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Vicarius lands $30M for its AI-powered vulnerability detection tools | TechCrunch

Jan 17, 2024 - news.bensbites.co
Vicarius, a cybersecurity firm that offers AI-based vulnerability remediation, recently closed a $30 million Series B funding round. The round was led by Bright Pixel Capital and included participation from AllegisCyber Capital, AlleyCorp, and Strait Capital. The company has experienced significant growth, with a customer base of over 400 brands, including PepsiCo, Hewlett Packard Enterprise, and Equinix. The funding will be used to advance Vicarius' product roadmap and double its team size.

Vicarius' product offering includes a text-generating AI tool, vuln_GPT, that assists in writing system breach detection and remediation scripts. The company also provides a community for security vulnerability researchers to share scripts and earn virtual currency. Vicarius plans to expand into new markets, particularly Asia Pacific, and integrate its platform with existing ticketing platforms like ServiceNow and Jira.

Key takeaways:

  • Vicarius, a cybersecurity startup, recently closed a $30 million Series B funding round, bringing its total raised to approximately $56.7 million.
  • The company has launched a text-generating AI tool, vuln_GPT, which helps write system breach detection and remediation scripts.
  • Vicarius has a customer base of over 400 brands, including PepsiCo, Hewlett Packard Enterprise, and Equinix.
  • The company plans to use the funding to advance its product roadmap, double its team size, and expand into new markets, particularly in the Asia Pacific region.
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