Cynet Overview
Cynet develops advanced threat detection and response solutions. Cynet simplifies security by providing a rapidly deployed, comprehensive platform for detection, prevention, and automated response to advanced threats with near-zero false positives, shortening the time from detection to resolution and limiting damage to an organization. Cynet's unique visibility of files, users, network traffic, and endpoints and continuous monitoring of an environment uncover behavioral and interaction indicators across the attack chain, giving a complete picture of an attack operation over time. Cynet is enhanced by Cynet CyOps, which delivers additional value to the platform with 24/7 threat expert assistance, insight, and intelligence. Staffed by an elite group of cyber threat analysts and investigators, Cynet's CyOps is an extra set of expert eyes dedicated to monitor, prioritize, and respond to threats in a customer’s environment. By combining high-fidelity detection, decoy interactions, network analytics, and expert analyst assistance, Cynet provides accurate findings with associated risks without a lot of complexity or noise.
Cumulative Funding Raised Over Time ($)
$7.0MFeb 2016
$20.0MFeb 2018
$20.0MJul 2022
$20.0MJul 2023
$60.0MMar 2021
$78.0MMay 2020
Latest News
growth-positive
חברת הסייבר הישראלית שומרת על העסקים שלכם - בחינם
Israeli cybersecurity company Cynet is offering businesses free use of its cybersecurity solutions for three months amid the ongoing conflict in Israel. The offer is intended for companies and organizations of all sizes. The companys flagship product, Cynet 360, is based on artificial intelligence and operates autonomously to identify, prevent, and respond to cyberattacks. Cynet is also offering a special service for organizations and businesses experiencing attacks, with a 24x7 detection and response (IR) service.
Customers
growth-positive
Cynet Announces Results in 2023 MITRE Engenuity ATT&CK Evaluations
Cynet, a provider of autonomous breach protection platform, announced its successful results in the 2023 MITRE Engenuity ATT&CK Evaluation for the Cynet 360 AutoXDR platform. The evaluation tested the ability of 30 cybersecurity vendors to detect and respond to advanced real-world threats, emulating Turla, a sophisticated Russia-based threat group. Cynet achieved 100% threat visibility and 100% detection quality with no configuration changes, marking the first time a vendor has achieved 100% in both measures in the same MITRE ATT&CK Enterprise Evaluation.
Customers
Cynet Unveils Major Product Release Ahead of RSA with Updates to Endpoint Detection and Prevention Services, New Mobile Capabilities and More
Cynet Named Winner of the Coveted Global InfoSec Awards during RSA Conference 2023
growth-positive
Cynet appoints Arik Litichevsky as VP of R&D | CTech
Cynet has appointed Arik Litichevsky as its new VP of R&D. Litichevsky will lead 100 employees into the companys next stage of growth, aiming to increase the number of customers served from hundreds to thousands. Cynet is a cybersecurity company founded in 2015 that has developed an autonomous cybersecurity solution. It employs 260 people across Israel, the USA, and Europe and has raised a total of $78 million in funding.
Management ChangesExpand
| Sector | Cyber Security |
Funding
| Total funding | $78M |
| Last funding | Undisclosed |
| Stage | C |
| Rounds | 6 |
| Investors | 11 |
Team Members
6
Employees: 201-500
Web & Social Links
| Website | www.cynet.com |
| Careers | Careers page |
Locations
Nim Ave 2, Rishon LeTsiyon, Israel
Derech Menachem Begin 132, Tel Aviv-Yafo, Israel
33 Arch Street, Boston, MA 02109, USA
Photos & Videos
4 item(s)
Cynet Business
Business models
B2G, B2B
Product stage
Released
Employees
201-500
Sector
Cyber SecurityEndpoint SecurityTarget Customer
Enterprise & Professional ServicesEnterprisesHealthcare & Life SciencesHealthcareIndustrial ManufacturingEnergy, Utilities & Waste ManagementFinancial ServicesFinancial InstitutionsBanksGovernment & CityCore Technology
Platforms & InterfacesSoftwareArtificial IntelligenceTags (23)
incident-responsebehavior-analyticsanomaly-detectionzero-daynetwork-securitycyber-securityaptidsbig-data-analyticssecurity-operationsenterprisesthreat-intelligencecritical-infastructurebanksgovernmentransomwareretailersmanufacturing-facilitiessocdata-gatheringvulnerability-managementsiemendpoint-securityGeographic Markets
GlobalCynet Financials
$78M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
C
Funding stage
6
Total rounds
11
Investors
Cumulative Funding Raised Over Time ($)
$7.0MFeb 2016
$20.0MFeb 2018
$20.0MJul 2022
$20.0MJul 2023
$60.0MMar 2021
$78.0MMay 2020
Private Equity Funding
Secondary Round
Jul 2023
Undisclosed
Alicorn (Lead)
Undisclosed Round
Jul 2022
Undisclosed
Qualcomm Ventures, Golub Growth
C Round
Mar 2021
$40M
Greenfield Partners (Lead)
,
Vintage Investment Partners, T.Capital, Norwest Venture Partners
B Round
May 2020
$18M
BlueRed Partners (Lead)
,
Norwest Venture Partners, Merlin Ventures, Ibex Investors, T.Capital
B Round
Feb 2018
$13M
Norwest Venture Partners (Lead)
,
Shlomo Kramer, Ibex Investors
A Round
Feb 2016
$7M
Ibex Investors
Cynet Lifecycle
Cumulative Funding Raised Over Time
$7.0MFeb 2016
$20.0MFeb 2018
$20.0MJul 2022
$20.0MJul 2023
$60.0MMar 2021
$78.0MMay 2020
All Events
Secondary Round
Jul 2023
Undisclosed
Alicorn (Lead)
Undisclosed Round
Jul 2022
Undisclosed
Qualcomm Ventures, Golub Growth
C Round
Mar 2021
$40M
Greenfield Partners (Lead)
,
Vintage Investment Partners, T.Capital, Norwest Venture Partners
B Round
May 2020
$18M
BlueRed Partners (Lead)
,
Norwest Venture Partners, Merlin Ventures, Ibex Investors, T.Capital
B Round
Feb 2018
$13M
Norwest Venture Partners (Lead)
,
Shlomo Kramer, Ibex Investors
A Round
Feb 2016
$7M
Ibex Investors
Cynet News
29 articles
growth-positive
חברת הסייבר הישראלית שומרת על העסקים שלכם - בחינם
Israeli cybersecurity company Cynet is offering businesses free use of its cybersecurity solutions for three months amid the ongoing conflict in Israel. The offer is intended for companies and organizations of all sizes. The companys flagship product, Cynet 360, is based on artificial intelligence and operates autonomously to identify, prevent, and respond to cyberattacks. Cynet is also offering a special service for organizations and businesses experiencing attacks, with a 24x7 detection and response (IR) service.
Customers
growth-positive
Cynet Announces Results in 2023 MITRE Engenuity ATT&CK Evaluations
Cynet, a provider of autonomous breach protection platform, announced its successful results in the 2023 MITRE Engenuity ATT&CK Evaluation for the Cynet 360 AutoXDR platform. The evaluation tested the ability of 30 cybersecurity vendors to detect and respond to advanced real-world threats, emulating Turla, a sophisticated Russia-based threat group. Cynet achieved 100% threat visibility and 100% detection quality with no configuration changes, marking the first time a vendor has achieved 100% in both measures in the same MITRE ATT&CK Enterprise Evaluation.
Customers
Cynet Unveils Major Product Release Ahead of RSA with Updates to Endpoint Detection and Prevention Services, New Mobile Capabilities and More
Cynet Named Winner of the Coveted Global InfoSec Awards during RSA Conference 2023
growth-positive
Cynet appoints Arik Litichevsky as VP of R&D | CTech
Cynet has appointed Arik Litichevsky as its new VP of R&D. Litichevsky will lead 100 employees into the companys next stage of growth, aiming to increase the number of customers served from hundreds to thousands. Cynet is a cybersecurity company founded in 2015 that has developed an autonomous cybersecurity solution. It employs 260 people across Israel, the USA, and Europe and has raised a total of $78 million in funding.
Management ChangesExpand
growth-positive
Cynet unveils Global Partner Program to reduce operational and buying costs for partners - Help Net Security
Cynet has launched its newly optimized Global Partner Program, aimed at increasing profitability for channel sales organizations. The program includes new pricing, discounts, and resources to streamline the partner journey. Cynets channel-first business model prioritizes partner relationships and helping them scale. The Global Partner Program has expanded Cynets active partner base by 200% and received several accolades and awards. Cynets end-to-end XDR platform and 24/7 MDR service provide effective cybersecurity protection for lean IT security teams. The program has been well-received by partners, offering a seamless cybersecurity solution and the opportunity to grow their own business. The CEO of Stealth-ISS Group Inc. praised Cynets cybersecurity solution as the core of their service mix offerings.
Partners
Cynet Announces Partnership With TD SYNNEX
Webinar: Why XDR is the Perfect Solution for SMEs
growth-positive
Cynet Automated Response Playbooks empowers security teams to reduce their alert investigation - Help Net Security
Cynet has launched Cynet Automated Response Playbooks, which automate the investigation and remediation of security alerts as part of their 360 AutoXDR platform. This cost-effective approach aims to help organizations maintain superior levels of security and relieve overwhelmed security teams. The playbooks reduce alert investigation and response times by 90% and provide a consistent response process for accurate security decisions. Cynets CEO and Co-Founder, Eyal Gruner, emphasizes the importance of addressing all security alerts and states that the playbooks enable organizations to put their security on autopilot. The article also mentions that Cynet will be showcasing their solution at RSA Conference 2022.
Customers
Cynet Announces Results in 2022 MITRE Engenuity ATT&CK® Enterprise Evaluations
growth-positive
Cynet appoints former Check Point executive Bruno Darmon as Chief Strategy Officer | CTech
Cynet, an Israeli cybersecurity startup, has appointed Bruno Darmon as Chief Strategy Officer. Darmon will lead Cynets go-to-market strategy and drive growth across global markets. Cynet recently completed a $40 million Series C funding round led by Greenfield Partners, bringing its total funding to $78 million. Darmon praised Cynets innovative approach to cybersecurity and its unified, end-to-end security platform. The article highlights Darmons previous role as Vice President of EMEA Sales at Check Point Software Technologies.
InvestmentManagement Changes
growth-negative
Cynet receives $250,000 demand for stolen documents
An anonymous attacker has demanded a $250,000 ransom payment from Israeli cybersecurity company Cynet. The attacker claims to have large amounts of the companys documents and has published a small sample of the information. The exposed information includes the companys price list and a screenshot of the enterprise systems. The attacker also claims to have passwords of Cynets customers. Cynet is managing the incident with assistance from cybersecurity experts. The incident is believed to have occurred due to human error in protecting an experimental server. The impact on the company is growth-negative. Cynet has developed cyber protection systems for small and medium-sized companies and has raised $79 million to date.
CustomersInvestment
growth-positive
Cynet protects Israeli Olympic athletes' data
Israeli cybersecurity company Cynet has been chosen to protect the electronic devices used by the Israeli delegation to the Olympic Games in Tokyo. The companys Extended Detection and Response (XDR) solution monitors and collects data from computers and networks, preventing breaches and detecting threats. Cynets technology aims to defend against cyber threats and attacks during the games. The partnership with Cynet is a big step taken by the Elite Sports Department Administration of the Wingate Institute and the Olympic Committee of Israel to ensure the security of the Israeli delegation. The Cynet solution will help defend against any threats to sensitive information stored on the devices.
PartnersCustomers
growth-positive
Israeli cybersecurity platform Cynet raises $40 million series C
Israeli cybersecurity company Cynet has completed a $40 million series C funding round, led by Greenfield Partners. The funding round also included existing backers Northwest Venture Partners, Vintage Investments Partners, BlueRed Partners, and Deutsche Telekom. Cynets total funding to date is now $78 million, and the companys valuation has multiplied several times over. Cynet offers a cyber threat detection and response platform primarily targeted at small and medium-sized enterprises. The platform combines multiple security products and includes automation capabilities for responding to and investigating attacks. Cynet has 330 clients worldwide and is experiencing rapid growth.
InvestmentExpand
growth-positive
Cynet 360 Receives Five Star Ranking in Gartner Peer Insights Ratings and Reviews Platform
Cynets 360 Autonomous Breach Prevention Platform has received a 5.0 rating, the highest possible, on Gartner Peer Insights in the Endpoint Detection and Response category. The rating is based on 27 user reviews over the past 12 months, with users praising the products capabilities, service and support, integration and deployment, and evaluation/contracting. All reviewers would recommend the product. Cynet 360 provides XDR and Response Automation in one platform, backed by 24/7 MDR services.
Customers
growth-positive
Cynet Uncovers Zerologon Exploits with a Free Analysis & Detection Tool
Cynet has announced the release of the Zerologon Analysis & Detection Tool to address the Zerologon vulnerability. The tool helps security professionals determine if a Zerologon exploit was executed in their IT environment. Cynet is also releasing two detection mechanisms, a YARA rule and an executable file, for the wider community to detect exploits targeting the Zerologon vulnerability. The companys existing customers already have detection mechanisms in place. The Zerologon vulnerability is a potentially dangerous authentication bypass vulnerability that allows cyber-criminals to exploit the Windows Server Netlogon Remote Protocol. Cynet aims to provide visibility and protection against this vulnerability to organizations.
CustomersPartners
growth-positive
Cynet First to Introduce Integrated XDR, MDR and Response Automation in Unified Cyber-Threat Solution
Cybersecurity firm Cynet has announced the launch of Cynet 360 V4.0, an autonomous breach prevention platform. The platform features extended detection and response (XDR), 24/7 managed detection and response (MDR), and full response automation. The new platform is designed to improve cyber threat detection accuracy and reduce the complexity and overhead required for comprehensive defense and mitigation of sophisticated cyber-attacks. The platform also includes the Incident Engine, an automated response capability that produces a visual map of an entire incident investigation and response.
Expand
growth-positive
Israeli cyber startup Cynet closes $18 million funding round
Israeli cybersecurity startup Cynet has closed an $18 million series B+ funding round led by BlueRed Partners. Strategic investors Deutsche Telekom and Merlin International also participated, along with existing investors Norwest Venture Partners and Ibex Investors. The funding will be used to expand Cynets development and support teams, as well as its presence in the U.S. and international markets. The company is recruiting developers and sales personnel in the U.S. and Europe and has opened a second office in Tel Aviv. Cynet currently employs 100 people and has more than 200 clients. The companys solution offers breach protection for organizations of any size.
InvestmentExpand
growth-positive
New Skill Testing Platform For 6 Most In-Demand Cybersecurity Jobs
Cynet has launched the Cybersecurity Skill Tests website, which offers an automated online questionnaire for hiring security professionals. The website includes dedicated questions for six cybersecurity positions and generates a set of 25 questions for each candidate. The results are displayed on the recruiters dashboard, allowing for quick shortlisting of top achievers. The positions covered by the questionnaire include SOC Manager, SOC Analyst, Malware Analyst, Security Architect, IT Security, and Incident Responder. Organizations can create an account on the website to start testing candidates.
Expand
Turning an MSP Into an MSSP
growth-positive
Cynet announces special offer for Symantec customers - Help Net Security
Cynet is offering Symantec customers the opportunity to switch to Cynet 360, their Autonomous Breach Protection platform. The switch is prompted by the uncertainty caused by the acquisition of Symantec. Cynet 360 provides consolidated endpoint, network, and user protection in a single platform. It offers increased protection, simplified operations, and immediate time to value. The offer is no longer available.
Customers
growth-neutral
3 biggest threats cybersecurity professionals are facing in 2020
The article features various topics related to security, including Docker Scout, VPN software, cloud security, memory attacks, and patch management best practices. The article is published on TechRepublic, a technology news and analysis website. The impact on the company is growth-neutral as the article does not provide any information about significant changes or developments. The key theme of the article is security. The key issues discussed in the article are related to customers and partners. The date of the event described in the article is not provided. The confidence level of the answer is 8.
CustomersPartners
growth-positive
Higher Degree, Higher Salary? Not for Some Security Pros
The article discusses the salaries and factors shaping them in the cybersecurity industry. It highlights that academic degrees may not have a significant impact on compensation, and skills are prioritized for higher compensation. The article also mentions that banking, finance, and healthcare sectors offer higher salaries in cybersecurity. Location plays a significant role in salary differences, with security analysts in North America earning more than those in EMEA and APAC. The article is informative and provides insights into the cybersecurity job market.
Expand
growth-positive
Cynet 'Security for Management' Template Communicates Enterprise Security Readiness to Senior IT Management
Cynet has announced the release of the Security for Management template, a resource to help IT security professionals communicate security risks and needs to senior management. The template aims to turn cybersecurity into a business priority, create management awareness, transform cybersecurity into a strategic initiative, and introduce accountability through operational metrics. It provides insights on the NIST framework, a scorecard, cybersecurity stakeholders, and a risk measurement dashboard. The template is available for free download on Cynets registration site. The impact of the article on Cynet is growth-positive as it highlights the companys commitment to providing cybersecurity solutions and resources.
CustomersPartners
Cynet Is Disrupting the Multibillion Dollar Cyber Security Market
growth-positive
Cynet Review: Simplify Security with a True Security Platform
Cynet is a company that offers a consolidated platform for cyber security, aiming to simplify and automate the job of defenders. The article discusses how the complexity of cyber security has increased over the years and how smaller organizations struggle to afford and maintain multiple security solutions. Cynets platform provides comprehensive visibility, prevention, detection, and response capabilities, making it accessible to resource-constrained organizations. The platform is easy to deploy and use, and it offers features such as network mapping, vulnerability management, whitelisting, and automated response. Cynet also includes a 24/7 operations team to complement the expertise of its customers. Overall, the article highlights Cynet as a game changer in the industry, particularly for organizations with limited resources and security expertise.
Customers
growth-positive
Cybersecurity Company Cynet Raises $13M in Series B Funding - FinSMEs
Cybersecurity company Cynet has raised $13 million in Series B funding. The funding round was led by Norwest Venture Partners, Shlomo Kramer, and returning investor Ibex Investors. Cynet plans to use the funds to support its growth and accelerate development. The company offers a holistic detection and response platform that provides enterprise-grade security solutions. Its services include Endpoint Detection & Response, User & Entity Behavior Analytics, Network Analytics, Deception, and a 24/7 SOC. Cynets platform protects against various threats, including ransomware, malware, insider threats, and unknown threats.
Investment
growth-positive
Cynet Offers Free Cybersecurity Platform, Including Comprehensive Ransomware Protection, to UK-based Healthcare Institutions
Cynet is offering a free license of its advanced detection, protection, and response platform, including comprehensive ransomware protection, to healthcare organizations in the UK following the WannaCry ransomware attacks. The offer is aimed at organizations with at least 250 endpoints. Cynets platform utilizes behavioral analysis and correlation engine to detect and terminate WannaCry. The company hopes to cooperate, educate, and share advanced technology to secure the cybersphere.
Customers
growth-positive
Israeli cyber solution co Cynet raises $7m
Israeli cybersecurity company Cynet has raised $7 million in funding from US hedge fund Lazarus. The investment will allow Cynet to strengthen its foundation, develop its threat detection and response technology, and expand its global presence. Cynet aims to target an IPO rather than an acquisition by a larger firm. The company has already experienced rapid growth since its launch, with a client base that includes large-scale enterprises in various sectors. Cynets all-in-one agentless cybersecurity solution, Cynet 360, enables organizations to detect and remediate high-risk threats. The funding from Lazarus highlights the belief that Cynet could become the next cybersecurity giant to emerge from Israel.
InvestmentPublic Trading
Cynet Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 311 |
| Team members | 6 |
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Cynet Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515189686 |
| Crunchbase | cynet-2 |
| Phone | +97239622655 |
| Creator | Sharon Blatt |
| Creator email | dodasher1436@gmail.com |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-11-22T00:00:00.000Z |
| Created | 2015-04-28T00:00:00.000Z |
| Claimed | Yes |