Aurascape AI, a Santa Clara, CA-based an AI cybersecurity company, raised $12.8M in Seed funding.
The round was led by Mayfield Fund. Other investors and shareholders included Celesta Capital, StepStone Group and AISpace, as well as several industry leaders including Mark McLaughlin, former Chairman and CEO of Palo Alto Networks.
The company intends to use the funds to bolster its product development efforts and support its go-to-market plans.
Led by CEO Rajiv Khemani, Aurascape AI improves cybersecurity for widespread enterprise adoption of AI by leveraging patent-pending AI innovations. The company is currently engaged in proof-of-concepts (POCs) with select customers and plans to launch its first commercial product later in 2024.