CipherData Raises Seed Round

CipherData, an AI security startup based in South Korea, has secured an investment from the newly formed JB New Growth Venture Investment Fund.

Investors

JB Investment served as the manager of the fund, with Jeonbuk Bank, Kwangju Bank, and JB Woori Capital participating as limited partners.

CipherData Use of Funds

CipherData plans to utilize the capital to support the ongoing development of its AI-based detection and response platform and to collaborate with JB Financial Group on applying AI-based security operations technology within the financial sector.

About CipherData

Founded by CEO Kevin Ha, a former AI security engineering lead at Amazon and Meta, CipherData develops an AI-based detection and response platform. The software uses generative AI to automate alert analysis and incident response for security operations centers. The company is an active member of the Coalition for Secure AI.

Funding Details

Company Website: https://cipherdata.ai

Company: CipherData
Raised: Undisclosed
Round: Seed
Funding Date: October 26, 2026
Additional Investors: JB Investment, Jeonbuk Bank, Kwangju Bank, JB Woori Capital
Software Category: AI Security
Source: https://en.wowtale.net/2026/10/27/235737/