Leading AI-powered cybersecurity firm RAD Security has raised $14 million in Series A funding to further improve its ability to protect businesses from ever-evolving cyber threats and to further advance innovative security technologies. A group of well-known investors spearheaded the investment round after being thoroughly impressed with RAD Security’s revolutionary technology and potential to overhaul the cyber-defense industry altogether.
The firm specializes in using machine learning and artificial intelligence to detect, evaluate, and block cyberattacks in real-time. RAD Security is able to provide companies with better protection against ransomware, data breaches, and advanced persistent attacks, among other forms of cyberattacks, using AI-powered threat detection technologies. The platform is a great choice for companies who wish to stay ahead of fraudsters because of its inherent automatic adaptability and evolutionary characteristics in reaction to emerging trends in threats.
Businesses are open to attacks on data, loss of finances, and reputational loss as cybercrime becomes the norm, particularly as all sectors of the economy become more digitally linked. Preemptively identifying potential attack sites before they are able to grow into full-blown attacks, RAD Security’s sophisticated AI algorithms offer businesses a smart security system that actively reduces threats. The use of AI by the platform renders the conventional, fixed security mechanisms redundant since it has the capacity to learn and develop progressively with time depending on fresh forms of attack. With the additional funds, RAD Security will be capable of expanding its business activities to serve increasing demand, adding new lines of products, and creating artificial intelligence.
Firms are increasingly recognizing the need for sophisticated security solutions to guard their computer systems, and this is driving historic growth in the cybersecurity market at the time of this investment. RAD Security possesses a compelling competitive edge in this fast-changing industry because it can use AI to automate threat response and detection. In order to develop its AI-based cybersecurity offerings and develop new strategies for improving the effectiveness and scalability of its platform, RAD Security plans to utilize its research and development activities post-Series A funding, though in a unique way. The firm also plans to expand its customer base and lay down foundations in key international markets so that companies of all sizes can benefit from its innovative cybersecurity offerings.
The information security industry has seen plenty of investment in the last few years as companies have battled to keep their data and systems safe from threats. One of the best examples of the growing importance of AI-based cybersecurity solutions in the war against cybercrime is RAD Security’s $14 million funding. With this additional capital, RAD Security is poised to fulfill its goal of equipping businesses with the tools needed to defend against the ever-evolving threat of cyberattacks.
