Corgea, a CyberTech specialising in AI-driven vulnerability detection and remediation, has closed a $2.6m seed funding round.
According to Zawya, the investment was spearheaded by Shorooq Partners, with significant contributions from Y Combinator (YC), Propeller, Decacorn Capital, Unbound Ventures, and notable angels including Jawed Karim, co-founder of Youtube & Y Ventures, and Sam Kassoumeh, co-founder of SecurityScoreCard.
Corgea is making waves as an IDC Innovator for DevSecOps Automated Remediation. The company’s AI-powered suite is designed to automate the detection, triaging, and remediation of vulnerabilities in source-code. This includes tackling complex logic bugs which are pivotal in modern cybersecurity. By reducing false positives by 30% and accelerating remediation by 80%, Corgea enables security teams to concentrate on genuine threats, enhancing enterprise cybersecurity scalability.
The new capital will be utilized to expand Corgea’s operations within the US and across the Middle East, along with scaling its innovative platform. This expansion is crucial as the company addresses the increasing complexity of global and regional cyber landscapes.
Additional insights into the company’s vision were shared by Tamer Azer, a partner at Shorooq. Azer highlighted the underinvestment in cybersecurity within the Middle East and Corgea’s potential to change the game in this critical sector.
Ahmad Sadeddin, Founder and CEO of Corgea, provided further context on the company’s goals: “At Corgea, we believe that the future of cybersecurity lies in AI-driven automation and a powerful developer experience. Our platform is designed to seamlessly integrate with existing developer and security workflows, automating the detection of what was previously undetected and fixing vulnerabilities at a speed and scale that simply wasn’t possible before. This funding enables us to expand our reach, accelerate product development, and continue driving the innovation that enterprises need to stay ahead of ever-evolving cyber threats.”
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