AirMDR, a leading force in AI-native Autonomous Managed Detection and Response (MDR), has successfully closed a $5m seed funding round.
The round saw prominent participation from Foundation Capital and Storm Ventures, positioning AirMDR at the forefront of the cybersecurity industry.
This fresh injection of capital is earmarked for an ambitious expansion of AirMDR’s research and development efforts as well as to accelerate their market entry. By focusing on these areas, AirMDR aims to solidify its presence and prowess in the MDR sector.
AirMDR is revolutionising the cybersecurity landscape by deploying advanced AI virtual analysts. These analysts perform 80-90% of the tasks typically handled by human operatives, such as triage, investigation, and response to security alerts. This significant automation is poised to enhance the quality and speed of cybersecurity services, particularly for SMBs lacking in-house security expertise.
The funding will also support the continued development of AirMDR’s AI capabilities. Their technology leverages Natural Language Processing (NLP) to learn and perform tasks, vastly reducing the time needed to manage incidents — from over an hour to under five minutes. This efficiency gain not only promises better speed and quality but also offers substantial cost savings to clients.
Additionally, AirMDR offers an impressive array of over 200 integrations with various tech stacks, covering a significant majority of what most businesses require. This extensive compatibility is another factor that sets AirMDR apart from other providers in the rapidly growing MDR market, which is projected to see a significant increase in organizational uptake in the near future.
“The future of MDR involves human analysts supervising and training AI, freeing up their time to tackle the critical 10% of incidents that require human intervention. We are proud to be at the forefront of this transformative shift,” AirMDR CEO Kumar Saurabh said.
Previously, AirMDR has demonstrated robust growth and innovation in the cybersecurity space. With this recent round of funding, the company is well-positioned to continue its trajectory of cutting-edge developments and market expansion.
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