What does Adaptive Security do?
Adaptive Security is a New York City-based provider specializing in AI-powered solutions that prevent, detect, and mitigate social engineering attacks. The company leverages advanced artificial intelligence to safeguard organizations against increasingly sophisticated cyber threats.
How much did they raise?
The company raised $43M in funding in a round led by Andreessen Horowitz and the OpenAI Startup Fund, with additional participation from investors such as Abstract Ventures, Eniac Ventures, CrossBeam Ventures, and K5. This infusion marks a significant boost in resources for Adaptive Security’s technological advancements.
What are their plans for the money?
With this new capital, Adaptive Security aims to accelerate the development of its innovative cybersecurity solutions, particularly focusing on defending against emerging AI-powered social engineering attacks. The investment is expected to enable further research and development, enhancing the company's ability to protect its clients in an evolving threat landscape.
What have they achieved so far?
Under the leadership of CEO Brian Long, Adaptive Security has already made notable progress by developing cutting-edge AI technologies designed to prevent and mitigate cyber threats. This achievement has positioned the company as a forward-thinking player in the cybersecurity space, setting a solid foundation for future growth.
