Reclaim Security Secures $20M for Global Expansion and Cybersecurity Automation
Reclaim Security has raised $20 million in Series A funding to enhance its AI-driven cybersecurity automation solutions. The investment, led by Acrew Capital along with QP Ventures and Ibex Investors, will support global expansion and improve the company's platform, which includes an AI Security Engineer for identifying and fixing security vulnerabilities. With $26 million total raised, Reclaim Security aims to address the lengthy remediation process in cybersecurity, projected to take enterprises an average of 27 days compared to attackers' 27 seconds.
Theia Market Signal Identification - AI Assisted
Reclaim Security has completed a $20 million Series A funding round, led by Acrew Capital, QP Ventures, and Ibex Investors, to expand its AI-based cybersecurity automation. The company aims to streamline the remediation process, which currently takes enterprises an average of 27 days, compared to just 27 seconds for attackers to exploit vulnerabilities.
Reclaim Security's platform features an AI Security Engineer that autonomously identifies and fixes security exposures. The funding will also facilitate the growth of the engineering team and support international expansion into North America and Europe. The company’s PIPEᵀᴹ engine simulates the impact of security changes before implementation, allowing for stable and rapid remediation.
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