763,679 (12% YoY growth), with management targeting approximately $5 million in Annual Recurring Revenue by the end of Q2 2026. Cumulative funding exceeds $20 million across multiple private placements from 2017 through 2025. Leadership includes CEO Justin Leger, CTO and co-founder Dmitry Raidman, and Advisory Board Chair Cassie Crossley, the former VP of Supply Chain Security at Schneider Electric.

Name

Cybeats Technologies

Legal name

Cybeats Technologies Inc.

Website

https://cybeats.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Cybeats Technologies provides an enterprise SBOM management and software supply chain security platform serving Fortune 500 companies in industrial automation, medical devices, automotive, and government through subscription licenses for SBOM Studio and SBOM Consumer.

Ownership category

akta.pro rank

Product category

Software Supply Chain Security / SBOM Management

NAICS

Software Publishers (51321)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Software Supply Chain & Dependency Security (SBOM, Signing) (HDADACAD)

akta.pro secondary industry

Continuous Controls Monitoring (CCM) (HDADAHAE)

Keywords

• SBOM management
• Software supply chain security
• Vulnerability lifecycle management
• Third-party risk management
• Regulatory compliance software

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Subscription Licenses (SBOM Studio & SBOM Consumer): Annual subscription model for SBOM management platforms with multi-year contract extensions. Revenue derived from enterprise licenses with recurring subscription fees.
2. Professional Services & Implementation: Implementation and support services for enterprise deployments, including onboarding new enterprise clients and configuring SBOM workflows across procurement, security, and engineering teams.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels10 records

Core offering

Cybeats Technologies provides a software supply chain security platform built around Software Bill of Materials (SBOM) management. The platform comprises SBOM Studio for managing software security lifecycles in products, SBOM Consumer for monitoring vendor-supplied software, and the Cybeats Marketplace for aggregated SBOM generation. It enables enterprises to identify, enrich, govern, and continuously monitor third-party and open-source software components, supporting vulnerability management, regulatory compliance, and secure SBOM sharing.

Product overview

Cybeats Technologies offers a unified software supply chain security platform comprising three core products: SBOM Studio (enterprise management layer for software security lifecycle), SBOM Consumer (solution for organizations receiving software from suppliers), and Cybeats Marketplace (aggregated SBOM generation tools). The platform provides end-to-end software transparency, enabling organizations to manage risk, meet compliance requirements, and secure software from procurement through development and operations. The platform supports SBOM generation in standard formats (SPDX and CycloneDX), vulnerability lifecycle management, regulatory compliance, and secure SBOM sharing across stakeholders.

Differentiator

Problem solved

Functional benefit

Brands

• SBOM Studio: Enterprise management solution for software security lifecycle, enabling organizations to identify, enrich, govern, and continuously monitor third-party and open-source components embedded within their products
• SBOM Consumer
• Cybeats Marketplace

Products and services

• SBOM Studio Enterprise management solution for software security lifecycle that enables organizations to identify, enrich, govern, and continuously monitor third-party and open-source components embedded within products. Provides structured visibility into component origin, composition, and evolving risk, supporting proactive vulnerability management, regulatory alignment, and long-term security posture maintenance. Targeted at software-producing enterprises in industrial automation, medical devices, automotive, and other regulated sectors.
• SBOM Consumer Platform for organizations that receive software from suppliers, allowing security, procurement, and risk teams to ingest, analyze, validate, and continuously monitor incoming SBOMs at scale. Ensures transparency across the supplier ecosystem, strengthens third-party risk management, and enables faster evidence-based security decisions. Integrates with enterprise asset management systems such as Nozomi Networks and Industrial Defender.
• Cybeats Marketplace Provides a single pane of glass into the software supply chain, offering quick and simple SBOM generation by selecting from top-tier SBOM generation tools. Enables fast-track compliance with SBOMs that meet industry standards (SPDX and CycloneDX), leveraging collective power of leading Binary Composition Analysis vendors.

Quantifiable outcome

• Reduced vulnerability review timeframe from a day to under an hour
• +4 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature6 records

Partnerships

One partnership is on record.

• Keysight TechnologiescoreOEM/ Whitelabel/ Licensing Partner · 24 February 2026Strategic OEM partnership where Keysight OEM and sells Cybeats' SBOM Studio and SBOM Consumer platforms as the Keysight SBOM Manager solution. Keysight is already deploying SBOM Studio in customer environments with early commercial activity demonstrating demand. The partnership also enables Cybeats to resell Keysight's binary analysis tools, combining software bill of materials management with binary analysis capabilities. Targets organizations in aerospace, defense, automotive, telecommunications, and critical infrastructure sectors.

Scale indicators9 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cybeatstech
• GitHubgithub.com/cybeats
• YouTubeyoutube.com/c/cybeats
• LinkedInlinkedin.com/company/cybeats

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds13 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cybeats Technologies