June 16, 2024

Tech veterans from Israel have launched a US-based startup that will use the power of AI to prevent cyber attacks.

Its software reportedly will hunt for cyber threats autonomously and conducts investigations.

Lior Div and Yonatan Striem Amit started developing the technology behind their new company, Seven AI, in February. They announced on June 8 that they have already attracted $36 million in seed funding.

They say they’re on a mission, using AI to reinvent the command center – SOC or Security Operations Center – that monitors an organization’s entire IT infrastructure, including websites, databases, servers, applications, networks, desktops and data centers.

“With attackers harnessing the power of AI to unleash unprecedented levels of cyber assaults, the time has come to equip defenders with the same cutting-edge technology,” they wrote in a LinkedIn post. “Our mission is clear: to arm these defenders with AI, turning the tide in the cybersecurity battle.”

The Seven AI website currently reveals very little. It tells visitors it is “reinventing the SOC” and invites them to join a waitlist for further details.

Amit elaborates in another LinkedIn post. “Our multi-agent AI system, trained with comprehensive threat intelligence, performs automated triage and suggests responses across customers’ systems, taking into account the intricacies of their business and preferences,” he wrote.

“This approach eliminates the need for complex detection engineering, manual threat hunting, and playbooks, enabling security teams to focus on strategic initiatives.”

Div and Amit jointly founded the Israeli cybersecurity startup Cybereason in 2012, offering companies protection from ransomware and malware attacks. It attracted $850 million in funding and at its peak in July 2021 was valued at $3 billion.

But it was badly hit by the 2022 global downturn. Its value plunged to $300 million, it was forced to slash its 1,500-strong workforce and last year cofounders Div (CEO) and Amit (CTO) quit.

They went on to establish Seven AI, based in Boston, and have attracted funding from Greylock Partners, the Silicon Valley venture capital fund, and from CRV and Spark Capital—both US-based, and both early backers of Cybereason.

In a LinkedIn post, Greylock said: “Founders Lior Div and Yonatan Striem Amit are exceptional repeat entrepreneurs with deep expertise in hashtag#cybersecurity. We – at Greylock – are proud to lead their initial round of funding and be their first partners.”

Greylock provided pre-seed financing and valued the company at over $100 million last September, before it had even started developing its product, according to a Wall Street Journal report.

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