Diligence memo · auto-generated · as of July 2, 2026
Cequence Security, Inc.
Cequence Security, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Cequence Security, Inc. operates in Cybersecurity, based in SUNNYVALE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Cequence Security, Inc. has raised $22M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $14M on 2019-02-22.
Most recent recorded round closed around 2019-02-22.
Valuation (modeled)modeled
Provath models Cequence Security, Inc. at approximately $428M (range $19M–$2.3B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 3.02× the median modeled value of Series A Cybersecurity companies in 2019–2021 (17 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 13 months.
Last raise 7.4 yr ago; this sector typically re-raises about every 15 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 1.7× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 80% of Cybersecurity peers (270 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Securitize, Inc., Living Security, Inc., SecurEnds, Inc., Threat X, Inc., Open Inc..
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.