Cognyte signs ~$20M expansion deal with EMEA security customer
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Cognyte Software Ltd. (NASDAQ: CGNT) announced an approximately $20 million expansion agreement with a national security customer in the Europe, Middle East and Africa region, according to a company press release.
The agreement adds agentic decision flows to the unnamed agency's investigative analytics platform and expands infrastructure capacity. Cognyte describes the agentic workflows as combining investigative methodologies with AI execution frameworks to automate analysis across large datasets.
"Expanding with agencies we already serve is a key pillar of our growth strategy," said Elad Sharon, Chief Executive Officer at Cognyte. "Our long-standing relationship reflects the trust this agency has placed in our platform over many years."
Cognyte, headquartered in Herzliya, Israel, provides AI-powered investigative analytics solutions to law enforcement, national security and military intelligence agencies. The company did not disclose the identity of the EMEA customer.
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