Barcelona-based cybersecurity startup Zynap has announced its latest funding round, securing €5.7m to enhance its threat intelligence solutions and fuel expansion plans.
The funding round was co-led by Kibo Ventures and Kfund, with participation from key business angels, according to a report from EU Startups.
The investment is set to accelerate Zynap’s technology development and support its expansion into new markets.
Zynap provides cutting-edge threat intelligence solutions that deliver actionable insights to enterprises and managed security service providers (MSSPs).
The company’s platform is designed to help businesses stay ahead of evolving cyber threats by offering a unique combination of operational intelligence and predictive capabilities.
Zynap plans to launch a trial version of its product in the coming months.
The company’s focus is on providing agile, scalable, and effective tools that integrate with existing cybersecurity frameworks while offering customisation to meet sector-specific needs.
Zynap CEO Daniel Solís said, “Our mission is simple yet ambitious: Outsmarting Cybercrime. We believe cybercrime is a challenge that cannot be tackled with generic solutions but requires advanced technology, reliable data, and a disruptive approach.”
Juan Santamaría, partner at Kibo Ventures, said, “We’ve known the team for over a decade, and it’s inspiring to see them come together again, stronger and more experienced, around such a distinctive and essential product for the cybersecurity industry. We’re thrilled to invest in this team and their new venture for the second time.”
Jaime Novoa, partner at Kfund, added, “We’re investing in Zynap because we see an extraordinary team with a clear vision and a product that solves real problems for large enterprises and MSSPs. We’re excited to be part of this journey.”
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