FAZE Security Exits Stealth With 50 Clients, $6M Seed, 20X ARR Growth
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New York – September 16, 2026 -- FAZE Security has exited stealth mode with 50 enterprise customers, including several Fortune 500 firms, after posting roughly 20X annual recurring revenue growth in 18 months. The company, formerly known as CYTRIX, also disclosed $6 million in seed funding led by New Era Capital Partners, with participation from Lockstep VC.
FAZE targets the widening gap between vulnerability discovery and remediation capacity
Annual pentests become outdated the moment reports are delivered, while automated scanners flood security teams with thousands of unranked findings. Attackers now use AI to exploit these gaps within hours, creating a remediation backlog that outpaces human security teams.