Radiant Security, a provider of AI-enhanced security operations solutions, announced the successful closure of a $15 million Series A funding round, enabling the company to continue developing AI-enhanced technology.
This strategic financing, led by Next47, reaffirms the soaring demand for cutting-edge, AI-based solutions that address the longstanding challenges faced by Security Operations Centers (SOCs), according to Radiant Security.
In addition to Next47, the funding round included participation from all previous investors, including Lightspeed Venture Partners, Acrew Capital, Uncorrelated Ventures, and Jibe Ventures. Also, the company’s Series A welcomes a new investor, General Advance.
“This influx of capital will enable Radiant Security to push forward its innovation and further develop cutting-edge technologies,” commented Shahar Ben-Hador, CEO and co-founder of Radiant Security. “We plan to expand our engineering and go-to-market capacity to bolster our position as a frontrunner in the rapidly-emerging AI-enhanced security operations market.”
Today’s SOCs employ dozens of tools to help safeguard their environment from attacks and these tools generate so much noise that it’s nearly impossible for analysts to keep up.
In response, SOCs are increasingly turning to AI-enhanced solutions like Radiant Security’s SOC co-pilot, for relief, aiming to empower analysts to complete their workloads and level the playing field with cyber attackers, according to the company.
The SOC co-pilot is an ideal fit for SOC workloads due to its scalability and ability to analyze extensive, disparate data sets. The solution is a powerful assistant whose role is to amplify analyst productivity by automating laborious tasks like alert triage and incident investigation, delivering decision-ready results.
For more information about this news, visit https://radiantsecurity.ai.