Funding Daily: Cybersecurity startup Cynet raises $7M from Lazarus

Cybersecurity startup Cynet announced earlier this week that it raised $7 million from Lazarus Management Company.

The Tel Aviv-based company offers a “solution for detection and remediation of advanced and unknown threats” to enterprises.

The investment will be used to further work on its threat detection and response technology, as well as fueling international expansion, Cynet said.

Cynet said that it has access to more money from the firm “if it chooses to do so.”