HomeBusinessCynet raised $40M to expand in the North American and European markets

Cynet raised $40M to expand in the North American and European markets

Cynet is an autonomous breach protection startup. Recently, it announced the raising of $40M to expand its operations in the North American and European markets. The funding was a Series C round and some major investment partners participated. Cynet was established in 2015 and offers a robust breach protection platform. israel cynet aipowered 40m n. america.

Cynet relies on AI-powered solutions to stop cyberattacks. The company has its own 360 protection platform that offers cross-layered detection. It also offers more response along with network and user attack prevention. Cynet is also evolving as the market leader in detecting breaches. Cynet XDR is the company’s cross-layered detection and response platform. It relies on advanced access control, network detection and response. israel cynet aipowered 40m series n.

Moreover, the completely automated attack investigation is a notch above other solutions. Cynet claims that its autonomous breach protection platform offers users the best-in-class adaptive protection. It also comprises the widest set of commodity and sophisticated threats with zero operational costs. The CEO of Cynet is of the view that his company has experienced expansive growth in the last few years.

He further added that Cynet is simplifying cyber threats and the way they are perceived in this digitized age. The CEO is hopeful of the funding and stated that the amount raised will help the company to expand its client and employee base. Besides funding, Cynet also announced the joining of cybersecurity researcher Chris Roberts. He is joining the company as the chief security strategist. When asked, Roberts said that he empathizes with cybersecurity teams across the world. He is eager to work with the clients of Cynet and develop solutions tailored to their unique requirements.  

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