Zafran Security raises $60 million Series C for AI-powered vulnerability management

Cybersecurity startup Zafran Security has secured $60 million in Series C funding, led by Menlo Ventures, with participation from Sequoia Capital and others. This funding comes less than two years after their previous round, during which the company reported its annual recurring revenue has more than tripled and its valuation has doubled, based on information published by Silicon Angle.

Zafran's platform identifies vulnerabilities in company infrastructure by analyzing telemetry data from existing cybersecurity tools, organizing it into a consistent format, and removing duplicates. The platform also provides remediation suggestions and guidance on implementation, such as patching servers and verifying successful installation. The company also launched Agentic Exposure Management, which uses AI agents to streamline vulnerability remediation. This new offering can identify if a company's applications are affected by zero-day exploits by checking SBOMs, and it generates temporary mitigations until official patches are released. Agentic Exposure Management also uses AI to identify the specific staff member responsible for a vulnerable workload, accelerating the remediation process and automatically evaluating the exploitability of vulnerabilities.

The substantial Series C funding will enable Zafran Security to further develop its AI-driven vulnerability management solutions and expand its international presence.

Source: Silicon Angle