Dropzone AI Secures $3.5 Million in Seed Round

by Kay Aloha Villamor in August 9th, 2023

Dropzone AI, a Seattle, WA-based autonomous alert investigation platform designed for security operations teams, secured $3.5 million in a seed funding round led by Decibel Partners, with participation from Pioneer Square Ventures Fund.

Notable angel investors such as Oliver Friedrichs (CEO of Pangea Security and founder/former CEO of Phantom Cyber), Jon Oberheide (co-founder/former CTO of Duo Security), and Jesse Rothstein (co-founder/CTO of ExtraHop) also joined the funding round.

Additionally, Dropzone announced the availability of its pre-trained autonomous AI security agent, built from the ground up using the latest LLMs, that works alongside human analysts on security operations teams to handle the overwhelming work of investigating the mountain of alerts they get every day from security systems. 

Dropzone mimics the thought process and techniques of expert security analysts to thoroughly and autonomously investigate all alerts, so human analysts can focus on higher-value security work.

“Hackers and defenders have been in a technological arms race for years,” said Edward Wu, founder and CEO of Dropzone AI. “Every new advancement from scripts, to machine learning and now AI, has allowed hackers to weaponize their attacks at greater efficacy, speed and scale, multiplying the pressure on security teams. Companies must confront the new reality that we’ve reached an inflection point where humans alone can’t keep up anymore. They need to be armed with an entirely new and better way to automate and enable their defensive forces.”

The company's autonomous alert investigation agent automates the time-consuming, repetitive work of investigating alerts, and can be used for everything from continuous, automated end-to-end analysis to ad-hoc deep dives.

Company: Dropzone AI, Inc.

Raised: $3.5M

Round: Seed Round

Funding Month: August 2023

Lead Investors: Decibel Partners

Additional Investors: Pioneer Square Ventures Fund, Oliver Friedrichs, Jon Oberheide, and Jesse Rothstein

Company Website: https://www.dropzone.ai/

Software Category: Autonomous Alert Investigation Platform

About the Company: Founded by Edward Wu, Dropzone AI’s platform delivers pre-trained autonomous AI security agents that work alongside human analysts on security operations teams. It handles the frontline work of investigating the mountain of alerts from security systems. Using cutting-edge LLMs, Dropzone’s agents perform end-to-end investigations, mimicking the techniques of elite analysts, and enable human analysts to focus on real threats and higher-value work.

Source: https://www.businesswire.com/news/home/20230808901398/en/

Your cart