Dropzone AI raises $16.85M in a Series A funding round led by Theory Ventures
04/25/24, 12:07 PM
Location
seattleMoney raised
$16.9 million
Industry
cyber security
machine learning
security
artificial intelligence
Round Type
series a
Investors
Integreon, Postman, Carta, In Q Tel (Iqt), Pioneer Square Ventures, Decibel Partners, Theory Ventures
Dropzone AI, a developer of AI security analysts for security operations teams, has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). The new capital injection will be used to continue scaling its go-to-market motion and its engineering team.
Company Info
Location
seattle, washington, united states
Additional Info
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