PRESS RELEASE
DALLAS – April 9, 2024 – StrikeReady, the AI pioneer that improves how modern security teams operate, today announced $12 million in funding. The Series A round was led by 33N businesseswith the participation of Hitachi Ventures, Monta Vista Capitale and industry luminaries Brian NeSmith, executive chairman and former CEO of Arctic Wolf; AND Rod Beckstromformer CEO of ICANN and founding director of the US National Cybersecurity Center (now CISA).
StrikeReady is revolutionizing cybersecurity with its innovative, vendor-neutral AI security operations platform. This first-of-its-kind solution integrates seamlessly with your organization’s existing security tools, unifying the entire technology stack. StrikeReady Command Center makes SOC teams more efficient and effective by uniting, centralizing and operationalizing security, enabling smarter, faster decision-making and proactive security defense.
SOC environments are complex, and the tools traditionally used to manage security have proven ineffective and inefficient in bringing together disparate technologies and keeping businesses one step ahead of threats. Further complicating the issue is the ongoing shortage of qualified security professionals, hampering the ability to manage and respond to security incidents, leaving organizations vulnerable to cyber threats.
These challenges are driving the growth of StrikeReady, which is transforming the way modern security teams operate by reinventing how everything works together, while offering a complete and reliable view of security threats.
“Our security management platform enhances and expands the capabilities of any SOC by making best-in-class AI-driven automation accessible and affordable,” said founder and CEO Yasir Khalid. “The platform leverages artificial intelligence to simplify and automate routines and enable better, faster response to complex threats. Until now, our customers have called StrikeReady a “well-kept secret,” but this funding will accelerate market awareness and growth.”
StrikeReady secured Series A funding under challenging investment conditions, a testament to the sophistication of its AI solution and the pressing cybersecurity challenges it faces. Despite turbulent times, StrikeReady’s innovative approach to how security teams work has earned significant trust from investors, positioning the company as a leader in cybersecurity. StrikeReady intends to use the new funding to extend its product leadership in AI-powered SOC technology, enhance its global go-to-market team, and continue to expand its infrastructure.
“StrikeReady is breaking the mold of conventional security solutions. We refuse to believe that security-focused businesses should be confined to a single platform. Instead, we support the idea that teams should have the freedom to use the best technology available, ” She said Carlos Moreira da Silva, co-founder and partner of 33N Ventures. “StrikeReady makes this belief a reality through its dedication to seamless integrations, ensuring compatibility with the wide range of tools used by SOC teams today and tomorrow.”
“StrikeReady is pioneering a revolutionary AI-powered Security Command Center. Their hybrid model enhances human intuition with cutting-edge AI and ML technologies. The mission: to streamline the deployment of tools, close the cybersecurity skills gap, all while placing humans – equipped with unprecedented guidance and automation – firmly at the helm of the cyber defense arsenal,” he said Galina SaganDirector of Hitachi Ventures.
About StrikeReady:
Founded in 2019, StrikeReady is a pioneer of artificial intelligence in cybersecurity. StrikeReady introduces the first unified, vendor-neutral system AI-powered security command centerpurpose-built for modern SOC teams to optimize, centralize, and accelerate an organization’s threat response.
StrikeReady remains at the forefront of advancing beyond traditional AI and Large Language Model (LLM) to a proprietary Large Action Model (LAM), which takes actions across the technology stack based on user instructions. The company’s forward-thinking AI technology has earned numerous external accolades, including validation from Gartner, which called the company the only virtual security assistant in its industry. Gartner Emerging Technologies: Technology Innovators in Advanced Virtual Assistants relationship.
The platform’s user-centric approach transforms the entire security team into a proactive AI-powered cyber task force by centralizing, informing and dynamically advising security teams with a smarter, more holistic and actionable defense against a landscape of ever-evolving threats.
StrikeReady helps companies reduce cyber threats and overcome the IT talent gap at the same time. For CISOs and security leaders looking to learn more about StrikeReady’s AI-powered unified security platform:
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About 33 N:
33N is a European venture capital fund specializing in infrastructure software and cybersecurity that invests globally in ARR companies from 1 to 10 million euros. 33N is made up of an experienced and established international team that has been investing in the space for the last 10 years. The fund is supported by a strong strategic committee and advisory board comprising over 40 leading entrepreneurs, experts and decision makers spread across the world and industry. Find out more about 33N at https://33n.vc