2024 Revenue
$21.2M
Funding
$78M
YOY
26.5%
Team
262
Founded
2015
How Cynet CEO Nikhil Budhiraja grew to $21.2M revenue with a 262 person team in 2024.
Provider of threat detection and response platform designed to simplify security support. The company's threat detection and response platform initiates sophisticated threat analysis, and targets and remediates unknown threats which have bypassed existing perimeters by collecting indicators on 4 fronts, establishing a baseline and correlating indicators to create a risk ranking, enabling clients to avail all-in-one protection in a cost-efficient way.
Last updated
Cynet Revenue
In 2024, Cynet's revenue reached $21.2M. The company previously reported $16.7M in 2023. Since its launch in 2015, Cynet has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Cynet Hit $21.2m revenue in October 2024 | |
| 2023 | Cynet Hit $16.7m revenue in December 2023 | |
| 2021 | Cynet Hit $13.5m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
Cynet Valuation, Funding Rounds
Cynet has not publicly disclosed its valuation. The company has raised $78M in total funding to date.
Cynet has raised $78M in total funding across 4 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Funding round | $40M | - | - | |
| 2020 | Funding round | $18M | - | - | |
| 2018 | Funding round | $13M | - | - | |
| 2016 | Funding round | $7M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Cynet yet.
Cynet Employees & Team Size
Cynet employs approximately 262 people as of 2026, up from 257 in 2023, including 40 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 262 employees (December 2024) |
| 2024 | Reached 255 employees (October 2024) |
| 2023 | Reached 257 employees (December 2023) |
| 2023 | Reached 262 employees (July 2023) |
| 2022 | Reached 279 employees (December 2022) |
| 2021 | Reached 250 employees (December 2021) |
| 2021 | Reached 195 employees (April 2021) |
Frequently Asked Questions about Cynet
What is Cynet's revenue?
Cynet generates $21.2M in revenue.
Who founded Cynet?
Cynet was founded by Nikhil Budhiraja.
Who is the CEO of Cynet?
The CEO of Cynet is Nikhil Budhiraja.
How much funding does Cynet have?
Cynet raised $78M.
How many employees does Cynet have?
Cynet has 262 employees.
Where is Cynet headquarters?
Cynet is headquartered in Boston, Massachusetts, United States.
Compare Cynet to the industry
Cynet operates across multiple industries. Browse revenue, funding, and growth data for Cynet in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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