Prophet Security Secures $11M in Seed Financing

Prophet Security

Prophet Security, a Palo Alto, Ca-based company that works for security operations by automating the triage, investigation and response process for alerts, raised $11M in Seed funding.

The round was led by Bain Capital Ventures (BCV) with participation from several security leaders and angel investors.

The company intends to expand operations and its business reach.

Founded by serial entrepreneurs and cybersecurity veterans Kamal Shah and Vibhav Sreekanti, Prophet Security provides Prophet AI for Security Operations, which synthesizes incoming security alerts and automatically develops a plan to investigate each alert. Next, it executes the plan by gathering, correlating, and analyzing data from various security tools. The product then provides a determination for each alert along with a summary of key findings, a detailed timeline, and the underlying evidence. Security analysts can review the investigation, ask questions, and provide feedback as necessary. This feedback loop ensures that Prophet Security continuously evolves to meet the specific needs of the organization. Prophet AI for Security Operations also delivers recommendations for remediation and comprehensive, post-investigation reports. Additionally, its privacy-first architecture ensures that an organization’s sensitive data is not used to train LLMs, thereby eliminating any LLM-related data leakage concerns.

FinSMEs

23/04/2024