Aurascape AI, a trailblazing cybersecurity firm, announced today that it has successfully closed an oversubscribed seed funding round, amassing $12.8m.
The round was led by Mayfield Fund, with significant contributions from Celesta Capital, StepStone Group, AISpace, and several notable industry figures, including Mark McLaughlin, the former Chairman and CEO of Palo Alto Networks.
Founded in 2023, Aurascape AI is setting out to transform the cybersecurity landscape. Leveraging groundbreaking AI innovations, the company aims to tackle the challenges heightened by the global shift towards extensive AI adoption in enterprise environments. The founders and team at Aurascape hail from some of the leading companies in cybersecurity and AI, including Palo Alto Networks, Google, and Amazon, bringing a wealth of experience and a proven track record of success.
The company plans to use the new funds to accelerate the development of its novel, cloud-native cybersecurity solutions. These are designed from the ground up to provide superior protection against the evolving threats in the AI-driven corporate world. Aurascape AI is currently conducting proof-of-concepts with select clients and expects to launch its first commercial product by the end of 2024.
Mark McLaughlin, former Chairman and CEO of Palo Alto Networks, said, “Aurascape AI boasts a team of industry veterans with extensive expertise in cybersecurity and AI. I am excited by their pioneering work and potential to deliver transformative cybersecurity solutions for the AI era.”
Rajiv Khemani, Co-founder and CEO of Aurascape AI, said, “With the rise of AI, cybersecurity threats to enterprises have never been greater. Traditional solutions with AI add-ons and veneers are ineffective against rapidly expanding attack surfaces.
“At Aurascape, we are building a ground-up, cloud-native cybersecurity solution with capabilities far beyond current architectures, to deliver unparalleled protection for enterprises.”
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