Cynet offers an Autonomous Breach Protection platform that natively integrates cross-layered detection and response across endpoint, user and network layers. Its platform includes an incident engine that fully automates investigation and remediation actions. The company also provides a 24/7 Managed Detection and Response (MDR) service. Cynet is led by co-founder and CEO Eyal Gruner. The company announced it will use the funds to expand its business reach in North American and European markets. Cybersecurity researcher Chris Roberts joined as Chief Security Strategist to help guide organizations on consolidation and automation of security solutions. Cynet offers an autonomous breach protection platform that consolidates and automates monitoring and control, attack prevention and detection, and response orchestration across the entire environment. It delivers these capabilities by continuously collecting and analyzing endpoint, user, file and network activities across the protected environment. The company raised $18M in a Series B+ round and has now raised a total of $38M. Founded in 2015 by Eyal Gruner and Netanel Amar, Cynet is based in New York City and Rishon Le'Zion, Israel. It intends to use the funds to expand in the U.S. and international markets and to further develop its CyOps team. Cynet develops the Cynet 360 holistic detection and response platform, a single enterprise-grade solution that enables organizations to protect, prevent, detect and remediate threats without managing multiple technologies. The platform bundles Endpoint Detection & Response, User & Entity Behavior Analytics, Network Analytics, deception capabilities and a 24/7 CySoc to provide rapid, automated response and remediation. Cynet says the platform implements, analyzes and begins detecting across tens of thousands of endpoints in under two hours, can cover thousands of endpoints in minutes, and that millions of endpoints worldwide are protected by Cynet 360. By consolidating multiple security functions into one solution, Cynet targets small and medium enterprises that lack resources to select, integrate and manage dozens of products. Management states the company will use the new funding to bolster rapid growth and continue product development, enabling any size company to achieve enterprise-grade security while saving time, manpower and money. Cynet offers an agentless detection and remediation solution for advanced and unknown threats, including unsigned malware and zero‑day attacks. Its flagship product, Cynet 360, correlates and analyzes indicators from files, network, endpoints and user behavior to uncover threats that bypass prevention layers. An integrated 24/7 SOC validates threats and assists customers with remediation while reducing false positives. The company serves a global client base that includes dozens of large-scale enterprises across finance, healthcare, government, retail and industrial sectors. Cynet plans to use new funds to continue developing its threat detection and response technology and to expand its worldwide presence. The company was founded in 2015 and operates from New York and Tel Aviv.

Total raised

$78M

Funding rounds

4

Latest round

Series C

Latest activity

Mar 2021