Harmonic Security Secures $17.5 Million Series A to Revolutionize Data Protection
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Slice of Technology Team
10/08/2024
Key Highlights:
- $17.5M Series A funding led by Next47, joining Ten Eleven Ventures.
- Harmonic Security’s zero-touch data protection leverages AI-powered language models.
- New funding brings total investment to $26 million since launch in October 2023.
- Backed by CISOs from companies like BILL and Bain Capital.
Source: Business Wire
Quotes
“ “With the rapid adoption of Generative AI, renewed data privacy risks mean that legacy data protection tools are not fit for purpose.” ”
Alastair Paterson, CEO & Co-founder at Harmonic Security
Our Take:
Harmonic Security is strategically positioned to redefine data protection by combining advanced AI-driven models with its close alignment to the needs of CIOs and CISOs. This new investment and the expertise of their backers—both financial and technical—will drive their ability to scale rapidly and meet the demands of enterprises navigating an evolving cybersecurity landscape, particularly in the face of GenAI-induced risks. With its “zero-touch data protection,” Harmonic promises to eliminate the complexities traditionally associated with data security while enhancing user experience.
