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Nexusflow raises $10.6 to build a conversational interface for security tools | TechCrunch

Sep 28, 2023 - news.bensbites.co
Nexusflow, a startup that uses generative AI to help companies understand cybersecurity data, has raised $10.6 million in a seed round led by Point72 Ventures. The funding, which values Nexusflow at $53 million post-money, will be used for hiring, R&D, and product development. The company, founded by UC Berkeley computer science professor Jiantao Jiao, aims to enhance security teams' capabilities by synthesizing data from various security knowledge sources and tapping into existing security tools via their APIs.

Although Nexusflow doesn't have any customers yet, Jiao claims that many companies are discussing proof of concepts. The startup plans to double its team from 10 to 20 by the end of the year to support the growing interest. Nexusflow's models are designed to integrate with security apps and services, allowing users to control security software and get metrics and insights using natural language commands.

Key takeaways:

  • Nexusflow, a startup using generative AI to help companies understand cybersecurity data, has raised $10.6 million in a seed round led by Point72 Ventures, Fusion Fund, and several AI luminaries in Silicon Valley.
  • The funds will be used for hiring, R&D, and ongoing product development, according to founder and CEO Jiantao Jiao.
  • Nexusflow synthesizes data from various security knowledge sources and taps into existing security tools via their APIs, allowing users to control security software and get metrics and insights using natural language commands.
  • While Nexusflow doesn't have customers yet, Jiao claims that many companies are discussing proof of concepts and plans to double its team from 10 to 20 by the end of the year.
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