MixMode Raises $45M in Series B Funding

MixMode

MixMode, a Santa Barbara, Calif.- based provider of self-learning solutions to detect cyberattacks in real time, raised $45m in Series B funding round.

The round was led by PSG, with participation from existing investor Entrada Ventures.

The company plans to use the capital to further expand its AI capabilities, build out its sales presence and grow its channel reach.

Led by John Keister, CEO, MixMode delivers a self-learning platform that allows enterprises and agencies to detect and protect their networks against the most advanced cyberattacks. This automated, AI-driven solution is purpose-built to detect both known attacks and novel attacks with the optionality to be applied to both public cloud and on-premise corporate environments at Fortune 500 scale.

MixMode serves large enterprises with big data environments across a variety of industries and works with channel partners closely to service and grow the use cases for its customers.

FinSMEs

23/03/2022