Qevlar AI lands $30M to expand AI security operations platform
Qevlar AI, a French cybersecurity firm, has secured $30 million in new funding to enhance its AI-powered security operations center (SOC) platform. This investment, co-led by Partech and Forgepoint Capital International with participation from EQT Ventures, will fuel the development of autonomous AI capabilities designed to tackle the escalating challenges faced by SOC teams in managing a deluge of threat alerts. The funding underscores growing investor confidence in AI-driven solutions for cybersecurity. The platform leverages AI to automate critical aspects of threat investigation, including data enrichment, alert pattern identification, and report generation. By streamlining these often time-consuming processes, Qevlar AI aims to free up security analysts to focus on more strategic tasks such as proactive threat hunting and improving an organization's overall security posture. This advanced automation is particularly crucial as attack scenarios can generate a massive volume of alerts, overwhelming human analysts. This advancement in AI security operations has significant implications for managed security service providers and large enterprises. Organizations utilizing Qevlar AI's technology report faster investigation times, continuous automated analysis, and deeper alert reviews, even amidst rising alert volumes. The company's vision extends beyond mere alert investigation to providing an intelligent AI SOC that uncovers insights, helps identify root causes of security incidents, and enables teams to prevent recurring threats, thereby bolstering digital sovereignty.
Curated and translated by Europe Digital for our multilingual European audience.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
