Cybersecurity company Redcoat AI announced the emergence from stealth mode with $4.24 million in funding led by Pear VC, with participation from Leonis Capital, Sancus Ventures, Kyber Knight, and others. The funding will accelerate the platform’s development and expand its reach.
Redcoat AI originally started out at Inception Studio, a nonprofit accelerator for experienced founders. Launched by a team of seasoned cybersecurity and AI experts, Redcoat AI utilizes the latest AI innovations to build defenses against sophisticated cybersecurity attacks such as AI-powered social engineering attacks that use contextual information, deep fakes, and human-like interactions.
Redcoat AI’s platform provides a dual approach to cybersecurity — which is an on-demand red teaming service for social engineering attacks and mobile defense that extends comprehensive protection across SMS, WhatsApp, and other messaging platforms.
KEY QUOTES:
“We founded Redcoat AI at a pivotal moment for cybersecurity. With generative AI, bad actors now have the ability to craft highly realistic and hyper-personalized attacks with unprecedented sophistication and scale. But AI also offers unique opportunities for innovative defenses. We are thrilled by the opportunity to create a new cybersecurity platform for the AI era.”
- John Whaley, Redcoat AI’s CEO – who is also a serial founder and an Adjunct Lecturer in Computer Science at Stanford University
“Redcoat’s focus on cybersecurity meets the current moment and the ever-evolving landscape of digital threats. Their AI and cybersecurity acumen positions them as leaders in the space, and we’re excited to support their vision for safeguarding organizations in the generative AI era.”
- Mar Hershenson, Managing Partner at Pear VC
