# Cytix and Skan AI secure significant venture capital funding

> Live situation record from CLSTR: https://clstr.news/situations/cytix-and-skan-ai-secure-significant-venture-capital-funding
> Updated: 2026-08-12T08:36:37.000Z. Sources: 6. Developments: 2.

## Timeline

### 2026-08-12: Cytix and Skan AI secure significant venture capital funding

Cytix secured $7 million in Series A funding for cybersecurity risk management, while Skan AI raised $63 million in Series C funding to expand its AI-driven business process automation tools.

3 sources. https://clstr.news/cluster/cytix-and-skan-ai-secure-significant-venture-capital-funding

### 2026-08-11: Cynet reaches $105 million in total funding following Series D round

Cybersecurity firm Cynet has raised a total of $105 million in funding, following a $40 million Series D round led by Dragoneer Investment Group.

3 sources. https://clstr.news/cluster/cynet-reaches-105-million-in-total-funding-following-series-d-round

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Cite as: Cytix and Skan AI secure significant venture capital funding. CLSTR, https://clstr.news/situations/cytix-and-skan-ai-secure-significant-venture-capital-funding