alphaMountain.ai scores $2.7m in its seed funding round, which was led by Mercato Partners’ Prelude Fund.
With the funds, the RegTech company plans to bolster its threat intelligence capabilities, including partner integrations with Cisco SecureX, ReversingLabs, Cyware, Maltego and others.
alphaMountain.ai’s investor base includes CrossPoint Capital Partners, Signal Sciences co-founder Andrew Peterson and a group of prominent Utah-based investors.
Founded in 2020, alphaMountain.ai was created to give up-to-date domain and IP intelligence for cybersecurity investigational and protection platforms.
Based in Utah, the company’s technology is based on a continuously trained neural network and actor voting system that combines data from threat feeds and real-time user network telemetry. The platform boasts coverage for around one billion domains and Ips in all geographies and languages, including site malicious risk and web reputation, content classification and cybersquatting detection.
Mercato Partners’ Prelude Fund partner Zach Sivertson said, “What’s unique about alphaMountain – aside from having two of the brightest minds in network security and machine learning at the helm – is that they are actually using AI. Many cyber tools claim to use AI but are actually using static based human authored rules.
“Even at this early stage, alphaMountain.ai’s technology is very impressive, and partners can tell a difference in the quality of data.”
Through its partnership with Cisco, alphaMountain.ai has enabled security to events such as Super Bowl LVI and Black Hat USA. Its technology gave threat intelligence to help investigate suspicious activity.
Copyright © 2022 FinTech Global