Cybercriminals are more and more utilizing AI of their assaults. On the similar time, cyber defenders are additionally turning to the know-how to combat again. Depthfirst, a safety startup positioning itself on the forefront of this AI-powered protection, introduced Wednesday that it had raised $40 million in a Collection A spherical.
Based in October 2024, the corporate raised the spherical from Accel Companions, which led the funding, with participation from SV Angel, Mantis VC, and Alt Capital.
Depthfirst affords a platform referred to as Basic Safety Intelligence, an AI-native suite that helps firms scan and analyze their codebases and workflows for indicators of hassle. The corporate says that the platform additionally permits firms to guard themselves from credential exposures and to observe threats to their open-source and third-party parts.
The corporate plans to make use of the brand new capital to rent further employees for utilized analysis and engineering, in addition to product and gross sales.
“We’ve entered an period the place software program is written quicker than it may be secured,” mentioned Qasim Mithani, the corporate’s co-founder and CEO, as a part of the announcement. Mithani, who beforehand labored for Databricks and Amazon, added that automation has modified how dangerous actors execute their assaults. “AI has already modified how attackers work. Protection has to evolve simply as basically.”
The corporate’s management comes with backgrounds in each AI and safety. One among Depthfirst’s different co-founders, Daniele Perito, beforehand served as director of safety and danger engineering at Sq., which is a part of Jack Dorsey’s Block. Its CTO (and one other co-founder), Andrea Michi, was beforehand an engineer at Google DeepMind.
Simply as AI can be utilized for reputable functions, it may also be utilized by cybercriminals to automate a complete vary of malicious processes—from writing malware to social engineering assaults to scanning for vulnerabilities to take advantage of. Final November, Anthropic claimed that it had thwarted the primary “AI orchestrated cyber espionage campaign.”
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Depthfirst says it could possibly assist shield firms from many of those “AI-driven exploits,” and that it has already developed partnerships with quite a lot of distinguished firms, together with AngelList, Lovable, and Moveworks.
