Cybersecurity company Redcoat AI announced Stealth Mode with $4.24 million in funding led by Pear VC, with participation from Leonis Capital, Sancus Ventures, Kyber Knight and others. The funding will accelerate the development of the platform and expand its reach.
Redcoat AI started at Inception Studio, a nonprofit accelerator for experienced founders. Launched by a team of seasoned cybersecurity and AI experts, Redcoat AI uses the latest AI innovations to build defenses against sophisticated cybersecurity attacks such as AI-based social engineering attacks that use contextual information, deep fakes, and human-like interactions.
Redcoat AI’s platform offers a dual approach to cybersecurity: an on-demand red teaming service for social engineering attacks and mobile defense that extends comprehensive protection to SMS, WhatsApp and other messaging platforms.
KEY QUOTES:
“We founded Redcoat AI at a pivotal moment for cybersecurity. Thanks to generative AI, malicious actors now have the ability to design highly realistic, hyper-personalized attacks with unprecedented sophistication and scale. But AI also offers unique opportunities for innovative defenses. We are excited about the opportunity to create a new cybersecurity platform for the AI era.
- John Whaley, CEO of Redcoat AI – who is also a serial founder and adjunct lecturer in computer science at Stanford University
“Redcoat’s focus on cybersecurity responds to the current moment and ever-changing digital threat landscape. Their acumen in AI and cybersecurity positions them as leaders in the field, and we are excited to support their vision for protecting organizations in the era of generative AI.
- Mar Hershenson, Managing Partner at Pear VC
