Cynomi Raises $37M in Series B

Cynomi has successfully raised $37M in a Series B led by Elron Ventures.

Company Overview

Cynomi is a Cybersecurity company headquartered in Tel Aviv, Israel, founded in 2020 with 60+ employees.

AI-powered virtual CISO platform

Fundraising Details

• Amount Raised: $37M
• Round Type: Series B
• Date: 2025-04-25
• Investors: Elron Ventures

About Cynomi

AI-powered virtual CISO platform The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Tel Aviv, Israel
• Founded: 2020
• Team Size: 60+
• Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in Cynomi's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Cynomi's successful fundraising reflects the strong fundamentals and growth potential in this space.

Looking Ahead

With this new capital, Cynomi is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-04-25. For more information about Cynomi, visit their headquarters at Tel Aviv, Israel.