Cynomi raises $37 million Series B to replace CISOs with AI

Here’s the information summarized from the provided text about Cynomi:

Company Overview

• Startup Name: Cynomi
• Founded: 2021
• Founders:
  • David Primor (CEO): Former Lt. Colonel in IDF unit 8200 and Technology Executive Director of Israel’s cyber authority.
  • Roy Azoulay (COO): Serial entrepreneur and former head of Oxford University’s startup incubator.

Funding Details

• Series: Series B
• Amount Raised: $37 million
• Date: (Not specified)
• Co-leads:
  • Insight Partners
  • Entrée Capital
• Other Investors:
  • Canaan
  • Flint Capital
  • S16VC

Purpose of Funds

• Accelerate product development
• Expand footprint in the U.S. and Europe
• Extend offerings to a wider range of service providers, including integrators and resellers

Company Product

• Product: AI-powered virtual Chief Information Security Officer (vCISO) platform
• Target Audience: Managed Service Providers (MSPs), Managed Security Service Providers (MSSPs), consultancies, and telecom firms.

Performance

• Annual Recurring Revenue (ARR):
  • Tripled in 2024
  • 4.5x growth the previous year

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2025-04-23 14:00:00