Cynomi has raised $37 million in funding to enhance its AI-driven 'virtual CISO' aimed at small and medium businesses (SMBs) facing rising cybersecurity threats. Co-led by Insight Partners and Entrée Capital, the funding will fuel R&D and business development. Founded by former Israeli Defense Forces CTO David Primor, Cynomi offers automated decision-making tools for security operations, enhancing budget-friendly cybersecurity solutions for SMBs. Currently, 80% of its clientele is in the U.S., with plans for European expansion. The startup's annual recurring revenue has tripled, indicating strong market demand.