Cynomi Raises $20M for Global Expansion & Platform Enhancements

Cynomi Raises $20M in Funding for International Expansion

Key Highlights:

• Funding Round: Cynomi, a vCISO platform provider, raised $20 million in funding.
• Investors: Canaan led the round, with participation from Flint Capital, s16vc, and Aloniq.
• International Expansion: The funding will support Cynomi's efforts to expand internationally and enhance its platform offerings.
• Addressing Cybersecurity Skill Gap: Cynomi's vCISO platform empowers MSPs, MSSPs, and consultancies to offer structured cybersecurity services to SMEs, helping them overcome the cybersecurity skill gap and scale their businesses.

Cynomi's Target Market

• Managed Service Providers (MSPs): MSPs looking to enhance their cybersecurity offerings and provide proactive cyber resilience services to their clients.
• Managed Security Service Providers (MSSPs): MSSPs seeking to scale their cybersecurity services and address the cybersecurity skill gap.
• Consultancies: Consultancies aiming to offer structured cybersecurity services to SMEs and expand their service portfolio.

What Cynomi Needs to Buy

• Technology Enhancement: Investments in research and development to enhance the vCISO platform's capabilities and features.
• International Expansion Support: Resources and partnerships to support Cynomi's expansion efforts in new markets.
• Partnership Opportunities: Collaborations with MSPs, MSSPs, and consultancies to empower them with Cynomi's vCISO platform and expand their cybersecurity service offerings.