VentureBeat April 25, 2024
AI security developer Dropzone AI has received a new round of funding, bringing in $16.85 million for its Series A. The round was led by Theory Ventures and included returning institutional investors Decibel Partners, Pioneer Square Ventures and In-Q-Tel.
Founded in 2023 by Edward Wu, Dropzone makes pre-trained autonomous AI security agents designed to aid humans in detecting cybersecurity threats. A talent pool shortage is one reason there are so many cyberattacks—it’s estimated that the world needs about four million workers to defend our digital infrastructure and computer systems properly. Dropzone believes it can solve this problem through the use of AI agents.
“With [generative AI] advancements, attacks that...
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