Cybersecurity firm StrikeReady raises $12 Mn in funding, CIOSEA News, ETCIO SEA

StrikeReady, the AI-pioneer advancing the way modern security teams operate, announced $12 million in funding. The Series A round was led by 33N Ventures, with participation from Hitachi Ventures, Monta Vista Capital and industry luminaries Brian NeSmith, executive chairman and former CEO at Arctic Wolf; and Rod Beckstrom, former CEO of ICANN and Founding Director of U.S. National Cybersecurity Center (now CISA).StrikeReady is revolutionising cybersecurity with its groundbreaking, vendor-neutral AI security operations platform. This one-of-a-kind solution seamlessly integrates with organizations existing security tools, unifying the entire tech stack. StrikeReady’s command center makes SOC teams more efficient and effective by uniting, centralizing and operationalizing security, fostering 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 disparate technologies together and keeping companies ahead of threats. Further complicating the issue is the perpetual shortage of skilled security professionals, which hampers the ability to manage and respond to security incidents, leaving organisations 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 delivering a comprehensive, trustworthy view of security threats.

“Our security management platform up-levels and scales the capability of any SOC by making best-of-breed AI automation accessible and affordable for everyone,” Founder and CEO Yasir Khalid said. “The platform leverages AI to streamline and automate the routine and empower better, faster response to complex threats. Until now, our customers have referred to StrikeReady as a ‘well-kept secret’, but this funding will accelerate market awareness and growth.”

StrikeReady has secured Series A funding amidst challenging investment conditions, a testament to the sophistication of its AI solution and the pressing cybersecurity challenges it addresses. Despite turbulent times, StrikeReady’s innovative approach to how security teams work has garnered significant investor confidence, positioning the company as a leader in cybersecurity. StrikeReady intends to use its new funding to extend its product leadership in AI-based SOC technology, ramp its global go-to-market team, and continue scaling its infrastructure.