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Dropzone AI raises $16.85M in a Series A funding round led by Theory Ventures

Apr 25, 2024over 1 year ago

Amount Raised

$16.9 Million

Round Type

series a

SeattleCyber SecurityMachine LearningSecurityArtificial Intelligence

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.

Company Information

Company

Dropzone AI

Location

Seattle, Washington, United States

About

Dropzone AI weaponizes LLMs for cyber defenders, equipping them with armies of AI agents so that they can overmatch attackers. With Dropzone autonomously handling routine Tier 1 alert triage, organizations can spend less time on reactive security and more time on proactive security. The Dropzone AI SOC Analyst replicates the techniques of elite analysts and is trusted by more than 100 organizations, including Mysten Labs, Pipe, UiPath, and Zapier.

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Funding Insights

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Tech investment trends
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