MixMode, Inc., a Santa Barbara, Calif.-based AI-driven cybersecurity intelligence platform, closed a $4m Series A round of funding.
The round was led by Entrada Ventures, with participation from existing investors Keshif Ventures and Blu Venture Investors.
The company intends to use the funds to expand its AI-powered network traffic analytics platform and to accelerate the growth of its worldwide network of customers and partners.
Led by John Keister, CEO, and Dr. Igor Mezic, CTO and chief scientist, MixMode provides a platform for security analysts, which brings in multiple streams of data including network data, public cloud data and feeds from existing security tools such as endpoint, firewall, and SIEM. The MixMode Network Traffic Analytics platform leverages “Third Wave” AI, utilizing an advanced unsupervised learning model to address major security issues facing teams and to predict the network’s future activity.
The company is based in Santa Barbara with an additional office in San Diego.