Paris-based Qevlar AI, a computer and network security company, recently raised $30 million in funding for its autonomous AI SOC platform.
The company will use the funding to turn alert investigations into security insights that will help security operations centers (SOCs) strengthen their overall security.
“Today, most SOCs measure success by how many alerts they tackle and how quickly they are resolved,” Ahmed Achchak, Qevlar AI co-founder and CEO, said. “But this is a firefighting approach that tells you nothing about your security posture. The only way to understand that is by being able to identify patterns in the trends, and that requires a completely new approach. We’re moving from autonomous alert investigations to an intelligent AI SOC platform that uncovers insights that transform how teams not only deal with alerts, but stop them from recurring. We’re putting out the fire and finding out what started it to make sure it doesn’t happen again.”
The round jointly was led by France-based Partech, a global tech investment firm, and San Francisco Bay area and London-based Forgepoint Capital International, a venture capital firm.
Qevlar AI has been experiencing a period of growth. It has significantly expanded its geographical footprint and added a global base of customers.