Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Artificial Intelligence

Former SpaceX Engineers Raise $8 Million to Launch AI Security Firm Wraithwatch

Former SpaceX cybersecurity engineers launch Wraithwatch, an AI-based security firm that received $8 million in seed funding. 

Three former SpaceX cybersecurity engineers have launched Wraithwatch, an AI-powered security firm that has received $8 million in seed funding. 

Wraithwatch was founded by Nik Seetharaman (CEO), Grace Clemente (president), and Carlos Más (CTO). They all previously held important cybersecurity roles at SpaceX, as well as other major companies such as Anduril, Palantir Technologies, Google and Morgan Stanley.

The startup emerged from stealth mode on Thursday with financial backing from Founders Fund, which led the seed funding round, XYZ Capital and Human Capital.

Little information is currently available on Wraithwatch’s offering. The company has described worst-case scenarios of AI-powered cyberattacks and claims its goal is “building the defense” against such attacks by using large language models (LLMs) to generate all possible versions of an attack in an effort to predict and prevent future threats. 

“Long before a new threat actor lands inside our institutions with their cyber implants, autonomous agents powered by generative AI should have proactively explored novel vulnerabilities and attack strategies, simulated their various permutations, and autonomously developed and applied forward-thinking defensive strategies across disparate security tools,” Wraithwatch founders wrote. 

“The end result being deployment of exhaustive defenses in minutes and seconds as opposed to days and weeks and ultimately, arming cybersecurity teams with the heavy firepower needed to turn the tables on a historically one-sided conflict,” they added.

You can learn more about AI-powered cyber defense and adversarial AI at SecurityWeek’s inaugural Cyber AI & Automation Summit, a virtual event set to take place on December 6, 2023.  

Advertisement. Scroll to continue reading.

Related: AI Security Firm Cranium Raises $25 Million

Related: HiddenLayer Raises Hefty $50M Round for AI Security Tech

Related: BeeKeeperAI Platform for AI Development on Sensitive Data Receives $12M in Funding

Related: CalypsoAI Raises $23 Million for AI Security Tech

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.

Organizations are investing heavily in third-party risk management, but breaches, delays, and blind spots continue to persist. Join this live webinar as we examine the gap between how organizations think their third-party risk programs are performing and what’s actually happening in practice.

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

Tim Byrd has been appointed Chief Information Security Officer at First Citizens Bank.

IRONSCALES has named Steve McKenzie as Chief Operating Officer.

Silvio Pappalardo has joined AuthMind as Chief Revenue 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.