Cynetrevenue & funding
Extended Detection and Response (XDR) PlatformsBoston, MassachusettsFounded 2015CEO Nikhil Budhiraja
Cynet is an Extended Detection and Response (XDR) Platforms company based in Boston, founded in 2015.
Cynet revenue
Cynet has not published its revenue. GetLatka estimates it at about $21.2M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $13.5M | – |
| Dec 2023 | $16.7MEST | GetLatka estimate |
| Oct 2024 | $21.2MEST | GetLatka estimate |
– source not recorded
Cynet funding rounds & investors
Cynet has raised $78M across four rounds since 2016. The latest was a $40M funding round in March 2021.
| Date | Round | Raised |
|---|---|---|
| Mar 2021 | Funding round | $40M |
| Jun 2020 | Funding round | $18M |
| Jun 2018 | Funding round | $13M |
| Feb 2016 | Funding round | $7M |
| Total raised | $78M |
Cynet competitors
Cynet competes most directly with CrowdStrike.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 CrowdStrike | $4.8B | $1.1B | 10.4K | 30.9K | 2011 |
| Cynet | $21.2M | $78M | 262 | – | 2015 |
Cynet CEO, founders & employees
Nikhil Budhiraja founded Cynet in 2015 and runs it as CEO. Cynet had 262 employees (December 2024, LinkedIn).
- Nikhil BudhirajaFounder & CEO
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 262 | |
| Oct 2024 | 255 | |
| Dec 2023 | 257 | |
| Jul 2023 | 262 | – |
| Dec 2022 | 279 | |
| Dec 2021 | 250 | |
| Apr 2021 | 195 | – |
Cynet FAQ
What is Cynet's revenue?
GetLatka estimates Cynet's revenue at about $21.2M a year (October 2024). The company hasn't published its own figure.
How much funding has Cynet raised?
Cynet has raised $78M across four funding rounds. The latest was a $40M funding round in March 2021.
How many employees does Cynet have?
Cynet had 262 employees in December 2024, according to LinkedIn.
Who is the CEO of Cynet?
Nikhil Budhiraja is the CEO of Cynet and founded the company in 2015.
Who founded Cynet?
Nikhil Budhiraja founded Cynet in 2015.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Cynet? Join the podcast