AirMDR, a Menlo Park, CA-based company which specializes in AI-powered Autonomous Managed Detection and Response (MDR), raised $5M in funding.
The round was led by Foundation Capital with participation by Storm Ventures. Foundation Capital’s Sid Trivedi joined the AirMDR board.
The company intends to use the funds to expand R&D and accelerate its market entry.
Led by CEO Kumar Saurabh, AirMDR provides autonomous MDR (Managed Detection and Response) solutions, enhancing cybersecurity with its AI-driven virtual analysts. This technology handles 80-90% of the functions typically performed by human analysts, including triage, investigation, and response. The virtual analysts can answer questions, learn facts, and perform tasks using Natural Language Processing (NLP). Its automated playbooks for investigation, triage, response, and containment are quick to stand up and executes in under 5 minutes which takes human analysts over an hour. Incidents are all consistently documented, substantiated, and processed with full transparency for comprehensive remediation and learning. Additionally, AirMDR supports a business’s tech stack choice with more than 200+ integrations out of the box, which represents 40-50% more than typical MDR providers covers and 90% of the integrations customers will require.
FinSMEs
04/06/2024