Cynomi Raises $37 Million Series B to Expand Its vCISO Platform

Summary: Cynomi, a startup providing a virtual Chief Information Security Officer (vCISO) platform, has secured million in Series B funding to enhance its AI-driven services for Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs). The funding will help scale its operations and market presence in the US and Europe while expanding its offerings to new service providers. Cynomi aims to automate strategic security management functions rather than just focusing on operational tasks.

Affected: Cynomi, Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs)

Keypoints :

• Funding amount: million in Series B financing.
• Primary use of funds: Accelerate the development of its AI-driven vCISO platform and expand market reach.
• Target audience for the platform includes MSPs, MSSPs, consultancies, telecommunications companies, and potentially system integrators and resellers.
• Global presence with offices in Israel, the UK, and the USA.
• Co-led by Insight Partners and Entrée Capital, with participation from existing investors.