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10 Cool Tech Startups That Raised Funding In June 2020

Kyle Alspach

Big-data and security innovators were among the startups that hauled in funding rounds in June.

Cynet

Headquarters: New York

CEO: Eyal Gruner

Funding: $18 million

Investors: BlueRed Partners (led the round), Deutsche Telekom, Merlin International, Norwest Venture Partners, Ibex Investors

What Cynet does: Provides an autonomous breach protection platform that brings together monitoring and control, attack prevention and detection and response orchestration

CEO Quote: “Having this esteemed list of investors participating in Cynet‘s success is instrumental as we continue our evolution and enter the next phase of growth. This round of financing provides additional runway to execute further with our growing family of partners and customers, while aggressively expanding our footprint globally.”

 
Kyle Alspach

Kyle Alspach is a Senior Editor at CRN focused on cybersecurity. His coverage spans news, analysis and deep dives on the cybersecurity industry, with a focus on fast-growing segments such as cloud security, application security and identity security.  He can be reached at kalspach@thechannelcompany.com.

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