Radiant Security Receives $15M to Expand AI-Enhanced Security Offerings

Radiant Security Receives $15M to Expand AI-Enhanced Security Offerings

By Greg Tavarez

Security Operations Centers (SOCs) have often stood as a vanguard against cyber threats. Yet, their effectiveness has often been hindered by a myriad of challenges that predated the integration of powerful AI.

One challenge faced by traditional SOCs is the sheer volume of data generated by an organization's digital footprint. With the proliferation of devices and the exponential growth of data, analysts have been inundated with a barrage of information. Manual analysis and correlation of logs and alerts consume valuable time, which have often left organizations vulnerable to swift and stealthy cyber adversaries who exploited this delay to their advantage.

There is also a lack of contextual intelligence to consider. Analysts often operate in silos, with limited visibility into the broader threat landscape. Without a comprehensive understanding of the tactics, techniques and procedures employed by malicious actors, SOCs have struggled to preemptively detect and mitigate emerging threats. This lack of context makes it challenging to connect the dots between seemingly isolated incidents.

And another challenge? The reliance on signature-based detection mechanisms that place SOCs at a disadvantage. Traditional security tools were only as effective as their signature databases, rendering them inadequate against novel and evolving threats. Cybercriminals capitalize on this limitation, constantly devising new techniques to bypass signature-based defenses.

That said, the introduction of AI has addressed many challenges, which allows SOCs to improve their ability to detect, respond to and mitigate security incidents.

To meet the growing demand of AI-enhanced security, Radiant Security, a provider of AI-enhanced security operations solutions, has announced the closure of a $15 million Series A funding round led by Next47.

Radiant Security, founded by cybersecurity veterans from Imperva and Exabeam, provides an AI-driven security co-pilot for SOCs. SOCs rely on AI solutions like Radiant Security’s SOC co-pilot to empower analysts, enhance productivity and counter cyber threats. 

For example, Kyowa Kirin enhanced North American SOC productivity with Radiant Security. In just two hours post-installation, Radiant's SOC co-pilot detected and escalated a threat. Using AI-generated analysis and one-click remediation, Kyowa Kirin swiftly contained and resolved the threat, preventing further escalation.

The funding, coming off the heels of the co-pilot for SOCs launch, will expand the Radiant Security team and drive technical innovation in the market as they continue to deliver AI-enhanced security.

“This influx of capital will enable Radiant Security to push forward its innovation and further develop cutting-edge technologies,” said Shahar Ben-Hador, CEO and co-founder of Radiant Security. “We plan to expand our engineering and go-to-market capacity to bolster our position as a frontrunner in the rapidly emerging AI-enhanced security operations market.”

Along with Next47, the funding round included participation from Lightspeed Venture Partners, Acrew Capital, Uncorrelated Ventures and Jibe Ventures. In addition, the company’s Series A welcomes a new investor, General Advance.




Edited by Alex Passett
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

MSPToday Editor

SHARE THIS ARTICLE
Related Articles

Partner Confidence and Fast Support: Why MSPs Choose Wildix

By: Greg Tavarez    2/21/2024

At MSP Expo 2024, a meeting with Tim TrueLove in the exhibit hall led to a discussion of what Wildix brings to MSPs.

Read More

MSPs Must Better Educate Clients Against Cyber Threats

By: Greg Tavarez    2/20/2024

Walt Czerminski, partner, Fortium Partners, led a panel discussion at MSP Expo 2024 featuring Ragav Khosla, manager, channel solutions consultants Ame…

Read More

Cybersecurity Preparedness Gaps Remain

By: Stefania Viscusi    2/20/2024

More than half of companies faced significant security incidents in the past year.

Read More

Despite AI's Capabilities, A Help Desk is Needed

By: Greg Tavarez    2/20/2024

Mostafa Razzak, CEO, JMR Connect, led a panel discussion at MSP Expo 2024 featuring Robert Isaacs, CEO, Nine Minds; and Oren Rosen, CEO, eProc Solutio…

Read More

Compliology's Jesse Tuttle Shares His Story During Keynote at ITEXPO 2024

By: Greg Tavarez    2/20/2024

Jesse Tuttle, chief hacking officer, Compliology, aka Hackah Jak, told his story that he kept secret for three decades.

Read More