Zynap, a pioneering Spanish startup utilizing generative AI to combat cybercrime, has officially launched with €5.7 million in seed funding. The round was led by Kibo Ventures and Kfund, marking a significant step forward in the fight against sophisticated digital threats.
Zynap’s cutting-edge technology generates false cyberthreats using large language models (LLMs), creating a new layer of defense against increasingly complex cyberattacks. Designed to integrate seamlessly with existing tools and frameworks, the solutions reduce error risks while offering the flexibility to adapt to specific client needs across various sectors.
“Cybercrime is an ever-evolving challenge that demands advanced technology and innovative strategies,” said Daniel Solís, Zynap’s CEO and founder. Solís, who previously founded Blueliv, brings a wealth of expertise to this new venture. “Our mission is simple yet ambitious: Outsmarting Cybercrime. With the support of our investors, we aim to redefine how organizations approach cybersecurity.”
The global cybersecurity landscape has grown increasingly complex, driven by factors such as the rise of cloud computing, IoT devices, and the shift to remote work. This has opened new attack surfaces, with organizations facing threats ranging from ransomware and social engineering to state-sponsored operations. Zynap’s approach leverages AI to address these evolving risks, offering large enterprises and managed security service providers (MSSPs) a robust tool to stay ahead.
The company’s funding will be directed toward advancing its proprietary technology and accelerating its expansion across Europe. With headquarters in Barcelona, Zynap also plans for rapid international growth in the near future.
“We’re thrilled to invest in this exceptional team for the second time,” commented Juan Santamaría, partner at Kibo Ventures. “Their distinctive product and unparalleled expertise position them to make a significant impact on the cybersecurity industry.”
Echoing this sentiment, Jaime Novoa, partner at Kfund, added, “Zynap stands out with its clear vision and a solution that directly addresses critical challenges for large enterprises and MSSPs. We’re excited to support this game-changing venture.”
With its experienced leadership and innovative AI-driven approach, Zynap is set to become a pivotal player in the global cybersecurity arena.
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