System Two Security, a Palo Alto, CA-based cybersecurity startup built on an AI agent foundation that advances detection engineering, raised $7M in funding.
The round was led by Costanoa Ventures, with participation from Runtime Ventures, as well as The Hive and Webb Investment Network. The round was also joined by individual investors including Scott McNealy (former CEO of Sun Microsystems), Frederic Kerrest (CoFounder of Okta) and Ash Devata (CEO of GreyNoise), among others.
The company intends to use the funds to scale its team and accelerate product development.
Led by CEO Robert Fly and CTO Prasanth Ganesan, System Two creates specific GenAI models and agents trained on detection and security data. Its purpose-built models, coupled with role-based agents, enable it to outperform human counterparts in speed and accuracy. This enables detection engineers to work faster and more effectively, automatically generating actionable detections from gaps in minutes.
The company is designed to work across every major enterprise security system, including Splunk, Microsoft Sentinel, CrowdStrike’s Next-Gen SIEM, and others.
FinSMEs
04/12/2024