AI for Enterprise Security

Updated: December 21, 2021

2021. Cequence adds $60M Series C to improve API security

Cequence Security that has just closed a $17 million Series B was concentrating on security to protect business logic. While it still does that, it has shifted focus to API security, and today it announced a $60 million Series C. The startup was seeing more vulnerabilities through APIs with customers, and they began to shift the focus of the Cequence analytics engine to find those kinds of vulnerabilities. Cequence looks at approximately 150 data points to determine if the activity is something to worry about.

2021. Attack surface management startup CyCognito raises $100M

CyCognito, a startup helping to prevent cyber attacks, has raised $100 million Series C. Like any attack surface management company, CyCognito is looking at the range of assets a company has and looking for gaps in security, but the comprehensiveness of the company’s approach is what differentiates it from the pack. It's leveraging machine learning-based, attack surface management to understand what’s out there. And it's the first company to automate security testing at the scale of millions of assets

2021. Voxel raises $3M to make warehouse security cameras more safety conscious

Warehouses and distribution centers are already blanketed in security cameras, but unless someone is actively monitoring them, a lot of the footage goes unexamined. Voxel wants to change that by inviting its on-premises pixel-peeping machine-vision robots to take a closer look, notifying managers when something isn’t up to snuff. The company just raised a $3 million seed round to continue building its tech and rolling out beyond its first set of beta customers. The company runs a hybrid architecture, where all the initial analysis and computer vision is done by adding an on-premises computer. If a safety event is detected, that is uploaded and made accessible on the SaaS online dashboard.

2020. FireEye acquires AI security expert Respond Software for $186M

Cybersecurity company FireEye has acquired Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained (and scarce) security analysts. FireEye had its eye on Respond’s Analyst product, which it plans to fold into its Mandiant Solutions platform. Like many companies today, FireEye is focused on using machine learning to help bolster its solutions and bring a level of automation to sorting through the data, finding real issues and weeding out false positives. The acquisition gives them a quick influx of machine learning-fueled software.

2020. Palo Alto Networks to acquire AI cybersecurity firm Expanse for $800M

Palo Alto Networks has acquired Expanse for $800 million. Expanse provides a service to help companies understand and protect their attack surface, where they could be most vulnerable to attack. It works by giving the security team a view of how the company’s security profile could look to an attacker trying to gain access. The plan is to fold Expanse into Palo Alto’s Cortex Suite, an AI-driven set of tools designed to detect and prevent attacks in an automated way. Expanse should provide Palo Alto with a highly valuable set of data to help feed the AI models.

2020. Hunters raises $15M for its AI-based threat-hunting platform

Hunters, a Tel Aviv-based cybersecurity startup that helps enterprises defend themselves from intruders and analyze attacks, has raised a $15 million Series A funding round from Microsoft and other investors. The company’s SaaS platform basically automates the threat-hunting processes, which has traditionally been a manual process. The general idea here is to take as much data from an enterprise’s various networking and security tools to detect stealth attacks.