Cynomi, a London, UK and Herzliya, Israel-based Virtual CISO Platform for service providers and SMBs, raised $3.5 million in seed funding.
Backers included Flint Capital, SeedIL, Lytical Ventures, and a group of business angels, including Nir Giller, co-founder of CyberX (acquired by Microsoft).
The company, which also received two grants totaling $500K from Innovate UK, intends to use the funds to scale its R&D efforts and expand and strengthen its presence in the US and UK markets.
Company: Cynomi Ltd.
Raised: $3.5M
Round: Seed Round
Funding Month: February 2022
Lead Investors: Flint Capital, SeedIL, Lytical Ventures, and Nir Giller
Additional Investors:
Company Website: https://www.cynomi.com/
Software Category: Cybersecurity operations platform
About the Company: Led by David Primor, co-founder & СЕО, Cynomi is a leading strategic cybersecurity operations platform that automates cybersecurity knowledge and expertise to empower teams with little to no in-house expertise, to easily defend against cyber threats while driving growth. Cynomi automates previously manual operations to enable Managed Service Providers supporting small and medium businesses to deliver enterprise-grade cybersecurity services at a higher quality, scale, and rate. The solution’s automated, tailored security policies and prioritized action plans help its customers to build and execute an effective NIST-based cyber strategy in hours. The team is already working with HOT, one of the largest telecoms in Israel, and with a growing number of MSPs and MSSPs in the US, UK and Israel.
Source: https://www.finsmes.com/2022/02/cynomi-raises-3-5m-in-seed-funding.html