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Ciaran is one of Lord Gwyn's Four Knights, and is the only female member of the group. She is the leader of the Lord's Blades, a group of women renowned for their specialization in assassinations in subterfuge.
After traveling into the past and defeating Knight Artorias, Ciaran can be found paying respects at the site of his death. She will request Artorias's soul from the player. Should you give her the soul, she will reward you with her weapons. You may also choose to simply kill her and loot the weapons from her corpse.
Her dialogue, in addition to the Hornet Ring which can be found on the corpse of a female behind Artorias's grave in the present, seems to indicate that she was especially close to Knight Artorias and may have had feelings for him.