SECURITY
SECURITY
SECURITY
Reclaim Security Inc. and ArmorCode Inc., two startups that develop exposure management software, have raised funding to support their growth efforts.
Reclaim Security announced today that it recently closed a $20 million Series A round. The company earlier received $6 million in seed funding. ArmorCode, in turn, on Tuesday disclosed that it has raised $16 million from a group of new and returning backers.
Reclaim offers an artificial intelligence platform that can scan a company’s infrastructure for common cybersecurity flaws. It identifies known vulnerabilities in open-source components, misconfigurations and related issues. After spotting a flaw, the software generates a remediation plan that it can implement automatically.
Vulnerability fixes sometimes lead to downtime. For example, mitigating a zero-day exploit in a database might require administrators to block inbound connections. Such a change blocks traffic from not only hackers, but also the legitimate applications that keep their records in the database.
The company uses an AI engine called PIPE to simulate the impact of cybersecurity fixes. According to the company, the simulations enable PIPE to identify remediation approaches that don’t disrupt business operations. The platform can implement the remediation steps that it suggests automatically or under the supervision of an administrator. If an error crops up along the way, customers can use a built-in rollback tool to undo the change.
Reclaim Security’s recent $20 million round was led by Acrew Capital with participation from QP Ventures and Ibex Investors. It will use the capital to hire more engineers and accelerate go-to-market initiatives.
“Security tools are excellent at explaining why something is risky,” said Acrew Capital Founding Partner Mark Kraynak. “What they don’t do is make remediation safe and practical. The real breakthrough isn’t more prioritization, it’s removing risk without breaking the business. Reclaim does exactly that.”
ArmorCode, the other exposure management startup that raised funding this week, focuses on many of the same use cases as Reclaim Security. Its platform analyzes telemetry from companies’ infrastructure to identify cybersecurity flaws. Built-in AI models prioritize those issues by severity and generate remediation suggestions.
The company announced its $16 million round on Tuesday alongside the launch of a new platform module. AI Exposure Management, as the module is called, maps out the AI tools that are used by an organization’s employees. It highlights risks such as third-party language models that have access to sensitive business data.
ArmorCode disclosed that growth doubled year-over-year ahead of the funding round, on an undisclosed base. The investment was led by Cheyenne Ventures with contributions from more than a half-dozen other backers. The company will use the capital to speed up product development, hire more go-to-market professionals and grow its partner ecosystem.
“Enterprises are accelerating AI adoption, and with 5 trillion AI agents projected by 2030, AI risk management is essential to keep pace,” said founder and Chief Executive Nikhil Gupta.
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