What does Qevlar AI do?
Qevlar AI is a cybersecurity company based in Paris that specializes in augmenting the productivity of autonomous security operations centres (SOCs). Its platform empowers SOC analysts to autonomously enrich, investigate, contextualize, and triage security alerts, thereby improving defense postures and overall operational efficiency.
How much did they raise?
The company raised $10M in its latest funding round, which brought its cumulative raised capital to $14M. The round was led by EQT Ventures and Forgepoint Capital International, with additional participation from notable investors including Olivier Pomel (CEO, Datadog), Florian Douetteau (CEO, Dataiku), and Mehdi Ghissassi.
What are their plans for the money?
Qevlar AI intends to use these funds to accelerate growth by expanding its team, advancing product research and development, and broadening its international market presence. This investment is expected to improve the efficiency of security operations and further reduce the time spent on investigating alerts.
What have they achieved so far?
The company has already demonstrated significant impact by enabling organizations to reduce the time spent on malicious alert investigations to just a few minutes, decrease the workload of Level 1 and 2 analysts, increase classification accuracy, and autonomously close benign alerts.
