Automated risk analysis and prioritization company DeepSurface announced that it raised $4.5 million in a seed funding round. The funding round was led by Differential Ventures, an artificial intelligence and cyber security seed venture fund. Key investors include Osage Venture Partners, Ginossar Ventures and Peninsula Ventures.
Founded in 2017, DeepSurface is the first fully-automated platform that collects all needed context from an organization’s network, analyzes all vulnerabilities for exploitability using that context, and then prioritizes all vulnerabilities by risk to the organization. DeepSurface customers include financial services providers, public utilities, legal services, SaaS providers and higher education.
“We are very excited to announce that we’ve raised $4.5 million in seed funding,” said James Dirksen, co-founder and chief executive officer at DeepSurface. “We’ve grown over 300 percent in revenue this year and plan to do the same in 2022. We’ve begun working with large enterprise customers and have over a dozen companies in proof of value evaluations currently. The DeepSurface team is doing an amazing job supporting our early customers; lowering their cost of vulnerability management through automation while rapidly reducing their organizational risk in a measurable way.”
“DeepSurface has a truly unique product that solves a real-world problem in the Cybersecurity world,” said Mitchell Kleinhandler, managing partner at Differential Ventures. “Their platform is easy to integrate into any size enterprise and their customer feedback has been remarkably positive. We’re thrilled to lead the round.”
“DeepSurface has automated away a huge problem that has been consuming vast resources in enterprise companies everywhere. They make vulnerability management teams much better at their jobs, faster and save them money at the same time,” said Nate Lentz, managing partner at Osage Venture Partners. “DeepSurface changes the game.”
DeepSurface is planning growth in the Portland, Oregon, area with positions available in product development, sales engineering and customer success.