Toronto, Canada-based company Mycroft emerged from stealth on Monday with a solution designed to help organizations manage and operate their security and IT stack with the aid of autonomous AI agents.
Mycroft has raised $3.5 million in seed funding in a round led by Luge Capital, with participation from Brightspark Ventures, Graphite Ventures, Ripple Ventures, Developer Capital, Antler, BoxOne Ventures, and angel investors.
The company has developed a platform that acts as an AI Security and Compliance Officer, providing cloud security, application security, device management, automatic remediation, and audit and compliance capabilities.
The platform is advertised as a solution that provides enterprise-grade security and compliance to startups and SMBs.
The funding will enable Mycroft to accelerate product development and expand its operations.
The cybersecurity firm claims to have attracted more than 50 customers within six months of its launch.
“Security shouldn’t be a burden. It should be a superpower,” said Mike Kim, co-founder and CEO of Mycroft. “Our goal is to give every company access to enterprise-grade security without needing a massive security team. Mycroft’s AI agents don’t just automate tasks, they elevate the way teams operate, helping them move faster and stay protected from day one.”
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