Cymphony raised a $25 million Series A round co-led by Sequoia Capital and SMBC Fin Atlas Beyond Fund, TechCrunch and SiliconANGLE reported Sept. 9. The round follows a previously undisclosed seed round also led by Sequoia, bringing the New York and Tel Aviv startup's total funding to $30 million at a valuation over $100 million.
Cymphony builds what it calls a "workforce graph," combining identity, data and activity signals to give security teams visibility into employees, AI agents and other non-human identities and what systems and sensitive data each can reach, according to both outlets. The platform requires no endpoint installation and can deploy in a day, SiliconANGLE reported.
The roughly 30-person company, founded just over two years ago, has already reached seven figures in annual recurring revenue and signed customers including KKR, Syngenta, Cass Information Systems and Athennian, according to TechCrunch. At one U.S. public company, Cymphony found 85,000 files accessible to AI tools, TechCrunch reported.
"Enterprise security was designed for human employees. More and more, there start to be independent entities that are practically joining the workforce, but they're no longer people," Cymphony CEO Shy Dekel told TechCrunch. He described an early customer that connected ChatGPT to SharePoint, giving every intern the ability to query documents from what he called "an incredibly sensitive litigation process," according to SiliconANGLE.
Every team that wires an AI agent into SharePoint, a CRM or a ticketing system is making an access control decision, whether anyone frames it that way or not. Cymphony's pitch, and its funding, is a bet that most companies are making that decision badly.