Wednesday, March 29 2023

Today, alphaMountain.ai announced it has received $2.7 million in seed funding led by Mercato Partners’ Prelude Fund. The round will help the company continue developing the company’s threat intelligence, which has already landed several major partner integrations with Cisco SecureX, ReversingLabs, Cyware, Maltego and others.

alphaMountain.ai’s unique technology is based on a continuously trained neural network and actor voting system that combines data from threat feeds and real-time user network telemetry. While legacy solutions have struggled to protect enterprises due to low accuracy and poor coverage, alphaMountain.ai’s technology provides broad coverage for nearly 1 billion domains and IPs in all geographies and languages, including site malicious risk and web reputation, content classification and cybersquatting (i.e. phishing) detection.

“What’s unique about alphaMountain – aside from having two of the brightest minds in network security and machine learning at the helm – is that they are actually using AI. Many cyber tools claim to use AI but are actually using static based human authored rules.” said Zach Sivertson, partner at Mercato Partners’ Prelude Fund. “Even at this early stage, alphaMountain.ai’s technology is very impressive, and partners can tell a difference in the quality of data.”

alphaMountain.ai has an enviable investor roster that includes CrossPoint Capital Partners, Andrew Peterson, co-founder at Signal Sciences and a group of prominent Utah-based investors. Already, the company has gained strong early traction with five major partner integrations, impressive data customers, and technology that scales to billions of lookups per day.

“At Blue Coat Systems, John and Mathew laid the foundation for several web protection tools that companies still rely on today,” said Greg Clark, Managing Partner of Crosspoint Capital Partners and former CEO of Blue Coat Systems and Symantec. “Given the relevant experience the founding team has in this critical cybersecurity area, it was an easy decision to back this endeavor. Early results from the intelligence platform are very encouraging.”

CEO John Ahlander and CTO Matthew Wood co-founded alphaMountain.ai in 2020 to bring the latest machine learning techniques to enterprises in search of coverage from the Internet’s malicious actors. As former Vice President of Product Development and Cloud Operations at Symantec, John Ahlander has decades of experience leading teams in malware defense, web filtering, breach detection, reporting and analytics. Similarly, Matthew Wood has nearly two decades’ experience as a Chief Scientist and Engineering Director for Symantec, Solera Networks and others, where he was instrumental in building a network forensics platform used by some of the world’s largest organizations.

alphaMountain.ai has partnered with Cisco to enable security for major events, including Super Bowl LVI (2022) and Black Hat USA (2021).  The integration provided threat intelligence to the Cisco SecureX platform used to investigate suspicious activities in the event networks.

“alphaMountain.ai is a valued member of the Cisco Secure Technical Alliance, with their SecureX integration,” said Jessica Bair Oppenhenheimer, director of the Cisco Secure Technical Alliance. “We appreciate their support in securing major events, like the global Black Hat conferences and the NFL’s Super Bowl LVI SOC, where alphaMountain.ai provided full threat intelligence licenses to aid the Cisco teams in protecting the networks.”

John Ahlander
John Ahlander, founder and chief executive officer at alphaMountain.ai

Previous

Fortress Information Security REceives $125M investment from Goldman Sachs

Next

Devo Technology Acquires Kognos

Check Also

Widget

Don’t Miss

Cyber Executive Moves: Netizen, Kroll, Coalfire

Julia Bischoff

Netizen hires Joe Carr as director of cybersecurity, and Krebs Stamos Group names new chief information security officer. Netizen, a veteran-owned cybersecurity solutions provider, named Joe Carr as director of cybersecurity. Carr held many different positions before Netizen, including overseeing acquisition programs for the United States military.  Krebs Stamos Group, a technology risk insights provider, […]

Cyber Deals: Opscura, Acceldata, and Sensiguard Acquisition

Austin Boland-Ferguson

Cybersecurity venture funding activity and mergers and acquisitions: This week’s most sizable deals included emergency and healthcare security service providers. Funding Industrial control system (ICS) cybersecurity provider Opscura Inc. received $9.4 million in Series A funding, which will help the Spain-based company with US expansion. Tenable’s corporate venture capital arm led a $7 million seed […]

Cyber Executive Moves: Appgate, Trellix, Rubrik

Julia Bischoff

Appgate appoints a new CEO, Trellix hires loanDepot’s CISO, SANS Institute taps new CISO director. Secure access solutions provider Appgate appointed Leo Taddeo as chief executive officer and president. Taddeo stepped into the new role after serving as Appgate’s chief information security officer since February of 2022. The SANS Institute, a cybersecurity training company, appointed […]

Cyber Deals: Drata, Field Effect investments, and Veracode acquisition

Julia Bischoff

Cybersecurity venture funding and merger activity: This week’s largest deals were MDR and security automation investments, as MSP consolidation continues to attract corporate buyers. Funding Cork, Ireland-based, data encryption company Valutree acquired $12.8 million in their series A funding round, led by investors Molten Ventures and Ten Eleven Ventures. Funds will be used to expand […]

Cyber Deals: Spin Technology, CyberArk, Mesh Security

James Hu

Cybersecurity Venture Funding and Mergers: This week’s deals involved cloud security services, data privacy, and industrial cybersecurity companies. Funding Cloud cybersecurity firm Mesh Security has secured $4.5 million in venture funding. The round was led by Booster Ventures with participation from other investors. Spin Technology, a firm providing SaaS security solutions, raised $16 million in […]

Cyber Deals: Cybrary, Ping Identity, Axio Global

James Hu

Cybersecurity Venture Funding and Mergers: Key investments were made in cybersecurity training, secure enterprise browser, and risk management companies. M&A activity this week involved identity security, zero trust, and threat intelligence firms. Funding Cybrary, a cybersecurity training platform, raised $25 million in a Series C funding round. The round was led by BuildGroup and Gula […]