Cynomi has announced a $37 million Series B funding round, aimed at enhancing its cybersecurity platform. The funding, co-led by Insight Partners and Entrée Capital, follows significant growth for the company, which reported a threefold increase in annual recurring revenue in 2024. Cynomi’s Co-founder and CEO David Primor stated that the new capital will focus on developing agentic artificial intelligence capabilities and expanding their global market presence. Philine Huizing, managing director at Insight Partners, noted that Cynomi has shown remarkable growth and product-market fit in the managed service provider and managed security service provider sectors. The company aims to automate services and extend support offerings, addressing the rising demand for strategic cybersecurity solutions among service providers.
Why do we care?
Cynomi’s $37M Series B isn’t just a funding headline—it’s a signal flare for where the cybersecurity market is headed, especially in the MSP and MSSP space. Cynomi’s investment in agentic AI—AI that acts autonomously on behalf of users—aligns with a broader shift from reactive cybersecurity to strategic, continuous security enablement.
That kind of ARR growth signals real demand. SMBs and mid-market clients are increasingly outsourcing security strategy—not just tools—and MSPs need scalable ways to meet that demand. Cynomi’s traction validates this need.
If you’re still selling security as a bundle of tools, you’re behind. The future is outcome-based, intelligent, and agent-led. The question is who will get there.