Harmonic Security, a pioneering cybersecurity firm, has successfully completed a Series A funding round, securing $17.5m.
This significant financial milestone was led by Next47, a notable venture capital firm recognized for its investments in cybersecurity leaders like Claroty and Sysdig. Ten Eleven Ventures, which previously spearheaded the $7m seed round in October 2023, also participated in this round.
Harmonic Security is at the forefront of the cybersecurity industry, developing cutting-edge solutions that leverage generative AI to revolutionize data protection. The company’s proprietary technology uses pre-trained, specialized language models to address the challenges of data security, aiming to replace outdated methods with more efficient, zero-touch data protection mechanisms.
The new funds will be directed towards accelerating Harmonic Security’s market expansion and enhancing its product development. This includes scaling up engineering capabilities and bolstering go-to-market strategies to extend its reach and impact across the cybersecurity sector.
In addition to the funding news, Harmonic has demonstrated remarkable progress since its inception. Notably, the company was recognized as an RSA Innovation Sandbox finalist in 2024, highlighting its innovative approach and potential within the industry. Furthermore, Harmonic has established a strong partnership network with several leading CIOs and CISOs globally, which has been instrumental in rapidly advancing its product offerings and market presence.
Harmonic Security CEO and co-founder, Alastair Paterson, commented on the company’s trajectory and future plans: “Over the past 20 years, complex data classification and labeling exercises and noisy rules have created headaches for security teams, not least a huge burden of meaningless false positives. Now, with the rapid adoption of Generative AI, renewed data privacy risks mean that legacy data protection tools are not fit for purpose. Harmonic Security is redefining the entire data protection category which GenAI has brought into sharp focus, and we will use the Series A to accelerate the rapid progress we have already achieved.”
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