cyhub armenia

What cyhub armenia does

CyHub Armenia is a Yerevan-based cybersecurity hub established in 2021 as a multi-stakeholder joint initiative of IBM, CISCO, the National Polytechnic University of Armenia (NPUA), the Armenian Government, the World Bank, the Enterprise Incubator Foundation, ISTC, and YCRDI. The organization operates three interconnected lines of business: a Startup Acceleration Program that provides $50,000 of zero-equity initial funding and 1:1 mentoring to early-stage cybersecurity startups (open to global applicants); a professional services practice delivering penetration testing (white, black, and grey box), SAP security testing, security audits and risk assessments, reverse engineering, and corporate training; and an 8-week OSCP Certification Bootcamp with cohorts in Armenia and Georgia, featuring a custom-built lab environment that simulates the OSCP exam and includes PEN-200 and OSCP exam vouchers.

Underlying the offerings is a training and research infrastructure anchored at the NPUA campus, including a Cybersecurity Demonstration and Advanced Research Lab used for detection, problem-solving, and prevention work. The OSCP curriculum is grounded in the Penetration Testing Execution Standard (PTES) and covers web exploitation, Active Directory attacks, Metasploit, privilege escalation on Windows and Linux, port tunneling, and custom exploitation. Bootcamp delivery is live online with multiple weekly schedule options, and tuition is denominated in Armenian Dram (1,750,000 AMD upfront or 1,850,000 AMD in installments), with an Ineco Paylater educational loan option.

CyHub's revenue model is a hybrid of project-based professional services engagements for enterprise and mid-market buyers, cohort-based training tuition, and a non-revenue (or grant-pass-through) acceleration program funded by partner organizations. Go-to-market relies on direct engagement with enterprise buyers, organic social presence on LinkedIn, Twitter, Facebook, and YouTube, a website application portal, and partnership-driven promotion via Security Weekly. The customer base spans enterprise and mid-market businesses seeking cybersecurity services, early-stage cybersecurity startups globally, and cybersecurity professionals and students across the Caucasus region.

Name

cyhub armenia

Legal name

Cyhub Armenia

Website

https://cyhub.am

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

CyHub Armenia is a Yerevan-based cybersecurity hub, founded in 2021 as a joint initiative of IBM, CISCO, the Armenian Government, the World Bank, and academic partners, offering cybersecurity professional services, a zero-equity startup acceleration program, and an OSCP certification bootcamp for enterprises and trainees across the Caucasus.

Ownership category

akta.pro rank

Product category

Cybersecurity Services

NAICS

Computer Training (611420), Security Systems Services (56162)

SIC

Services-Testing Laboratories (8734), Services-Educational Services (8200)

akta.pro primary industry

Cybersecurity Technical Skills (Security Engineering, SOC, Pen Testing) (EDABAFAF)

akta.pro secondary industries

Application Security & DevSecOps Services (BPAKAHAJ), Cybersecurity Learning Platforms (EDAFANAF)

Keywords

• Cybersecurity services
• Startup acceleration program
• Penetration testing
• OSCP certification training
• Security audit assessment

Headquarters

HQ city

Yerevan

HQ country

Armenia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Cybersecurity Services: Professional services including penetration testing (White Box, Black Box, Grey Box), SAP security testing, security audits and assessments, and reverse engineering services for clients.
2. OSCP Training Bootcamp: 8-week intensive OSCP certification bootcamp with tuition of 1,750,000 AMD upfront or 1,850,000 AMD in installments. Includes 365-day voucher for PEN-200 course and OSCP certification voucher.
3. Startup Acceleration Program: Incubation program providing $50,000 initial funding to early-stage cybersecurity startups in exchange for program participation (zero equity model).

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

CyHub Armenia delivers professional cybersecurity services (penetration testing, SAP security testing, security audits, reverse engineering), runs an 8-week intensive OSCP certification bootcamp with custom-built lab environments and included exam vouchers, and operates a startup acceleration program that provides $50,000 in zero-equity funding plus mentorship to early-stage cybersecurity startups. The organization also maintains a cybersecurity demonstration and advanced research lab in partnership with the National Polytechnic University of Armenia.

Product overview

CyHub Armenia is a multi-faceted cybersecurity platform and initiative operating as a joint collaboration between IBM, CISCO, National Polytechnic University of Armenia, and other partners. The organization offers three interconnected core offerings: (1) a Startup Acceleration Program that provides zero-equity funding of $50,000 to early-stage cybersecurity startups with tailored mentoring and international partnership access; (2) Professional Security Services encompassing penetration testing, SAP security testing, security audits, reverse engineering, and training; and (3) an OSCP Bootcamp—an 8-week advanced certification training program with lab-heavy curriculum and OSCP exam vouchers. Additionally, the initiative operates a Cybersecurity Demonstration & Research Lab for advanced research activities. The portfolio is unified by the mission of advancing Armenia's cybersecurity sector through education, startup development, and professional services.

Differentiator

Problem solved

Functional benefit

Products and services

• Startup Acceleration Program An incubation and acceleration program for early-stage cybersecurity startups offering 1:1 mentoring, workshops, boot camps, and $50,000 initial funding in exchange for zero equity. Designed for founders globally who need business validation, structured development support, and access to an international partner network.
• Cybersecurity Professional Services Professional cybersecurity services for enterprise and mid-market businesses, including penetration testing (White Box, Black Box, Grey Box), SAP environment security testing, security audits with risk assessment and mitigation, reverse engineering of applications for bugs and vulnerabilities, and training sessions with hands-on lab experiments.
• OSCP Bootcamp An 8-week intensive, hands-on training bootcamp focused on preparing students for the Offensive Security Certified Professional (OSCP) certification exam. Features lab-heavy exercises, custom-built lab environments simulating OSCP exam conditions, and includes a 365-day voucher for Offensive Security's PEN-200 course and an OSCP certification exam voucher. Delivered live online with scheduled cohorts.
• Cybersecurity Demonstration and Advanced Research Lab A demonstration and advanced research laboratory for detecting, solving, and preventing cybersecurity issues in Armenia. Operated in partnership with the National Polytechnic University of Armenia and supports advanced research activities for the cybersecurity ecosystem.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, flagship and moderate.

• IBMcoreStrategic or Co-development PartnerIBM is a founding joint initiative partner of CyHub Armenia. Provides technology expertise, international partnerships, and network access for startups in the cybersecurity acceleration program.
• CISCOcoreStrategic or Co-development PartnerCISCO is a founding joint initiative partner providing international partnerships and network access for program participants. Enables startups to access expertise and expand their professional networks.
• National Polytechnic University of Armenia (NPUA)coreStrategic or Co-development PartnerNPUA is a founding joint initiative partner providing academic infrastructure, cybersecurity demonstration lab facilities, and talent pipeline for education programs.
• Innovative Solutions and Technologies Center (ISTC)coreStrategic or Co-development PartnerISTC is a founding joint initiative partner contributing to the cybersecurity ecosystem development and research initiatives in Armenia.
• Yerevan Computer Research and Development Institute (YCRDI)coreStrategic or Co-development PartnerYCRDI is a founding joint initiative partner contributing to cybersecurity research and development capabilities.
• Armenian GovernmentcoreStrategic or Co-development PartnerThe Armenian Government is a founding joint initiative partner providing institutional support and policy backing for the national cybersecurity hub.
• Enterprise Incubator FoundationcoreStrategic or Co-development PartnerEIF is a founding joint initiative partner supporting startup ecosystem development and providing incubation infrastructure.
• Security WeeklyflagshipGTM or Marketing PartnerSecurity Weekly cooperates with CyHub Armenia on the incubation program, providing industry credibility, mentor expertise (Paul Asadoorian, Matt Alderman, Tyler Robinson, Adrian Sanabria), and marketing channel access through Security Weekly Productions.
• CyberRisk AlliancemoderateTechnology or IntegrationCyberRisk Alliance provides mentors through Paul Asadoorian (Chief Innovation Officer) and Matt Alderman (SVP, Business Intelligence Unit) for the acceleration program.
• AcronismoderateTechnology or IntegrationSergey Belov, Application Security TeamLead at Acronis, serves as a mentor in the acceleration program providing application security expertise.
• Xage SecuritymoderateTechnology or IntegrationRoman Arutyunov, Co-Founder and VP of Products at Xage Security, serves as a mentor providing expertise in cybersecurity product development.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Offensive Security (OffSec): Creator of the OSCP certification and PEN-200 course. Direct competitor on OSCP-aligned training content; CyHub's bootcamp is built around the same exam and includes OffSec vouchers.
• TryHackMe: Cybersecurity learning platform with guided, hands-on paths including OSCP-aligned content. Competes directly for cybersecurity training budgets and learners who could alternatively take CyHub's bootcamp.
• Hack The Box: Hands-on cybersecurity upskilling platform with labs, courses, and certifications targeting penetration testing and OSCP preparation. Overlaps with CyHub's OSCP Bootcamp target audience.
• Cybrary: Online cybersecurity training platform covering penetration testing, security engineering, and certification prep. Competes for the same learner base and offers similar self-paced alternatives to live bootcamps.

Emerging players

• TCM Security (Practical Ethical Hacking): Training-led cybersecurity education brand offering Practical Ethical Hacking and OSCP-adjacent content. Competes for the same learner segment with a lower-cost online model.
• Pentester Academy (SecurityTube): Technical penetration testing and security training platform with lab-heavy content. Overlaps with CyHub's pen testing training and methodology focus.
• Secure Code Warrior: Developer-focused secure coding and application security training platform. Partial overlap with CyHub's application security and DevSecOps-adjacent training content.

Broad incumbents

• NCC Group: Global cybersecurity services firm offering penetration testing, security audits, and consulting. A scaled incumbent competing for the same enterprise security services deals CyHub delivers in Armenia and the Caucasus.
• SANS Institute: Established cybersecurity training and certification provider with global brand. Competes for the same advanced cybersecurity training wallet share as CyHub's bootcamp but at a much broader portfolio level.

Others

• Enterprise Incubator Foundation (EIF): Founding ecosystem member and Armenian startup incubator that co-anchors CyHub's acceleration program. Operates adjacent startup support programs in the same country, with potential portfolio overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cyhubarmenia
• YouTubeyoutube.com/channel/UC_GV0uq0hrW1ALu_Z7xAw-Q/featured
• Facebookfacebook.com/cyhubarmenia
• LinkedInlinkedin.com/company/cyhubarmenia

Revenue estimate

Valuation estimate

Number of profiles

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 cyhub armenia