Tech Company Financing Transactions

Dropzone AI Funding Round

Theory Ventures, Decibel and In-Q-Tel participated in a $16.9 million Series A funding round for Dropzone AI. The financing round was announced on 4/25/2024.

Transaction Overview

Company Name
Announced On
4/25/2024
Transaction Type
Venture Equity
Amount
$16,850,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to continue scaling its GTM motion and its engineering team.

Company Information

Company Status
Private & Independent
Industry
Security
Mailing Address
113 Cherry St 55649
Seattle, WA 98104
USA
Phone
Undisclosed
Email Address
Overview
Dropzone AI's platform delivers pre-trained autonomous AI security agents that work alongside human analysts on security operations teams. It handles the frontline work of investigating the mountain of alerts from security systems. Using cutting-edge LLMs, Dropzone's agents perform end-to-end investigations mimicking the techniques of elite analysts and enable human analysts to focus on real threats and higher-value work.
Profile
Dropzone AI LinkedIn Company Profile
Social Media
Dropzone AI Company Twitter Account
Company News
Dropzone AI News
Facebook
Dropzone AI on Facebook
YouTube
Dropzone AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Edward Wu
  Edward Wu LinkedIn Profile  Edward Wu Twitter Account  Edward Wu News  Edward Wu on Facebook


 

 

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