Ballistic Ventures spearheads $20m investment in AI-driven Reach Security

Ballistic Ventures spearheads $20m investment in AI-driven Reach Security

Reach Security, a trailblazing startup, has successfully raised $20m in a Series A funding round.

The investment is led by Ballistic Ventures and sees contributions from Artisanal Ventures and notable industry figures such as Mark McLaughlin, former CEO and President of Palo Alto Networks, and Denise Persson, CMO of Snowflake.

Existing investors, including Webb Investment Network, Ridge Ventures, and TechOperators, have also participated in this round.

The company stands at the forefront of redefining security operations through its advanced artificial intelligence (AI) technology. By enabling organisations to optimise the use of their existing cybersecurity products, Reach Security aims to address the common industry challenge of underutilised tools and outdated configurations that leave gaps for attackers to exploit.

The solution offers a new approach by analysing and reprogramming an organization’s security infrastructure to counter specific threats effectively. Unlike traditional solutions, Reach Security operates across the entire security landscape, requiring no new sensors or attack simulations, and delivers insights and actionable intelligence rapidly.

Reach Security co-founder Garrett Hamilton said, “Our time in the trenches gave us the unique opportunity to stand shoulder-to-shoulder with hundreds of security teams when things went wrong, and it was always the same story: They could’ve stopped the attack with the tools they already had.

“Every other company in our industry will say that you need another security mousetrap to solve this problem. They’re wrong. We’ve looked at tens of thousands of enterprises and seen firsthand that the average security team uses less than 20% of what they have and, as a direct result, they struggle to secure their organization.”

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