Wraithwatch, a Bozeman, MT-based AI-powered security firm, raised $8 million in seed funding.
SaaS Investors
The round was led by Founders Fund, with participation from XYZ Capital and Human Capital.
Founded in 2005, Founders Fund is a San Francisco-based venture capital firm investing in companies building revolutionary technologies. The firm prefers to invest in consumer internet, biotechnology, artificial intelligence, advanced computing, aerospace, transportation, analytics, software, nanotechnology, telecommunication, education, robotics, healthcare, information technology, energy, and media sectors.
About Wraithwatch
Founded by Nik Seetharaman, Grace Clemente, and Carlos Más, Wraithwatch is an AI-driven cybersecurity platform designed to anticipate and counter AI-powered cyberattacks through the use of large language models. Wraithwatch uses large language models (LLMs) to generate various versions of potential attacks, enabling proactive exploration of vulnerabilities and the development of forward-thinking defensive strategies.
Funding Details
Company: Wraithwatch Corporation
Raised: $8.0M
Round: Seed Round
Funding Month: November 2023
Lead Investors: Founders Fund
Additional Investors: XYZ Capital and Human Capital
Company Website: https://www.wraithwatch.com/
Software Category: AI Cybersecurity
Source: https://www.prweb.com/releases/work-shield-raises-6-million-from-ballast-point-ventures-301974570.html