French cybersecurity startup Qevlar AI has raised $10 million in a new funding round, bringing total investment to $14 million. The funding was led by EQT Ventures and Forgepoint Capital International, with support from various angel investors. Founded in 2023, Qevlar AI is based in Paris, France, and offers an autonomous investigation platform designed to enhance the efficiency of security operations centers (SOCs). The company’s platform aims to reduce analysis time and increase classification accuracy for SOCs.
Qevlar AI’s autonomous investigation API provides rapid, automated analysis of potential security incidents, enabling faster remediation. Its solution is agnostic and integrates seamlessly with an organization’s existing security stack, pulling data for analysis while continuously improving through AI. The platform generates detailed investigation reports and recommends actionable remediation steps. This proactive approach aims to shift SOCs from reactive alert systems to more efficient, proactive threat hunting.
The new funding will support Qevlar AI’s growth and international market expansion plans. The company intends to hire new talent across various teams and invest in advanced product research and development. By doing so, Qevlar AI aims to enhance its product offerings and scale its operations globally. This funding will help strengthen the company’s position in the competitive cybersecurity space.
CEO Ahmed Achchak emphasized the transformative potential of the company’s technology. He stated that Qevlar AI’s autonomous agents revolutionize security operations by completing investigations in seconds instead of hours. This innovation not only improves the speed and accuracy of SOCs but also empowers them to take a more proactive role in threat hunting.
Reference: