Cynomi Overview
Cynomi's multitenant platform automatically generates everything needed to provide vCISO services at scale: Risk and compliance assessments, gap analysis, tailored policies, strategic remediation plans with prioritized tasks, tools for ongoing task management, progress tracking and customer-facing reports. The Cynomi platform fuses proprietary AI algorithms, modeled after CISOs, with the unique cyber profile of each organization and external resources. The company delivers a full vCISO operations dashboard, including everything a vCISO needs to assess the posture and risk level of each client and mitigate the gaps.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
The cyber startup aims to fill the CISO gap with automated, scalable security guidance.
Cynomi, an Israeli cybersecurity startup, has raised $37 million in a Series B funding round led by Insight Partners and Entrée Capital, with participation from existing investors Canaan, Flint Capital, and S16VC. The company aims to address the shortage of cybersecurity professionals by providing an AI-powered virtual Chief Information Security Officer (vCISO) platform for Managed Service Providers (MSPs) and other service providers. The funds will be used to accelerate product development and expand Cynomis presence in the U.S. and Europe. Founded in 2021, Cynomi has seen significant growth, tripling its annual recurring revenue in 2024. The company plans to extend its offerings to a broader range of service providers and enhance its sales operations in the U.S. and Europe.
InvestmentExpand
growth-positive
Cynomi, a Tel Aviv, Israel-based vCISO platform for managed service providers (MSPs) and managed security service providers (MSSPs), raised $37M in Series B funding
Cynomi, a Tel Aviv-based vCISO platform for MSPs and MSSPs, has raised $37 million in Series B funding. The investment round was led by Insight Partners and Entrée Capital, with participation from existing investors Canaan, Flint Capital, and S16VC. The funds will be used to accelerate product development, expand globally, and strengthen its market position. Cynomis AI-powered platform helps service providers manage cybersecurity more efficiently by automating processes and reducing manual work. The company also supports the cybersecurity community through initiatives like the vCISO Academy and Directory.
InvestmentExpand
growth-positive
Cynomi Enters into Strategic Partnership with Cavelo to Offer Comprehensive Cyber Solutions
On August 14, 2024, Cynomi, a leading vCISO platform provider for MSPs and MSSPs, announced a strategic partnership with Cavelo, an attack surface management technology provider. This collaboration aims to integrate Cavelos scan results with Cynomis content and logic through an API, enhancing vulnerability management, continuous assessment, sensitive data discovery, and asset management. The partnership is expected to provide a more comprehensive and seamless customer experience, benefiting MSPs and MSSPs by strengthening their cyber risk measurement and vCISO processes. The joint go-to-market strategy will help both companies deliver superior cybersecurity services to their clients.
Partners
growth-positive
Cynomi Brings its Strategic Cybersecurity Offerings to Europe
Cynomi, a leading vCISO platform provider for MSPs and MSSPs, has expanded its services to European clients, ensuring data remains in Europe. Following its successful North American rollout, Cynomi aims to address the demand for vCISO and strategic cybersecurity services across Europe, supporting various compliance frameworks like GDPR and ISO-27001. The company recently secured $20 million in Round A funding and established a European sales office. Cynomis AI-powered platform helps MSPs and MSSPs enhance their cybersecurity services, ensuring compliance and operational efficiency. The expansion is expected to improve client retention, increase recurring revenue, and provide upsell opportunities.
CustomersPartnersInvestmentExpand
Growth-Positive
Cynomi raises $20 million Series A to automate CISO tasks for SMEs | CTech
Cynomi, a provider of a virtual Chief Information Security Officer (vCISO) platform for Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs), has raised $20 million in a Series A round. The round was led by Canaan, with participation from Flint Capital, s16vc, and Aloniq. Cynomis platform uses AI to automate many vCISO tasks, helping providers achieve more cyber resilience for their clients, typically SMEs, at a lower cost. The company, founded in 2021, has 25 employees across offices in Israel, the UK, and the USA.
InvestmentExpand
| Sector | Cyber Security |
Funding
| Total funding | $60.5M |
| Last funding | $37M |
| Stage | B |
| Rounds | 3 |
| Investors | 9 |
Team Members
11
Employees: 51-200
Web & Social Links
| Website | cynomi.com |
| Careers | Careers page |
Locations
Arik Einstein St 3, Herzliya, Israel
160 City Road, London, UK
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