Barcelona-Based Cybersecurity Startup Zynap Secures €5.7 Million to Strengthen Threat Intelligence Solutions

Zynap, a cybersecurity startup headquartered in Barcelona, has raised €5.7 million in its latest funding round to advance its innovative approach to combating cybercrime. By employing generative AI to simulate cyberattack tactics, the company aims to help businesses proactively counter digital threats. The funding will be directed toward further technological development and global expansion efforts.

Barcelona-Based Cybersecurity Startup Zynap Secures €5.7 Million to Strengthen Threat Intelligence Solutions

The funding round was co-led by Kibo Ventures and Kfund, with participation from prominent business angels. Their investment underscores a growing confidence in Zynap’s ability to address the evolving challenges of cybersecurity with its unique solutions.

"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," said Daniel Solis, Founder and CEO of Zynap. Solis, who previously founded and led Blueliv, brings extensive experience in cybersecurity to his new venture. The company also benefits from the guidance of advisors like Pedro Castillo, the founder of Onum and Devo, Spain’s first cybersecurity unicorn.

Zynap's focus lies in redefining threat intelligence by offering actionable and operational insights that are often hard to access. Its solutions are tailored to meet the needs of enterprises and Managed Security Service Providers (MSSPs), enabling them to stay ahead of constantly evolving cyber threats. The company’s emphasis on practicality and results sets it apart from other market offerings, aiming to provide tools that align with the dynamic needs of the industry.

Commenting on the investment, Juan Santamaria, partner at Kibo Ventures, stated, “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.”

Zynap’s platform is specifically designed for MSSPs and Fortune 2000 companies, offering scalable and customizable tools to safeguard against cyberattacks. The company ensures seamless integration with existing systems while delivering measurable outcomes to enhance decision-making capabilities.

By leveraging cutting-edge generative AI alongside advanced cybersecurity technologies, Zynap’s solutions provide businesses with actionable insights to mitigate threats before they materialize. The company is currently preparing a trial version of its product, expected to launch in the coming months.

Zynap’s innovative approach highlights a shift in how organizations approach cybersecurity, focusing on proactive measures rather than reactive responses to digital threats. As the global landscape of cybercrime continues to evolve, the company aims to be a reliable partner for businesses seeking robust, data-driven solutions.