Cybersecurity automation startup 7AI Inc. today announced that it has closed a $130 million funding round led by Index Ventures.
The Series A deal also included the participation of Blackstone Innovations Investments, Greylock, CRV and Spark. They were joined by the investors who backed 7AI’s $36 million seed raise last June.
Boston-based 7AI offers a cybersecurity platform that uses artificial intelligence agents to detect and remediate breaches. The platform comprises more than 40 agents that each focus on a different set of tasks. Some search for vulnerabilities and malicious activity, while others perform auxiliary activities such as collecting technical data about a potentially compromised device.
The platform gathers cybersecurity data through integrations with companies’ existing breach detection tools. Usually, analyzing breach telemetry requires administrators to copy the information to a centralized environment, which increases storage costs. According to 7AI, its platform removes that requirement.
The software displays the issues it finds in a to-do list that visualizes each item as a summary card. Those cards are ranked based on the severity of the incident they describe. For example, a suspected breach of an accounting database would appear above a compromised test environment that doesn’t contain any sensitive records.
The built-in AI automatically investigates each incident and generates a natural language description. After it detects a phishing email, 7AI might explain that the message contains a PDF attachment with malicious links. Administrators can also ask 7AI to perform additional actions. For example, the platform can be instructed check a file against malware databases and determine if it exhibits suspicious activity patterns.
Customers can customize which activity patterns 7AI flags as malicious. For example, a company could enter a rule that prohibits workers from uploading data to a certain file sharing service. It’s possible to create exceptions for specific users or departments.
Customers can purchase 7AI’s platform on a standalone basis or as part of an offering called 7AI Platform + PLAID. The offering combines the software with professional services that help organizations customize its feature set. For example, a customer could have 7AI add an integration with a third-party cybersecurity tool that isn’t available out of the box.
The company says that its platform reduces the amount of time needed to investigate cyberattacks by 30 minutes to 2.5 hours. Additionally, it promises to filter up to 99% of false positives.
“We keep adding more people and detection tools to handle exponentially increasing threats and alerts. The math just doesn’t work,” said 7AI co-founder and Chief Executive Officer Lior Div. “Instead of security teams drowning in investigations that take hours, our AI agents complete them in minutes at a speed, accuracy, and consistency that’s difficult for humans and automation to match.”
The company will use the proceeds from its funding round to grow its AI engineering and go-to-market teams.
Image: Unsplash
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