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Dropzone Ai Raises $3.5M In Seed Funding To Reinforce The Frontlines Of Security Operations Using Llms

Aug 08, 2023•almost 2 years ago

Amount Raised

$3.5 Million

Round Type

seed

SeattleCyber SecurityMachine LearningSecurityArtificial Intelligence

Investors

Jesse Rothstein, Co Founder And Cto Of Extra HopJon Oberheide Co Founder And Former Cto Of Duo SecurityPangea SecurityOliver FriedrichsPioneer Square Ventures FundDecibel Partners

Description

Dropzone AI, an autonomous alert investigation platform for security operations teams, announced that it has closed on $3.5 million in seed funding, led by Decibel Partners, joined by Pioneer Square Ventures Fund. Notable angel investors such as Oliver Friedrichs, CEO of Pangea Security and founder and former CEO of Phantom Cyber, Jon Oberheide co-founder and former CTO of Duo Security, and Jesse Rothstein, co-founder and CTO of ExtraHop, also participated in the round.

Company Information

Company

Dropzone AI

Location

Seattle, Washington, United States

About

Dropzone AI’s platform delivers pre-trained autonomous AI security agents that work alongside human analysts on security operations teams. It handles the frontline work of investigating the mountain of alerts from security systems. Using cutting-edge LLMs, Dropzone’s agents perform end-to-end investigations mimicking the techniques of elite analysts and enable human analysts to focus on real threats and higher-value work. Founded by cyber defense and AI expert Edward Wu, Dropzone is backed by Decibel, PSL and renowned cybersecurity angel investors and entrepreneurs: Oliver Friedrichs, Jon Oberheide, and Jesse Rothstein. Learn more at Dropzone.ai

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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