What Ciptor does

Ciptor is a Swedish-headquartered cybersecurity firm, founded in 2010 and operating across at least seven countries, that sells hardware-backed passwordless authentication and identity assurance to enterprise and critical-infrastructure buyers. Its product surface is organized around the Cyber Security in One Framework (CSOF), a three-pillar architecture: Ciptor Harden delivers AI-accelerated, immutable infrastructure via NVIDIA GPUs and IBM Safeguarded Copy; Ciptor Shield replaces password-based authentication with FIDO2 passkeys bound to EAL5+/EAL6+ certified hardware from NEOWAVE and FEITIAN; and Ciptor Monitor combines WebIQ dark web intelligence with an automated kill-switch that revokes credentials in milliseconds. The platform is orchestrated through HYPR Hub (silent cryptographic handshake, risk-based step-up via HYPR Adapt, AI liveness via HYPR Affirm) and integrated with IBM Security Verify, Microsoft Entra ID, CrowdStrike, SentinelOne, Zscaler, and IBM QRadar SIEM. Named reference customers include Bank of America, Novartis, SSAB, La Roche-Posay, and the Finnish Defence Forces.

Ciptor monetizes through a mix of one-time hardware sales (Feitian and NEOWAVE FIDO2 keys, OTP tokens, and smart card readers priced €10-€124 per unit, available via e-commerce), recurring software subscriptions to Shield/Harden/Monitor (quote-based, annual), and professional services for identity exposure mapping, regulatory gap assessment, and migration planning. The go-to-market is enterprise field sales targeting 500+ employee organizations in finance, defense, healthcare, and government, supported by an SME motion (1-499 employees) leveraging IBM Security Verify CIAM and direct webshop purchasing. Distribution is augmented through the IBM, HYPR, and Microsoft Intelligent Security Association partner ecosystems, which extends reach beyond Ciptor's direct sales capacity. Compliance positioning centers on NIS2, DORA, GDPR, FIPS 140-3, and ANSSI Security Visa, with an explicit sovereign-Western, zero third-country data residency architecture that is a procurement gate for European critical-infrastructure buyers.

The company is private, headquartered in Billdal, Sweden, with 251-500 employees and offices in Helsinki, Fort McMurray, Weston (FL), Dhaka, Bangkok, Ankara, and additional European locations. No venture funding rounds, acquisitions, or public revenue disclosures appear in available sources, consistent with a privately held, cash-flow-financed operator that has scaled organically over 16 years and is now leveraging the 2024 IBM partnership to accelerate enterprise pipeline development.

Name

Ciptor

Legal name

Ciptor

Website

https://ciptor.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

Ciptor is a Swedish-headquartered cybersecurity firm selling hardware-backed FIDO2 passwordless authentication, immutable infrastructure, and dark web intelligence under its CSOF framework to enterprise and critical-infrastructure buyers across finance, defense, healthcare, and government sectors in at least seven countries.

Ownership category

akta.pro rank

Product category

Identity & Access Management (Passwordless Authentication)

NAICS

Computer Systems Design and Related Services (54151), Security Systems Services (56162)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Credential Stuffing & Password Attack Protection (HDADALAC)

akta.pro secondary industries

Security & Trusted Hardware ICs (Secure Element/TPM/Crypto) (HDAHABAF), Critical Infrastructure Protection (CIP) & NERC-CIP Compliance (HDADAJAC), Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)

Keywords

• Passwordless authentication
• FIDO2 security keys
• Identity assurance
• Cybersecurity framework
• Hardware security tokens

Headquarters

HQ city

Billdal

HQ country

Sweden

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Supply Chain, Marketing or Sales, Operations

Revenue model

1. Hardware Security Key Sales: One-time perpetual license sales of FIDO2 security keys, OTP tokens, and smart card readers through e-commerce platform. Products include Feitian, NEOWAVE, and related hardware. Unit pricing from €10 to €124 per device.
2. Software Platform Subscriptions: Subscription-based access to Ciptor Shield, Monitor, and platform capabilities. Includes HYPR Hub orchestration, monitoring services, and software updates. Billing likely annual for enterprise deployments.
3. Professional Services: Advisory and implementation services including identity exposure mapping, regulatory gap assessment, migration planning, and deployment support. Book-a-briefing consultation format.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Ciptor delivers the Cyber Security in One Framework (CSOF), a unified platform built around three integrated pillars: Ciptor Harden (immutable AI-accelerated infrastructure), Ciptor Shield (FIDO2 phishing-resistant identity assurance), and Ciptor Monitor (dark web intelligence and automated threat response). The company also resells and integrates Feitian and NEOWAVE hardware security keys, OATH OTP tokens, smart card readers, and cryptocurrency wallets, orchestrated through HYPR Hub for passwordless authentication. Offerings target enterprises in critical infrastructure, finance, defense, and government sectors requiring NIS2 and DORA compliance.

Product overview

Ciptor is a strategic cybersecurity advisory and technical integrator offering the Cyber Security in One Framework (CSOF), a unified platform built around three integrated pillars: Ciptor Harden (immutable AI-accelerated infrastructure), Ciptor Shield (FIDO2-powered phishing-resistant identity assurance), and Ciptor Monitor (dark web intelligence and automated threat response). The platform integrates HYPR Hub for passwordless orchestration, HYPR Authenticate/Adapt/Affirm for authentication and risk management, IBM Security Verify for CIAM, and supports a comprehensive portfolio of Feitian and NEOWAVE hardware security keys (FIDO2, biometric, OATH OTP tokens) alongside smart card readers and cryptocurrency wallets. The offering is architected for NIS2 and DORA compliance with sovereign Western technology and zero third-country data residency risk.

Differentiator

Problem solved

Functional benefit

Brands

• Ciptor Harden: Immutable infrastructure platform using NVIDIA-accelerated compute and IBM-backed storage for AI-era workloads.
• Ciptor Shield
• Ciptor Monitor
• CSOF (Cyber Security in One Framework)

Products and services

• Ciptor CSOF (Cyber Security in One Framework) Unified cybersecurity orchestration platform that integrates hardware-rooted identity assurance, AI-accelerated compute, immutable storage, and dark web intelligence into a single cohesive framework for enterprise customers in critical infrastructure, finance, defense, and government sectors.
• Ciptor Harden Hardened infrastructure pillar providing AI-accelerated compute via NVIDIA GPU clusters, immutable storage via IBM Safeguarded Copy for ransomware-proof data vaults, and sovereign Swedish-made Synkzone collaboration environments for high-security workloads. Targets enterprises requiring ransomware-proof infrastructure and data sovereignty.
• Ciptor Shield Identity perimeter solution replacing vulnerable password-based security with FIDO2-powered physical Root of Trust. Anchors identities in NEOWAVE (EAL5+) or FEITIAN hardware security keys with cryptographic origin binding that prevents phishing proxy attacks. Targets enterprise CISOs and security leaders in regulated industries.
• Ciptor Monitor Early warning intelligence system merging WebIQ Dark Web Intelligence with automated response. Monitors 380,000+ dark web entities, integrates with FIDO2 Hub for automated hardware token revocation, and provides Global Risk Score for NIS2 Whole-Entity reporting. Targets organizations requiring credential leak detection and automated response.
• Feitian K9 USB-A NFC FIDO2 Security Key Professional FIDO2 and U2F certified USB-A hardware security key with NFC. Water and crush resistant. Priced at €33 per unit. Designed for enterprise passwordless, two-factor, and multi-factor authentication deployments.
• Feitian ePass FIDO2 USB-A K10 FIDO2 and U2F certified USB-A hardware security key for professional two-factor and passwordless authentication. Priced at €25 per unit. Compatible with smartphones, tablets, web browsers, and computers.
• Feitian ePass FIDO2 USB-A K12 FIDO2 and FIDO U2F certified USB-A security key with MFi certification for iOS devices. Supports FIDO2, U2F, OTP (HOTP), and smart card functions. Priced at €24 per unit.
• Feitian ePass FIDO2 USB-A A4B FIDO2 and U2F certified USB-A hardware security key for two-factor and passwordless authentication. Priced at €19 per unit.
• Feitian iePass FIDO2 USB-C K44 FIDO2 certified security key with USB-C and Lightning connectors for mobile devices including iPhones, iPads, and Android devices. Supports FIDO2, U2F, OTP, and PIV. Priced at €48 per unit.
• Feitian AllinPass FIDO2 Biometric K33 FIDO2 certified biometric security key with fingerprint recognition. Three interfaces: USB-C, NFC, and BLE 4.0. Supports up to 128 credentials. Security algorithms include ECDSA, SHA256, AES, HMAC, ECDH. Priced at €89 per unit.
• Neowave2-C FIDO2 Security Key French-manufactured FIDO2 security key with USB-C interface. Built on Common Criteria EAL5+ certified secure element chips as part of the sovereign Western hardware portfolio. Priced at €26 per unit, with volume tray of 50 pcs at €1,180.
• Winkeo2J-A FIDO2 Level2+EAL6+ Security Key French-manufactured USB-A FIDO2 security key with EAL6+ certification and ANSSI Security Visa. Highest assurance hardware token for regulated industries and critical infrastructure deployments. Priced at €34 per unit.
• Feitian C200 OATH/TOTP Hardware Token (8 Digit) Microsoft certified OATH TOTP hardware token with 8-digit display. Keychain-sized with LCD display and battery indicator. Compatible with Microsoft Azure MFA.
• Feitian C100 OATH/HOTP Hardware Token I34 OATH-compliant event-based OTP (HOTP) hardware token with LCD display and battery indicator. Generates secure one-time passwords valid until next button press. IP67 ingress protection. Compatible with DUO Security, ESET, Entrust Identity Guard.
• Feitian Smart Card Reader bR301-C25 USB 2.0 smart card reader with built-in short circuit and over-voltage protection. CCID specification, driverless for Windows, Linux, macOS, UNIX. Supports Class A, B, and C smart cards. Priced at €10 per unit.
• JuBiter Blade Cryptocurrency Wallet Hardware cryptocurrency wallet supporting Bitcoin and Ethereum. Provides two-factor authentication for crypto account protection against account takeovers.
• IBM Security Verify Integration Cloud-based, on-premises, or hybrid-cloud CIAM solution integrated via Ciptor CSOF. Provides single-stack identity management with SSO, multifactor authentication, adaptive AI-based access, passwordless access, and lifecycle/consent management for up to 27+ million users. Partnership announced June 2024.

Quantifiable outcome

• 98.4% reduction in account takeover incidents within first quarter of FIDO2 deployment
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability9 records

Feature7 records

Partnerships

14 partnerships are on record, tiered flagship, core and strategic.

• IBMflagshipStrategic or Co-development Partner · 12 June 2024Strategic partnership announced June 2024 integrating Ciptor's Cyber Security in One Framework (CSOF) with IBM Security Verify for comprehensive passwordless identity management. Joint solution combines Ciptor's hardware-bound authentication expertise with IBM's enterprise identity platform, enabling customizable passwordless journeys with PKI, FIDO2, Passkeys, and SecurityKeys support.
• HYPRcoreTechnology or IntegrationTechnology integration partner for passwordless authentication orchestration. HYPR Hub enables No-Tap Silent Handshake for phishing-resistant authentication. HYPR's True Passwordless MFA integrated with Microsoft Entra ID and enterprise identity fabrics.
• NVIDIAcoreTechnology or IntegrationAI and GPU technology partnership using NVIDIA Morpheus for digital fingerprinting and accelerated cybersecurity processing. NVIDIA GPU clusters enable real-time threat detection and anomaly identification at machine speed. Partnership includes AI-accelerated compute infrastructure.
• NEOWAVEcoreOEM/ Whitelabel/ Licensing PartnerFrench hardware manufacturer providing EAL6+ certified FIDO2 security keys with ANSSI Security Visa certification. All manufacturing under French jurisdiction with zero third-country manufacturing steps. Key supplier for sovereign Western hardware requirements.
• FEITIAN TechnologiescoreOEM/ Whitelabel/ Licensing PartnerHardware security key and OTP token manufacturer providing FIDO2, U2F, and biometric authentication devices. Products include ePass, iePass, AllinPass, and C-series OTP tokens. Widely deployed globally with Microsoft, Apple, Google, FIDO Alliance certifications.
• WebIQstrategicTechnology or IntegrationDark web intelligence partner providing real-time monitoring of 380,000+ darkweb entities. WebIQ intelligence feeds Ciptor Monitor for credential leak detection and automated threat response integration with FIDO2 Hub kill-switch.
• SynkzonestrategicTechnology or IntegrationSwedish-made secure collaboration environment for high-stakes data sharing. Provides sovereign data residency with Swedish jurisdiction for critical infrastructure and government deployments requiring Level A compliance.
• SyndisstrategicStrategic or Co-development PartnerAdversarial testing partner conducting live-fire validation exercises against production corporate endpoints. Syndis provides 2-4 day endpoint validation targeting LSASS dumps and app-control bypasses, measuring detection gap in mature EDR environments.
• IBM Security VerifycoreTechnology or IntegrationCloud-based CIAM platform by IBM providing single-stack identity management for 27+ million users. Supports on-premises, cloud, or hybrid deployment with adaptive access, SSO, MFA, and lifecycle management.
• MicrosoftcoreTechnology or IntegrationIntegration through HYPR with Microsoft Entra ID, Azure AD, Microsoft 365, and Microsoft Intelligent Security Association (MISA). Feitian tokens certified for Microsoft Azure MFA with Base32 file upload capability.
• CrowdStrikestrategicTechnology or IntegrationEDR integration partner feeding device health signals into HYPR Adapt risk engine for automated step-up authentication when risk spikes detected.
• SentinelOnestrategicTechnology or IntegrationEDR integration for automated threat response. Device posture signals ingested by HYPR Adapt for real-time risk-based authentication decisions.
• ZscalerstrategicTechnology or IntegrationZero Trust Network Access integration feeding geographic and device context into HYPR Adapt risk engine for step-up authentication decisions.
• Microsoft Intelligent Security Association (MISA)strategicGTM or Marketing PartnerHYPR joined MISA consortium enabling cross-cloud, cross-platform passwordless login with Microsoft. Ciptor benefits through HYPR partnership for Microsoft Azure AD and Entra ID integration.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• OneSpan: OneSpan provides digital identity and anti-fraud authentication solutions including hardware tokens and mobile authentication. Targets financial services and enterprise with similar strong authentication use cases as Ciptor.
• Transmit Security: Transmit Security provides passwordless authentication and identity orchestration APIs targeting enterprise developers. Competes with Ciptor Shield in the CIAM/passwordless space with a more developer-focused go-to-market approach.
• Beyond Identity: Beyond Identity offers passwordless authentication using device-bound credentials and risk-based authentication, overlapping with Ciptor's FIDO2 hardware approach but using software-based device identity rather than dedicated security keys.
• Secret Double Octopus: Secret Double Octopus provides passwordless authentication for enterprise workforce and consumer use cases. Targets similar enterprise customers with FIDO2-based authentication but without the sovereign hardware emphasis that distinguishes Ciptor.

Direct peers

• HYPR: HYPR is the core passwordless authentication orchestration platform integrated into Ciptor Shield, but also sells directly to enterprise customers as a competing passwordless MFA solution. Same target market (large enterprise CISOs), same FIDO2/hardware-backed approach.
• IBM Security Verify: IBM Security Verify is both a partner platform integrated into Ciptor CSOF and a competing CIAM/identity offering serving similar enterprise customers with comparable SSO, MFA, and adaptive access capabilities.
• Yubico: Yubico is the leading global manufacturer of FIDO2 hardware security keys (YubiKey), the same category of product Ciptor resells from Feitian and NEOWAVE. Targets the same enterprise authentication buyers with similar phishing-resistant MFA value proposition.

Broad incumbents

• Okta: Okta is a leading independent identity and access management platform offering SSO, MFA, and passwordless authentication to enterprise customers worldwide. Competes with Ciptor Shield at the broader identity layer rather than the specialized hardware-rooted layer.
• RSA Security: RSA Security is a long-established enterprise identity and access management vendor offering SecurID hardware tokens and identity governance. Competes with Ciptor in MFA and credential-based authentication for regulated industries.
• Microsoft Entra ID: Microsoft Entra ID (formerly Azure AD) is the dominant cloud identity platform with built-in FIDO2/passkey support serving virtually all enterprise Microsoft customers. Represents the broadest incumbent Ciptor competes against in identity assurance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance30 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Ciptor