Cybersecurity startup Cynet announced earlier this week that it raised $7 million from Lazarus Management Company.

The Tel Aviv-based company offers a “solution for detection and remediation of advanced and unknown threats” to enterprises.

The investment will be used to further work on its threat detection and response technology, as well as fueling international expansion, Cynet said.

Cynet said that it has access to more money from the firm “if it chooses to do so.”


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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. Its fla... All Cynet news »

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