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Tego Cyber Inc. (TGCB) is a cybersecurity company dedicated to developing innovative cyber threat intelligence and autonomous correlation and threat detection tools. Founded to address the rapidly evolving cyber threat hunting market, Tego focuses on solutions for threat intelligence and autonomous threat hunting/correlation. Their threat correlation engine integrates with leading security and data lake platforms to proactively identify threats, enabling security teams to respond faster and more effectively. With a comprehensive list of indicators of compromise and additional contextual information, Tego's curated threat intelligence feed streamlines threat identification and response, reducing time to detection and enhancing overall cybersecurity.
Tego Cyber (OTCQB:TGCB) provided a corporate update on February 15, 2022, highlighting its financial results for Q2 fiscal 2022. The company reported a net loss of $564,020, up from $118,986 year-on-year, alongside a minor revenue increase to $1,050 from consulting. Total operating expenses surged to $528,153. Despite these challenges, Tego is expanding its sales team and enhancing its threat intelligence platform Tego Guardian, which aims for integration with major SIEM platforms. The outlook remains cautiously optimistic with sufficient capital for operations.
Tego Cyber Inc. (OTCQB:TGCB) announced a strategic partnership with Vation Ventures to enhance its go-to-market strategy and channel partner program for its Tego Guardian threat intelligence platform. This collaboration aims to leverage Vation's extensive network to accelerate sales initiatives and expand Tego's market reach. Tego Guardian differentiates itself by integrating with SIEM platforms, providing enriched data on potential threats, thus improving decision-making speed for cybersecurity teams. The firm plans future integrations with additional SIEM platforms.
Tego Cyber Inc. (OTCQB:TGCB) has announced its participation in The MicroCap Rodeo's 2nd Annual Winter Wonderland Best Ideas Conference, taking place virtually from February 8-11, 2022.
CEO Shannon Wilkinson will present on February 8 at 4:30 PM ET. Investors can access the webcast at this link. The conference will feature 25-minute presentations and one-on-one meetings for institutional investors.
Tego Cyber specializes in cyber threat intelligence solutions, with plans to integrate their Tego Guardian platform with major security information and event management systems.
Tego Cyber Inc. (OTCQB:TGCB) has signed a consulting agreement with Brent Watkins, founder of GlobalSec Partners LLC, to enhance business development for its Tego Threat Intelligence Platform (TTIP). Watkins, a former FBI investigator with extensive cybersecurity experience, aims to leverage his industry connections to boost TTIP's market presence. CEO Shannon Wilkinson expressed enthusiasm about accelerating growth, citing positive industry feedback. The TTIP integrates with major security platforms, providing timely threat intelligence to enterprises, which positions Tego Cyber for significant growth in the cyber threat intelligence market.
Argus Research has initiated coverage on Tego Cyber (OTCQB: TGCB), a cybersecurity threat intelligence firm. Tego's key product, the Tego Threat Intelligence Platform (TTIP), enhances existing cybersecurity solutions with actionable insights. The global cybersecurity market is projected to grow from $156 billion to $241 billion by 2025, with Tego targeting a segment valued at $10.9 billion. Tego aims for $7.5 million in revenue in FY 2022, growing to $31.9 million by FY 2024. With a competitive pricing strategy and integration with major platforms like Splunk, Tego is well-positioned for significant growth.
Tego Cyber Inc. (OTCQB:TGCB) CEO, Shannon Wilkinson, is set to present at the Benzinga All Access event on December 2, 2021, at 11:20 A.M. Eastern Time. The event will be live-streamed, with an archive available on Tego's investor relations website. Tego Cyber specializes in cyber threat intelligence solutions, offering a platform that integrates with major security systems to proactively detect threats. The platform aims to streamline security processes and provide timely threat data to enterprises.
Tego Cyber Inc. (OTCQB:TGCB) reported its Q1 fiscal 2022 results, ending September 30, 2021. The company, focused on proactive cyber threat intelligence, announced the commercial launch of its Tego Guardian platform integrated with Splunk SIEM. Although revenues were $0 this quarter, down from $2,900 in Q1 2021, operating expenses surged to $442,996 from $80,662 due to increased business activities. A net loss of $472,211 was recorded, a significant rise from last year. Cash reserves stand at $1.5 million, ensuring operational sustainability for at least one year.
Tego Cyber Inc. (OTCQB:TGCB) has initiated development of its threat intelligence application for integration with the Elastic Security SIEM platform, expanding its market reach. This follows the successful launch of Tego Guardian on the Splunk platform in October 2021. The company aims to create versions of Tego Guardian for the top 10 SIEM platforms within two years, starting with Elastic, which serves over 16,000 paying subscribers, including 34% of the Fortune 2000. Tego Guardian offers advanced data enrichment to cybersecurity teams, streamlining threat analysis.
Tego Cyber Inc. (OTCQB:TGCB) has announced an expansion of its sales and marketing initiatives following the successful launch of its Tego Guardian app. The company aims to target existing Splunk SIEM users, focusing on Fortune 2000 enterprises. Tego will enhance its internal sales team and establish a channel partner program to collaborate with cybersecurity consultants. The Tego Guardian app integrates seamlessly with Splunk SIEM, expected to attract over 15,000 clients. Tego also plans future versions compatible with leading SIEM platforms like Elastic and IBM QRadar.
Tego Cyber Inc. (OTCQB:TGCB) has launched the Tego Guardian, a threat intelligence platform integration app for the Splunk SIEM system. This app allows cybersecurity teams to gain enriched data regarding potential threats, automating processes that previously required manual analysis. Available for download on Splunkbase, the app will operate on a subscription model with annual licensing fees. Tego aims to extend its app's integration to other prominent SIEM platforms in the coming years. The launch marks a significant milestone, transitioning Tego into a revenue-generating phase.
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