San Francisco startup Doppel has successfully raised $14 million in a Series A funding round, led by Andreesen Horowitz (a16z) and featuring investments from Strategic Cyber Ventures, Script Capital, South Park Commons, and SVAngel. The company operates in the digital risk protection space, focusing on using AI as a defense mechanism against the rising threats of AI impersonation, phishing, and disinformation campaigns. Doppel aims to address the challenges organizations face in scaling digital risk protection due to manual processes and complex systems by developing AI-powered technology for continuous monitoring, rapid detection, and seamless takedowns. The company emphasizes the need for efficient defense strategies in traditional channels like web domains and social media platforms, as well as emerging ones such as Telegram and crypto.
Historically, digital risk protection has been challenging for organizations to scale due to manual processes in security and IP operations. Doppel believes that leveraging AI and automation will significantly enhance analyst efficiency, providing high signal-noise detection, faster takedowns, and response times measured in minutes. By securing this funding, Doppel aims to advance its mission of revolutionizing digital risk protection and empowering organizations to combat evolving cyber threats effectively.
