Cynet Obtains $7,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a69c0c17-0ad1-4868-bab0-46fb6142dca1 - Date
2/11/2016 - Company Name
Cynet - Mailing Address
17 State Street New York, NY 10004 USA - Company Description
Cynet originated as part of the BugSec Group. Cynet was created in response to the growing prevalence of advanced persistent threats (APTs) and targeted attacks from unknown origins. - Website
http://www.cynet.com - Transaction Type
Venture Equity - Transaction Amount
$7,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The company, which also has the option to take additional funding from Lazarus, intends to use the funds to continue to develop its threat detection and response technology, while expanding its worldwide presence. - M&A Terms
- Venture Investor
Lazarus Hedge Fund
