BforeAI, a leader in predictive security solutions, has successfully closed its Series A funding round, securing a substantial $15m.
The round was led by SYN Ventures, accompanied by renewed commitments from earlier backers Karma Ventures, Karista, and Addendum Capital, along with a fresh investment from the Partnership Fund for New York City.
This funding boost is aimed at advancing BforeAI’s cutting-edge technology, which focuses on autonomously mapping and predicting malicious infrastructure. By ingesting massive datasets and analyzing internet metadata, BforeAI establishes baselines to detect anomalies, thereby deterring potential attacks before they materialise. This proactive capability is essential for organisations seeking to maintain a robust defense against increasing digital threats.
BforeAI founder and CEO Luigi Lenguito said, “BforeAI is automatically blocking thousands of attacks every day, this new round of funding boosts our ability to serve ever more sophisticated customers and drive value in a competitive market. Increasing digital fraud, scams and cyberattacks prove organizations can no longer rely only on a reactive approach: they need to preempt, disrupt and deter attacks.”
BforeAI’s mission is to proactively safeguard data, IT/OT networks, digital assets, customers, employees, and brand reputation. Their PreCrime™ platform monitors over 96% of the internet, predicting risks days to weeks before they turn into actual attacks.
Jay Leek, Managing Partner and Co-founder of SYN Ventures and BforeAI Board Member, said, “The cybersecurity market is flush with solutions that help companies after an attack or breach has occurred. BforeAI is the first company to bring a predictive approach to improve organizations’ cyber posture. The unique ability to predict and stop a cybersecurity event before it happens and the thousands of direct integrations with service providers worldwide are clear differentiators in this crowded market.”
Moreover, the firm has previously attracted attention with its PreCrime™ subscription offering, which includes Intelligence and Brand solutions designed to predict, preempt, and deter malicious campaigns with a tenfold contract value performance guarantee backed by Munich Re.
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