Alethea, a Washington, DC-based technology company which specializes in disinformation detection and mitigation, raised $20M in Series B funding.
The round, which brought the total amount to $34M, was led by GV, with participation from Ballistic Ventures, who led Alethea’s Series A funding in 2022, and Hakluyt Capital.
The company intends to use the funds to scale sales and marketing efforts to bring its solutions to every organization or company with an online presence, grow the team to bring on new functions and expand existing functions, and enhance its features and capabilities to provide tailored solutions that address evolving customer challenges.
Led by Lisa Kaplan, Founder and CEO, Alethea is a technology company helping the Fortune 500, private companies, and nonprofits protect themselves from harms stemming from disinformation. Leveraging its multi-channel machine learning platform, Artemis, the company detects disinformation narratives across the internet, enabling customers to proactively defend against this pervasive threat. With Artemis-powered early detection, customers can protect their reputations, key assets, physical safety and market value. Using AI to detect and assess previously invisible risks on niche social media platforms, alternative forums and spaces, and known extremist communities, Artemis alerts communications, risk and intel, and security teams of malicious actors, vulnerable assets, and threats of physical violence. Artemis analyzes billions of data points across a variety of disparate data sources and multiple languages to provide stakeholders with a comprehensive picture of the adversary and their tactics, techniques, and procedures.
Commentino on the news, Lisa Kaplan said: “We built our Artemis product to move organizations from passive listening to active risk management. Since the launch, our customers have been able to use Artemis to detect and prebunk threats early, use our insights to inform mitigation responses, and better protect themselves from increasingly sophisticated adversaries.”
FinSMEs
10/04/2024