Tag: Funding
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Andesite Raises Additional $23 Million and Announces General Availability of the Bionic SOC
in AnnouncementMCLEAN, Va., Feb. 11, 2025 (GLOBE NEWSWIRE) — Andesite AI (Andesite) today announced the General Availability of the bionic Security Operations Center (SOC), its human-AI collaboration product empowering cyber defense teams. Additionally, Andesite revealed that it secured an additional $23 million in capital as a second tranche of seed funding from General Catalyst and Red…
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Andesite AI secures $15.25m to bolster cybersecurity with advanced AI analytics
in PressAndesite AI, a McLean, VA-based firm, emerged from stealth mode with a substantial $15.25m in initial funding. According to FINSMES, the company is dedicated to enhancing the capabilities of cybersecurity teams overwhelmed by sophisticated threats. The funding round was co-led by Red Cell Partners and General Catalyst, marking a robust start for Andesite AI under the…
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Red Cell Partners and General Catalyst Co-Develop Andesite to Advance Cybersecurity for Analysts
in AnnouncementMCLEAN, Va.–(BUSINESS WIRE)–Red Cell Partners and General Catalyst today announced the public launch of Andesite AI (“Andesite”), a cybersecurity company dedicated to delivering cutting-edge technology to overburdened cybersecurity teams. By leveraging artificial intelligence (AI), Andesite analyzes decentralized data sets at scale to help cyber defenders and analysts more quickly surface threats and vulnerabilities, prioritize and…
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WSJ PRO Venture Capital Newsletter: Too Much of a Good Thing
in PressGood day. The hype around artificial intelligence is creating challenges for businesses selling AI products, says Jack Altman, managing partner of Alt Capital, which just launched an accelerator for business software startups. On the one hand, demand is strong. “You are seeing companies ramp revenue very quickly,” he said. Budgets are opening up for AI from even more…