Averlon Obtains $8M Seed Funding to Boost AI Cybersecurity Solutions

Seattle-based startup, Averlon, has secured $8 million in seed funding to amplify its artificial intelligence (AI) driven cybersecurity services. The funding round was spearheaded by Voyager Capital, with additional backing from Salesforce Ventures and other investors.

Averlon’s Platform: Tackling Security Vulnerabilities with AI

Averlon’s platform employs predictive and generative AI to identify and address integral security vulnerabilities. The platform was developed under the guidance of Sunil Gottumukkala and Vishal Agarwal, both ex-leaders at Salesforce. Their expertise has significantly influenced the shaping of Averlon’s platform, which merges predictive and generative AI technologies. This strategy aims to alleviate the alert surplus security teams encounter and augment the prioritization of threats.

Funding Round and Future Plans

The latest funding round witnessed contributions from Salesforce Ventures, Outpost Ventures, and several distinguished security executives. The investment will aid Averlon in enhancing its cybersecurity solutions, as concerns over AI technologies being utilized by cyber attackers escalate.

Co-founder of Averlon, Sunil Gottumukkala, emphasized the company’s objective by saying, “We’re finding that needle in the haystack that actually is going to cause a potential breach, and we’re helping fix it.”

Austin Guyette, a partner at Voyager Capital, praised the platform’s capabilities, stating, “Averlon is a powerful platform that allows enterprises to map exactly how an attacker can compromise an environment. By understanding the attacker’s view, Averlon gives CISOs and their teams unparalleled ability to prioritize what an attacker can explore or exploit to pinpoint threats, predict attacks, and to mitigate them.”

Having been operational for two years, Averlon plans to persist in expanding its innovative solutions to address the ever-evolving challenges in cybersecurity.