Cynomi raises $37M in Series B funding to expand cybersecurity services for service providers
From GlobeNewswire: 2025-04-23 07:00:00
Cynomi, a vCISO platform provider, completes a $37 million Series B funding round, led by Insight Partners and Entrée Capital. The investment aims to accelerate product development and global expansion, solidifying Cynomi’s position in cybersecurity services for different service providers, with 3x ARR growth in 2024 and plans for further market expansion.
Cynomi’s investment will enhance its agentic cybersecurity capabilities, empowering service providers to deliver superior cybersecurity services. By focusing on adding cutting-edge cybersecurity capabilities and improving market delivery, the company aims to meet the increasing demand for cybersecurity services in the vCISO market, driving efficiency and scale for service providers and their clients.
The investment marks a significant milestone for Cynomi, supporting its goal to set a new industry standard for cybersecurity and compliance management. With a platform focused on automation and actionable insights, Cynomi aims to streamline cybersecurity processes, boost productivity, and drive efficiency for service providers worldwide, positioning the company as a standout in the cybersecurity market.
Cynomi has received industry recognition, including awards such as SC Awards, CRN Security 100, CRN Stellar Startups, and IT-Harvest 150. The company supports the cybersecurity community through initiatives like the vCISO Academy and vCISO Directory, providing resources and education for cybersecurity professionals. Cynomi’s vCISO platform is trusted by hundreds of service providers worldwide.
Insight Partners, a global software investor, has over $90B in assets under management and has invested in over 800 companies worldwide. The firm partners with high-growth technology companies driving transformative change in their industries. With a mission to find, fund, and work successfully with visionary executives, Insight provides tailored, hands-on software expertise to its portfolio companies, from investment to IPO.
Entrée Capital, a global venture capital firm, manages $1.25 billion across nine funds and invests in sectors like AI, SaaS, and Cyber. The firm supports innovative startups from Pre-Seed to Series B, with a portfolio that includes companies like monday.com, Riskified, and Deliveroo. Entrée’s investments span across various industries, aiming to drive transformative change and growth for its portfolio companies.
Read more at GlobeNewswire:: Cynomi Secures $37M in Series B Funding to Expand Agentic