Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity

, By Techcrunch
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Small and medium businesses are the newest targets for cybersecurity attacks, with 1 in 3 breached last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand.

Insight Partners and Entrée Capital are co-leading the round, with previous backers Canaan, Flint Capital, and S16VC also participating. Cynomi previously raised around $23 million (including this seed round we covered in 2022). We understand from sources close to the…



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Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity

, Published By Techcrunch
FundingWorld News


Small and medium businesses are the newest targets for cybersecurity attacks, with 1 in 3 breached last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand.

Insight Partners and Entrée Capital are co-leading the round, with previous backers Canaan, Flint Capital, and S16VC also participating. Cynomi previously raised around $23 million (including this seed round we covered in 2022). We understand from sources close to the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Knew we were onto something meaningful but response blew us away: OpenAI’s Dhariwal on Ghibli trend
Next News
Shankar IAS Academy Records 238 Selections in UPSC 2024, Reinforces National Presence
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