Cynet’s New CEO Jason Magee Seeks Scalable US Market Expansion

Start XDR, Security OperationsFormer ConnectWise CEO Plans US Growth, Operational Maturity, Product Innovation Michael Novinson ( MichaelNovinson ) • February 5, 2025 &nbsp, &nbsp,

Jason Magee, CEO, Cynet ( Image: Cynet )

In order to increase the cybersecurity platform’s operating maturity, increase brand visibility, and grow partnerships, Cynet appointed the long-standing leader of ConnectWise as its new chief executive.

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The Boston-based company tasked Jason Magee with strengthening Cynet’s partner habitat, boosting its market approach, and refining its product offerings. Magee started Monday and replaced Eyal Gruner, who founded Cynet in 2015, served as the company’s CEO since its inception, and will now transition to the company’s board of directors.

According to Magee,” It checked all the boxes for what I was looking for in my next phase of my journey.” ” It had to have an aspect of a platform, cybersecurity and AI automation. As I researched and learned more about Cynet, it turns out it fits all of those criteria.

Magee most recently spent 13-and-a-half years at MSP software titan ConnectWise, culminating in a nearly six-year stint as the company’s CEO. ConnectWise employs more than 3, 000 people and has been owned since 2019 by private equity firm Thoma Bravo, which stands in stark contrast to Cynet, which employs just 260 people and has raised$ 78 million, including a$ 40 million Series C led by Greenfield ( see: ).

How Tenure Leading ConnectWise and CEO Role Comparable to Tenure

Working for ConnectWise helped Magee understand the operational difficulties that arise at various revenue levels and how to overcome them. It directly applies to Cynet’s mission that working there gave him experience defending SMBs against cyber threats. Given Cynet’s channel-driven approach, Meagee said his experience working with VARs and MSPs will be of particular benefit.

” What I was focused on doing at other organizations, and my passion and experience around cybersecurity and defending against the bad guys at small and medium-sized businesses, I could carry a lot of that into this role as well,” Magee said.

Magee said he values outgoing CEO Gruner’s industry experience, connections, and historical knowledge of the company, and will lean on Gruner for strategic decisions, customer engagement and long-term company direction. Additionally, Magee said Gruner’s relationship with employees and partners will help ensure a smooth transition.

” He’s going to be a go-to person for me”, Magee said. He “has a track record in cybersecurity that speaks for itself and the historical context.” I’ll be tapping into that, collaborating with Eyal on many fronts”.

At a large company like ConnectWise, Magee said many processes and policies are already established, making the CEO’s role more about optimization and refinement. At Cynet, Magee said the leadership team must be hands-on, often wearing multiple hats to ensure growth. The importance of established foundational processes is stressed while still maintaining agility and innovation, according to Mahagee.

” People have to wear multiple hats on occasion”, Magee said. Everyone needs to roll up their sleeves, even me, because we lack the resources that a larger organization like ConnectWise does.

Where Magee Sees Potential Growth at Cynet

Magee said he intends to make Cynet’s platform more user-friendly and intuitive, customer-centric customer service, and continue investing in automation and AI. To differentiate Cynet, Magee said the company’s platform must be affordable for small and medium-sized businesses and continuously improving, with new features being added.

The platform makes it a little simpler for CISOs and their teams, who are tasked with protecting against threat actors from ingraining into their organizations, Magee said. That is something that can significantly improve their situation in that regard.

Magee identified education, manufacturing and healthcare as key growth sectors for Cynet because they have lean security teams with limited budgets, need affordable, all-in-one cybersecurity solutions, and benefit from Cynet’s 24/7 SOC support. Stringent compliance rules in healthcare and education make cybersecurity a high priority, while Cynet’s all-in-one model helps address budget constraints.

Currently, Cynet’s revenue mix is 35 % North America and 65 % international. By bolstering sales and marketing efforts in the U.S. and Canada, strengthening partnerships with VARs and MSPs in North America, and aggressively competing against key cybersecurity players in the region, Magee aims to make this 60 % North American and 40 % international.

” They’ve been building out the team here, and have a good foundation for a team domestically”, Magee said. ” But now we have the opportunity to capitalize on that and compete with some of the current market players,” he said.

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