Adaptive Security raises $81 million to combat AI-powered social engineering

According to Silicon Angle, Adaptive Security Inc., a startup focused on defending against artificial intelligence-powered social engineering, has announced it secured $81 million in new funding. This capital infusion is intended to fuel the expansion of its platform, bolster its team, and accelerate product development.

Founded in 2024, Adaptive addresses the growing threat of AI-driven social engineering by offering an AI-driven simulation platform. This platform generates realistic, multi-channel attack scenarios, including email phishing, SMS attacks, and voice deepfakes, to train employees on how to identify and resist deceptive tactics. Beyond simulations, the platform continuously assesses workforce risk by monitoring employee responses to these simulated threats, updating individual risk profiles, and delivering targeted training to address identified weaknesses. The company emphasizes human-centric training and behavior change, providing contextualized learning experiences that teach employees to recognize AI-enhanced deception.

The significant funding round, led by Bain Capital Ventures, highlights the increasing recognition of human-layer security as a critical board-level priority due to the surge in AI-enabled threat vectors. Adaptive's success in attracting over 500 enterprise customers, including major companies like PayPal and Xerox, since its January launch, underscores the urgent need for advanced solutions to combat evolving cyber threats.

Source: Silicon Angle