Prophet Security, a Palo Alto, CA-based AI company, has emerged from stealth with $11 million in seed financing.
The company has also unveiled its Prophet AI for security operations platform, an AI-powered platform that triages, investigates, and responds to alerts in seconds, slashing mean time to response (MTTR) by 10x.
Investors
The round was led by Bain Capital Ventures (BCV), with participation from several security leaders and angel investors.
Bain Capital Ventures is a venture capital firm that helps founders build iconic businesses that transform the way we live and work. The firm invests in seed to growth-stage startups that are using tech to disrupt existing markets or create entirely new ones in fintech, application software, infrastructure, and commerce sectors.
About Prophet Security
Founded by Kamal Shah and Vibhav Sreekanti, Prophet Security is a cybersecurity company that provides Prophet AI for security operations. The company’s mission is to transform security operations by automating the triage, investigation, and response process for alerts. Prophet AI for Security Operations enriches each alert with contextual data from siloed security tools, analyzes the information, and provides a determination along with remediation steps.
Funding Details
Company: Prophet Security, Inc.
Raised: $11.0M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Bain Capital Ventures
Additional Investors:
Company Website: https://www.prophet.security/
Software Category: Cybersecurity
Source: https://www.businesswire.com/news/home/20240423436213/en/