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§ Private Profile · New York City, NY, USA
Cybersecurity platform offering all-in-one, agentless threat detection, investigation, response, endpoint management, and compliance.
Cynet is a cybersecurity organization providing an automated, agentless threat detection, investigation, and incident response platform, with primary operations based in Boston, Massachusetts, and Tel Aviv, Israel. The enterprise-grade software is designed to consolidate endpoint management, risk compliance, and remediation for mid-market organizations lacking the extensive security resources typically found within Fortune 1000 corporations. The venture-backed firm has secured multiple financing rounds to scale its operations, including an early $7 million investment from hedge fund Lazarus and a $40 million Series C funding tranche in March 2021. Operating primarily through channel partnerships with managed service providers, the company maintains a workforce of over 40 employees in its North American headquarters under the leadership of former ConnectWise chief executive officer Jason Magee. Cynet was established in 2015 by co-founders Eyal Gruner, Idan Amir, and Boaz Zilber.
Cynet has raised $78.0M across 4 funding rounds.
Cynet has raised $78.0M in total across 4 funding rounds.
Cynet is a cybersecurity company that builds an all-in-one, AI-powered platform unifying endpoint, network, user behavior, email, SaaS/cloud, and mobile security with automation, XDR, and 24/7 MDR support.[1][2][3] It serves managed service providers (MSPs) and small to medium enterprises (SMEs), solving the problem of complex, resource-intensive cybersecurity by delivering enterprise-grade protection that's simple, automated, and affordable for lean teams.[1][2][3][4] Cynet automates threat detection, response, and remediation—reducing manual incident handling by 90% and achieving 50-times faster results—while achieving perfect MITRE ATT&CK scores with zero false positives.[1][2][3]
The platform deploys in under two hours across thousands of endpoints, supports compliance standards like SOC 2, ISO 27001, NIST, HIPAA, and PCI DSS, and is backed by CyOps MDR experts and CyAI for proactive threat hunting.[2][3] Thousands of organizations trust Cynet, with 95% user recommendation and top-tier 2025 MITRE results.[3][4]
Founded in 2014 as Cyber Spear and later rebranded to Cynet, the company is headquartered in Boston, Massachusetts.[1] Key founders include Eyal Gruner, a board director with strategic oversight.[4] The idea emerged to democratize enterprise-grade cybersecurity for SMEs and MSPs lacking Fortune 1000 resources, focusing on unified platforms to simplify threat detection and response.[1][4]
Early traction built on integrating multiple security layers into one automated solution, evolving into an AI-driven platform with 24/7 MDR. Leadership expanded with experts like CEO Jason Magee, CTO Aviad Hasnis, and CRO Alan Komet, supported by investors such as Shlomo Kramer (serial cybersecurity entrepreneur), Vintage, Greenfield, BlueRed, and NVP.[4] Pivotal moments include back-to-back perfect MITRE evaluations and global scaling to thousands of customers.[3][4]
Cynet rides the wave of escalating cyber threats targeting SMEs/MSPs, where attackers exploit gaps in siloed tools amid rising AI-driven attacks and regulations like NIS2/DORA.[2][3] Timing is ideal as cybersecurity shifts from point solutions to unified XDR platforms, with SMEs facing 50%+ of breaches but lacking resources—unified automation addresses this by enabling "enterprise-grade without enterprise burden."[1][3][4]
Market forces favoring Cynet include MITRE-validated superiority over fragmented competitors, AI advancements reducing false positives, and demand for MDR in understaffed teams.[1][2] It influences the ecosystem by setting benchmarks for accessible security, empowering MSPs to serve more clients securely and accelerating SME digital resilience.[3][4]
Cynet is poised for accelerated growth through AI enhancements in CyAI, expanded MDR globally, and deeper MSP integrations amid rising threats.[2][3] Trends like zero-trust evolution, quantum-resistant encryption, and regulatory mandates will amplify demand for its unified model, potentially capturing more market share from legacy vendors.[1][3] Influence may evolve by pioneering AI SOC agents, fostering partner ecosystems, and leading SME compliance—reinforcing its mission of absolute cybersecurity confidence for all.[4] This positions Cynet as a cornerstone for lean teams navigating an ever-evolving threat landscape.
Cynet has raised $78.0M across 4 funding rounds. Most recently, it raised $40.0M Series C in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2021 | $40M Series C | Greenfield Partners | BlueRed Partners, Deutsche Telekom, Norwest Venture Partners, Vintage Investment Partners | Announced |
| Jun 29, 2020 | $18M Series B | Telekom Innovation Pool | Yishai Klein, Ibex Investors, Merlin International, Norwest Venture Partners | Announced |
| Jun 1, 2018 | $13M Series B | Dror Nahumi | Battery Ventures, Cyberstarts VC, Rakesh K. Loonkar, Ibex Investors | Announced |
| Feb 10, 2016 | $7M Venture Round | Lazarus | — | Announced |
Cynet has raised $78.0M in total across 4 funding rounds.
Cynet's investors include Greenfield Partners, BlueRed Partners, Deutsche Telekom, Norwest Venture Partners, Vintage Investment Partners, Telekom Innovation Pool, Yishai Klein, Ibex Investors, Merlin International, Dror Nahumi, Battery Ventures, Cyberstarts VC.