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Cybersecurity Funding

Prophet Security Emerges From Stealth Mode With $11 Million in Funding

Bain Capital Ventures and angel investors invest $11 million in automated alerts analysis startup Prophet Security.

Prophet Security, a startup that automates the triage, investigation, and response to security alerts, on Tuesday announced that it has emerged from stealth mode with $11 million in seed funding.

The investment round was led by Bain Capital Ventures, with additional support from several angel investors.

Founded in 2023, the Silicon Valley startup leverages AI to analyze alerts in seconds and help security teams improve productivity.

The company’s platform, Prophet AI for Security Operations, filters incoming alerts and, for each of them, gathers, correlates, and analyzes data from multiple sources to provide a determination and a detailed summary of the investigation.

The platform provides security teams with access to all the evidence supporting its determinations, so they can analyze these investigations, ask questions, and provide feedback where necessary, to ensure that the solution continues to meet the organization’s needs.

Additionally, Prophet AI for Security Operations delivers remediation recommendations and post-investigation reports, and eliminates data leakage by preventing the organization’s sensitive data from being used to train LLMs.

According to Prophet Security, its solution is already deployed at customers in the financial services, healthcare, and high-tech sectors, as part of the company’s early access program.

“Prophet Security delivers a fundamentally new approach to handling alerts, thereby easing a significant burden for security operations teams while increasing the effectiveness of existing security tools and lowering overall risk for the organization,” Prophet Security CEO and co-founder Kamal Shah said.

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Related: Sprinto Raises $20 Million for Automated Risk and Compliance Tech

Written By

Ionut Arghire is an international correspondent for SecurityWeek.


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