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In an exciting development for the cybersecurity landscape, Pavel Gurvich and Ariel Zeitlin, the visionary founders of Guardicore, have raised an impressive \$32 million for their new venture in the cybersecurity and artificial intelligence (AI) sector. Following their success with Guardicore, which was acquired by Akamai for \$600 million in 2021, the duo is back at the helm of a groundbreaking startup. Their latest venture is currently operating in stealth mode but has already garnered substantial support from top-tier venture capital firms, including Greylock Partners and Battery Ventures.
the Original
Pavel Gurvich and Ariel Zeitlin, after a notable tenure at Akamai, have launched a new cybersecurity and AI startup. Their previous company, Guardicore, was acquired by Akamai in 2021 for \$600 million, marking a significant milestone in the cybersecurity world. Now, they have raised \$32 million in initial funding for their new stealth-mode venture, which is focused on the intersection of cybersecurity and artificial intelligence.
The new venture has attracted significant backing from leading venture capital firms such as Greylock Partners and Battery Ventures. This marks another success for the duo, who have been key players in the cybersecurity space for over a decade. The founding team includes not only Gurvich and Zeitlin but also other key figures from Guardicore, including Ofri Ziv, Itamar Tal, and Aner Mazursky.
Akamai’s acquisition of Guardicore led to the creation of its Israel-based cybersecurity hub, with Gurvich leading the charge. Akamai has since expanded its security portfolio by acquiring Israeli cybersecurity startups like Neosec and Noname Security, both valued in the hundreds of millions of dollars. Guardicore itself raised over \$110 million from a range of investors, including industry giants like Cisco Investments and Dell Technologies Capital.
What Undercode Say:
The rise of cybersecurity startups focusing on the intersection of AI and cybersecurity is a trend that reflects the growing complexity and sophistication of cyber threats. By integrating AI technologies with traditional cybersecurity measures, startups like the one founded by Gurvich and Zeitlin are poised to disrupt the industry. The combination of AI’s predictive capabilities and cybersecurity’s defense mechanisms could significantly enhance both the speed and accuracy of threat detection and response.
One of the key reasons behind the success of this new venture could be the experience and expertise of the founders. Gurvich and Zeitlin have already proven their ability to build and scale a cybersecurity company, with Guardicore’s acquisition by Akamai showcasing their vision and execution. Moreover, the backing of high-profile venture capital firms such as Greylock and Battery Ventures suggests that this new startup is tapping into a rapidly growing market.
Another factor that makes this venture particularly noteworthy is the growing demand for AI-driven cybersecurity solutions. With cyberattacks becoming increasingly advanced and frequent, traditional methods of defense are no longer enough. AI technologies, such as machine learning and behavioral analytics, offer a new layer of defense that can identify and mitigate threats more effectively.
Furthermore, Akamai’s continued expansion in the cybersecurity space indicates that the market for innovative solutions is ripe. Akamai’s recent acquisitions of Neosec and Noname Security reflect the company’s strategy of building a comprehensive cybersecurity ecosystem, and the addition of Gurvich and Zeitlin’s new venture could complement this strategy.
Given the explosive growth of the cybersecurity and AI sectors, the potential for this new venture to succeed is high. If they can continue to innovate and attract the right talent and investors, they may very well become a leading player in the industry, just as Guardicore did before them.
Fact Checker Results:
Stealth Mode Venture: The startup is indeed in stealth mode, with details about its product and strategy remaining largely under wraps.
Venture Capital Backing: Verified support from prominent VC firms, including Greylock Partners and Battery Ventures, confirms the financial strength of the venture.
Guardicore Acquisition: Akamai’s acquisition of Guardicore in 2021 for \$600 million is accurate and well-documented in the cybersecurity community. ✅
Prediction:
With the cybersecurity industry increasingly turning to AI-driven solutions, Gurvich and Zeitlin’s new venture could capitalize on this trend, offering next-generation security products that leverage machine learning to detect and mitigate cyber threats. As AI becomes an integral part of cybersecurity, their startup could reshape the landscape of digital defense. By continuing to innovate and attract key talent, their new venture is likely to grow rapidly, possibly even becoming an acquisition target for larger cybersecurity players in the future. 🚀
References:
Reported By: calcalistechcom_807e97659415201570c69a08
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