Cynet
2024 Revenue
$21.2M
Funding
$78M
YOY
26.5%
Team
262
Founded
2015
How Cynet CEO Nikhil Budhiraja grew Cynet 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 |
|---|---|
| 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 |
|---|---|---|---|---|
| 2021 | Funding round | $40M | - | - |
| 2020 | Funding round | $18M | - | - |
| 2018 | Funding round | $13M | - | - |
| 2016 | Funding round | $7M | - | - |
Cynet Employees & Team Size
Cynet employs approximately 262 people as of 2026, up from 257 in 2023.
Cynet has 262 total employees in different roles and functions and 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) |
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.
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.
People Also Viewed
CrossTEK Technology
CrossTEK Technology is a SaaS mobile internet application service provider company.
Archer
Technology-enabled service provider that delivers outsourced operations to help investment managers grow through new product innovation and cost management
cj Advertising
Innovative marketing and advertising agency that specializes in working with exclusively personal injury law firms
BookingPal
BookingPal provides a global distribution system and a centralized booking platform for vacation rental properties. It allows owners/managers of vacation rental properties, timeshare resorts, campgrounds and RV parks worldwide to increase their online presence and number of bookings.
Mino Games
Mobile games company
Onset Financial
Firm in the equipment lease and finance industry, with a best-in-class team and an award-winning culture boasting consistent growth
Compare Cynet to the industry
Cynet operates across multiple industries. Browse revenue, funding, and growth data for Cynet in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .