CBRX

Based in Vilnius, Lithuania, CBRX provides an AI-powered cloud platform that automates cybersecurity incident analysis and management for IT service providers. The software enables traditional managed service providers to transition into specialized managed security service providers by automating complex threat monitoring and customer support workflows. By streamlining these critical security operations, the platform significantly reduces manual labor, freeing up to 90 percent of the time analysts typically spend on routine incident handling. The venture-backed company has raised over €815,000 in total financing to date, which includes a recent €540,000 pre-seed round intended to fund product development and expansion across the European Union. Institutional investors backing the enterprise include Coinvest Capital, Scalewolf, Plug and Play Tech Center, and Firstpick. CBRX was originally established under the name Cyberalert in 2023 by co-founders Kazimieras Sadauskas and Audrius Miknevičius.