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.”


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member