Regarding AI software, you can create something intelligent, but it’s not always the same as building something secure. With so many software now written by AI, having a window on its safety can be a challenge. It is the premise of ArchipelagoA cybersecurity startup based in San Francisco, which is emerging today with stealth with $ 12 million.
The archipelalo argument is that it has a platform for “management of developer safety postures” (DEVSPM).
“We discovered that there is no safety posture tool for developers, and that’s what we have built,” said Matthew Wise, CEO and co-founder of Archipelo, during a call. “What we have found is that each company has this problem. You can have a Fortune 500 bank which includes productivity gains when developers use AI for coding, and they also include risks. But they do not have a solution that allows them to observe and monitor all the instances of use of the AI coding [to identify that risk]. “”
It is estimated that human error is responsible for more than 74% of security violations (Verizon DBIR 2023). However, with the code generated by AI, the problem is now much more complex. The Archipelo platform aims for companies proactively securing the creation of human code and AI before security vulnerabilities reached production.
Funding – that Archipelo will use for the expansion of products and marketing efforts – includes both a pre -series of $ 4 million unexpected and an 8 million dollar seeds led by Dell Technologies Capital. Archipelo competitors in the “Cloud-to Code” space include Palo Alto Networks (Prisma Cloud), WIZ, MSFT (Defender), Github, Gitlab, Snyk, Checkmarx and Veracode. Veracode, which has so far raised $ 114.3 million, according to Crunchbase.
However, Archipelo claims to be distinguished from the above, as he places the developer under a microscope to monitor software risks before becoming incidents. And at the sight of Archipelo, the developer can be an agent or AI or AI coding tool. Other companies are always developing the ability to cover AI people and AI coding tools during development.
Wise added: “It is not a strategic round for Dell. It is a standard VC seed turn. Dell is not yet a client. Customers include customers of Fortune 500 company in banking services, health care and defense, but Wise said it was not yet possible to disclose names, as they are in the midst of deployments.
Zoom CEO, Eric Yuan, Andy Bechtolsheim, Bill Tai, David Weisburd (10x capital), Gil Penchina, Ed Roman (Hack VC), Anima Anandkumar, Samsung, and Nima Capital.
