Kevin Mandia’s new ‘agent swarm’ security startup Armadin raises $255.5M at $2.5B valuation
Last day to demo your breakthrough to 10,000+ tech leaders is on Oct 2. Book Exhibit Table Now. Disrupt ticket savings of up to $200 + 50% off a second ends Sept 25, 11:59 p.m. PT. REGISTER HERE. Kevin Mandia, best known as the founder of cybersecurity startup Mandiant, which sold to Google for $5.4 billion in 2022, has raised $255.5 million for his latest startup, Armadin, at a valuation of more than $2.5 billion, the company announced on Thursday. The Series B round was led by Andreessen Horowitz and Accel, with Bain Capital Ventures, Redpoint, 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins, and Menlo Ventures joining in. The new round comes just six months after Armadin raised a $190 million Series A in March. It has now raised more than $445 million. Armadin is offering enterprises a new kind of always-on security by reimagining defense testing for the AI era. Instead of traditional penetration tests, where hired guns attempt to break in and report on the weaknesses they find, Armadin runs always-on agentic swarms, who chain together vulnerabilities to hack in. The idea is to help organizations find and seal holes before any bad guys (or even AI labs with rogue agents) can use agentic tech against them. Get 50% off a second passThe Disrupt experience is meant to be shared. Get your pass and bring a colleague, partner, or peer at 50% off. Cover more ground by making connections, building momentum, and discovering what’s next in the startup ecosystem. Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility is your destination for transportation news and insight. Startups are the core of TechCrunch, so get our best coverage delivered weekly. Provides movers and shakers with the info they need to start their day. By submitting your email, you agree to our Terms and Privacy Notice.
Source: TechCrunch
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