Vulnerability Management Firm Vicarius Raises $30 Million

New York based vulnerability management firm Vicarius has raised $30 million in a Series B funding round led by Bright Pixel.
Total funding for the company is now more than $56 million.
Vicarius provides automated vulnerability management through its vRx product.
vRx uses a PLG model -customers can test and check for value in vRx before purchasing.
At the heart of vRx is an LLM-based approach to vulnerability management.
The LLM product was officially announced on August 9, 2023.
It uses a gen-AI approach to write detection and remediation scripts for freshly announced vulnerabilities.
The continuously expanding threat surface and increasing speed and volume of attacks leaves businesses exposed and vulnerable between vulnerability disclosure and vulnerability patch.
This will only worsen as attackers better learn how to harness their own LLM tools and increase the speed and volume of attacks.
Vicarius is one of the early firms to fully harness AI defenses to beat AI attacks.
Following vuln GPT's detection, automated remediation scripts can rapidly reduce or eliminate risk from those vulnerabilities until manufacturers deliver a fix and the patch can be implemented.
Vuln GPT generated scripts are freely available within vsociety, the firm's own social community of more than 5,000 security researchers.
The new funding will be used to accelerate the firm's growth at a global scale.
It has offices in Tel Aviv with US headquarters in New York.
It raised $24 million in a Series A funding round in February 2022.
This Series B round brings the total raised, including early Angel and Seed funding, to $59.2 million.


This Cyber News was published on www.securityweek.com. Publication date: Wed, 17 Jan 2024 20:13:04 +0000


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