Company Overview
About Eclypsium
Eclypsium is a Portland, Oregon-based cybersecurity company founded in 2017 by Yuriy Bulygin, Alex Bazhaniuk, and Andrew Fasano — former members of Intel''s Advanced Threat Research team with deep expertise in firmware security. The company builds a supply chain and firmware security platform that provides enterprises with visibility into the firmware, hardware drivers, and software components running on their devices — enabling them to identify vulnerabilities, detect tampering, and remediate supply chain risks at the foundational layer of their IT and OT infrastructure that traditional endpoint security tools cannot reach.
Business Model & Competitive Advantage
Eclypsium has raised over $50M in total funding, including a $25M Series B in 2022 led by J2 Global (now Ziff Davis), with participation from Intel Capital and other investors. The platform performs continuous firmware integrity monitoring across servers, network devices, laptops, and IoT endpoints — comparing the firmware running on each device against known-good baselines and threat intelligence to identify unauthorized modifications, unpatched BIOS/UEFI vulnerabilities, and compromised hardware supply chain components. Eclypsium also provides software bill of materials (SBOM) capabilities for firmware, helping enterprises understand what third-party code is running in their hardware stack in response to emerging supply chain security regulations.
Competitive Landscape 2025–2026
Eclypsium''s customer base includes defense contractors, federal government agencies, and Fortune 500 enterprises in regulated industries. Its technology has become increasingly relevant as firmware attacks and supply chain compromises have emerged as major threat vectors — notably in the SolarWinds attack, Volt Typhoon campaigns targeting US infrastructure, and various state-sponsored hardware interdiction efforts. Eclypsium competes with firmware security offerings from Absolute Security, Binarly, and endpoint security platforms like CrowdStrike and SentinelOne that have extended into below-OS visibility, differentiating through its depth of firmware analysis and supply chain focus.
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