Intezer, a New York-based company specializing in AI-powered technology for autonomous security operations, has secured $33 million in Series C funding, bringing its total capital raised to $60 million.
Investors
The funding round was led by Norwest Venture Partners, with contributions from Intel Capital, OpenView, Magma, and CyberArk founder Alon Cohen.
Norwest Venture Partners is a global venture and growth equity investment firm managing more than $15.5 billion in capital. Since its inception, Norwest has invested in over 700 companies and currently partners with more than 230 companies in its venture and growth equity portfolio. The firm invests in early- to late-stage businesses across key sectors with a focus on enterprise, consumer, and healthcare. Norwest has offices in Menlo Park and San Francisco, California; Mumbai; and Tel Aviv.
Intezer Use of Funds
The fresh funds will support Intezer’s go-to-market and product development efforts.
About Intezer
Intezer provides AI-powered technology for autonomous security operations, with a vision to address talent shortages and skill gaps in the cybersecurity industry. Intezer has developed the Autonomous SOC Platform to investigate alerts, make triage decisions, and escalate findings about serious threats like an expert Tier 1 SOC analyst. It leverages advanced AI to enhance security team efficiency by automating alert investigations and responses.
Funding Details
Company: Intezer Labs, Inc.
Raised: $33.0M
Round: Series C
Funding Date: September 2024
Lead Investors: Norwest Venture Partners
Additional Investors: Intel Capital, OpenView, Magma, Alon Cohen
Company Website: https://intezer.com/
Software Category: AI Cybersecurity Solutions
Source: https://www.prnewswire.com/news-releases/intezer-raises-33m-to-extend-security-teams-with-ai-that-emulates-human-analysts-302249445.html