Autonomous digital threat hunting solution Hunters.AI has scored $5.4m in a seed funding round.
Cybersecurity-focused investor YL Ventures and early-stage venture capital firm Blumberg Capital led the seed round.
Hunters.AI’s goal is to accelerate cyber threat response and fight cybercrime by helping organisations detect, identify and remediate cyberattacks, whether its on their cloud, hybrid or enterprise environments.
Its autonomous solutions expose ‘breadcrumbs’ left behind attackers, which are normally not picked up by security defences. This is then connected and combined with an enterprise’s existing security data to finds and isolate attacks. The platform then gives a complete, trustworthy and contextual attack stories showing all of the details around the threat, accelerating detection and response times.
YL Ventures partner Ofer Schreiber said, “IT security teams must become faster and better at detecting and stopping attacks, and threat hunting is the obvious strategy of choice. But hiring the highly specialized and in-demand skills and knowledge needed is simply not possible.
“This leaves an attack detection gap and the cost of failure is a board level concern. Deploying Hunters is like putting an army of highly skilled threat hunters to work to magnify your team’s power and close that gap.”
YL Ventures has made a number of investments into the cybersecurity space. Earlier in the year, the venture firm participated in the $13m Series A round of Axonius, which supplies companies with a holistic overview of their assets and automatically check whether these devices meet security policies.
Blumberg Capital has also made a handful of investments into the cyber space. Last year, the firm contributed to the $17m Series C of cyber reconnaissance solution IntSights Cyber Intelligence.
