What does Cynomi do?
Cynomi provides an AI-powered vCISO platform designed for managed service providers (MSPs) and managed security service providers (MSSPs). The platform automates cybersecurity and compliance processes, such as risk assessment, compliance readiness, and remediation planning, reducing manual work by up to 70% while enhancing service quality.
How much did they raise?
The company raised $37M in a Series B round led by Insight Partners and Entrée Capital, with participation from existing investors including Canaan, Flint Capital, and S16VC.
What are their plans for the money?
Cynomi intends to use the funds to accelerate product development and fuel its global expansion. This move is expected to help the company consolidate its market position and enable more service providers to scale their cybersecurity operations effectively.
What have they achieved so far?
Cynomi has already demonstrated its commitment to supporting the cybersecurity community through initiatives like its vCISO Academy and vCISO Directory, which provide valuable resources and training for cybersecurity professionals.
