HomeUSAIntezer Raises $33M in Series C Funding

Intezer Raises $33M in Series C Funding

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Intezer

Intezer, a NYC-based company which specializes in AI-powered technology for autonomous security operations, raised $33M in Series C funding.

The round was led by Norwest Venture Partners, with participation from all existing investors, including Intel Capital, OpenView, Magma, and Alon Cohen, founder of CyberArk.

The company intends to use the funds to expand its go-to-market and product teams to strengthen its position as a leader in the emerging AI SOC market category.

Led by CEO Itai Tevet, Intezer is a provider of AI-powered technology for autonomous security operations, with a vision to solve talent shortages and skill gaps in the cybersecurity industry. Intezer’s Autonomous SOC platform uses AI models to simulate human analysts’ decision-making process, effectively functioning as an extension of the security team. It integrates with the customer’s existing security tools to automatically investigate endpoint alerts, SIEM alerts, user-reported phishing, and more. The platform triages new alerts in two minutes, automatically resolves false positives, and escalates only 4% of alerts to the SOC team with clear findings and recommended incident response actions, leading to faster response times for critical threats.

FinSMEs

18/09/2024

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