Case Study: Cylera improves capital efficiency with Gynger

Flexible financing to optimize resources and stagger costs in critical growth periods

Cylera, an IoT cybersecurity and intelligence company, faced a cash flow crunch due to the high upfront costs required to onboard new customers onto its platform. These initial cloud infrastructure expenses, combined with delayed customer payments, created a significant financial strain that threatened to slow the company's growth. To overcome this challenge, Cylera sought a smarter financing solution from Gynger.

Gynger provided Cylera with a flexible, unsecured term loan that was approved in a single day. This solution allowed Cylera to finance its monthly Google Cloud Platform usage bills, with Gynger paying the invoices upfront. Cylera then repaid the funds in monthly installments, which improved its capital efficiency. The results were immediate, enabling Cylera to continue scaling without slowing growth or cutting costs. Moving forward, Cylera will use Gynger's deferred billing product to pay its cloud bills quarterly instead of monthly, further aligning expenses with revenue and making this financing a key tool for its continued expansion.

Cylera

Timur Ozekcin

Co-Founder and CEO