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Just raised $40M Series B - high purchase intent window

Mixmode Raises $45 Million In Series B Funding Round Led By Psg To Automate Cyberattack Detection

Mar 23, 2022•over 3 years ago

Amount Raised

$45 Million

Round Type

series b

Santa Barbara

Description

MixMode, a leading provider of self-learning solutions to detect cyberattacks in real time, announced today that it has raised $45 million in a Series B funding round led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies to help accelerate their growth, with participation from existing investor Entrada Ventures.

Company Information

Company

Mix Mode

Location

Santa Barbara, California, United States

About

The MixMode platform is the first cybersecurity platform to leverage "Third Wave" AI (as defined by DARPA), utilizing an advanced self-supervised learning model to surface both known and novel attacks, as well as misconfigurations and other vulnerabilities. This self-supervised approach is led by MixMode's CTO and chief scientist, Dr. Igor Mezic, who has 20+ years of experience developing advanced AI technology that has been used for projects with DARPA, Air Force, Army, CDC and many others. MixMode is used across many industries and addresses the needs of customers for various use cases, including: NTA, UEBA, NDR and/or SIEM. The company is headquartered in Santa Barbara, CA. Visit us at www.mixmode.ai.

FundzWatch™ Score

Medium Activity

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