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Cybereason Founders Launch AI Startup, Raise $36M

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Last year Lior Div and Yonatan Striem-Amit, the founders of Cybereason, quietly started a company in Boston called Seven AI. The Wall Street Journal recently wrote about it but the duo has been tight lipped with the details, not even responding to emails unless they come from potential customers. What we do know is that Seven AI has raised $36 million in seed funding from investors like CRV, Spark Capital and Greylock Partners.

The idea behind Seven is to build a next generation artificial intelligence driven Security Operations Center (SOC), according to Striem-Amit. He said attackers have been using AI to launch more powerful cyber attacks, so he wants to give defenders the same advanced technology for protecting against them.

Cybereason itself has seen better days. Nearly going public in 2021 at a $5 billion valuation, the company’s star has since fallen — much further than most other unicorns that hit the skids this year. Its value dropped by more than 90%, leading to several hundred layoffs before main investor SB Management took control of the business last month.

It would seem that Div and Striem-Amit are ready for their second act though and have put together an impressive list of backers for Seven AI.

Source: calcalistech