Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybersecurity Funding

Fable Security Raises $31 Million for Human Risk Management Platform

Fable Security has emerged from stealth mode with a solution designed to detect risky behaviors and educate employees.

Fable Security on Monday emerged from stealth mode with a platform designed to detect and address risky employee behaviors. 

Fable Security’s human risk management platform leverages a proprietary framework that can synthesize real-time signals from identity, cloud, access, endpoint, and productivity systems in search of risky behavior. 

The collected data is used by AI to generate “interventions” — this includes chats, automated workflows, nudges and video briefings — aimed at educating employees. 

These interventions are tailored to the employee’s role and behavior, they are timed to moments of heightened risk, and are delivered through channels such as email and Slack. 

“The system learns from the actions people take and assesses risk anew—a first-of-its-kind, closed-loop engine for continuously driving down human risk for enterprises,” the company explained

Fable Security was founded in 2024 by Nicole Jiang, who serves as the company’s CEO, and Sanny Liao, who serves as CPO. Jiang and Liao were founding members of Abnormal AI (formerly Abnormal Security), a company specializing in human behavior security, particularly as it pertains to email and SaaS applications.

Advertisement. Scroll to continue reading.

The company has raised a total of $31 million in seed and Series A funding from Greylock Partners, Redpoint Ventures, and others.

Forbes reported — citing people familiar with the matter — that the company has been valued at $120 million. 

Related: HeroDevs Raises $125 Million to Secure Deprecated OSS

Related: GRC Firm Vanta Raises $150 Million at $4.15 Billion Valuation

Related: Empirical Security Raises $12 Million for AI-Driven Vulnerability Management

Related: Cyber Intelligence Firm iCOUNTER Emerges From Stealth With $30 Million in Funding

Written By

Eduard Kovacs (@EduardKovacs) is senior managing editor at SecurityWeek. He worked as a high school IT teacher before starting a career in journalism in 2011. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

With "Shadow AI" usage becoming prevalent in organizations, learn how to balance the need for rapid experimentation with the rigorous controls required for enterprise-grade deployment.

Register

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

People on the Move

AutoNation has appointed Brian Fricke as Chief Information Security Officer.

Varun Kohli has joined GetReal Security as Chief Marketing Officer.

MongoDB has appointed Doug Bowers as Chief Information Security Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.