Dropzone AI raises $16.85M in a Series A funding round led by Theory Ventures
Apr 25, 2024•over 1 year ago
Amount Raised
$16.9 Million
Round Type
series a
Investors
IntegreonPostmanCartaIn Q Tel (Iqt)Pioneer Square VenturesDecibel PartnersTheory Ventures
Description
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech