Cynomi secures $37M in Series B funding

TEL AVIV, Israel — Cynomi has announced the successful completion of its $37 million Series B funding round, co-led by Insight Partners and Entrée Capital, with continued support from existing investors Canaan, Flint Capital, and S16VC.

The company, which currently supports MSPs, MSSPs, consultancies, and telcos, will use the funding to serve a broader range of service providers, including integrators and resellers. The investment will also enable Cynomi to scale its sales operations in the US and drive further expansion throughout Europe.

"This funding marks a pivotal moment in our journey, allowing us to enhance our agentic cybersecurity capabilities while also supporting the go-to-market efforts of service providers worldwide," said David Primor, Ph.D., Co-founder and CEO of Cynomi. "With this investment, we aim to empower all types of service providers to deliver superior cybersecurity services - significantly enhancing productivity by more than 70% and driving scalable growth across their customer portfolios. This comes as Cynomi seeks to set a new industry standard for cybersecurity and compliance management just as the vCISO market is experiencing rapid growth driven by accelerated demand for cybersecurity services."

Cynomi plans to advance its platform in two key directions: adding more cutting-edge cybersecurity capabilities and strengthening the ability of service providers to market and deliver security and compliance solutions effectively, in a climate where these services are in high demand and the vCISO market is quickly growing. By leveraging an AI-driven platform packed with powerful automation and actionable business insights, the company said it is streamlining cybersecurity processes - enabling service providers to enhance their clients' security posture, boost productivity, and drive efficiency and scale.