Blackbird.AI, a New York-based company that provides AI-driven Narrative and Risk Intelligence, closed $20 million in a Series B funding round led by Ten Eleven Ventures, bringing its total raised to $32 million.
The round was, with continued support from existing investors including Dorilton Capital, Generation Ventures, StartFast Ventures, and Trousdale Ventures. Notable investors in this round also include Paul Kurtz, chief cybersecurity advisor to Splunk, and Richard Clarke, the first "cyber czar" for the U.S. Government.
The fresh funds will enable Blackbird.AI to scale its sales and marketing efforts, expand its customer base, raise awareness in key industries, and drive innovation in further enhancing the Constellation Platform and its recently launched RAV3N Co-Pilot, a state-of-the-art generative AI reporting module to accelerate insights and recommendations.
Blackbird.AI's Constellation Platform utilizes artificial intelligence to detect narratives, identify associated risks, and track the spread of these narratives across various mediums such as the dark web, social media, and news sources, among others.
The platform can analyze text, images, and memes in over 25 languages, empowering organizations to respond swiftly to a wide range of attacks by providing rapid access to AI-driven insights.
"Human perception has become the latest frontier in cyberattacks, manifesting as misinformation and narrative manipulation. This emerging threat is impacting a broad range of sectors and professionals, from strategic communicators and risk managers to information security teams," stated Wasim Khaled, CEO and co-founder of Blackbird.AI. "We aim to help organizations understand and address the potential threats posed by perception manipulation, which often fly under the radar, fostering an environment of trust, safety and integrity, while simultaneously providing them with significant strategic and competitive leverage."
Company: SocialTrendly, Inc.
Raised: $20.0M
Round: Series B
Funding Month: June 2023
Lead Investors: Ten Eleven Ventures
Additional Investors: Dorilton Capital, Generation Ventures StartFast Ventures, Trousdale Ventures, Paul Kurtz, and Richard Clarke
Company Website: https://www.blackbird.ai/
Software Category: AI-driven Narrative and Risk Intelligence Platform
About the Company: Blackbird was founded by a team of experts from artificial intelligence, and national security, with a mission to defend authenticity and fight narrative manipulation. Blackbird.AI helps organizations detect and respond to threats that cause reputational and financial harm. Powered by their AI-driven Narrative and Risk Intelligence Constellation Platform, organizations can proactively understand risks and threats to their reputation in real time. Recognized by Forrester as a "Top Threat Intelligence Company," Blackbird's technology is used by many of the world's largest organizations for strategic decision-making.
Source: https://www.blackbird.ai/blog/2023/06/blackbird-ai-raises-20m-in-series-b-funding-to-empower-organizations-with-narrative-and-perception-risk-intelligence