In-Q-Tel Joins $16.85 Million Series A for DropzoneAI

Dropzone AI, a Seattle, WA-based developer of AI security analysts for security operations teams, raised $16.85M in Series A funding.

The round was led by Theory Ventures, adding existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman Joshua Scott, and Integreon President and Head of Cyber Solutions Anshu Gupta also participated.

The company intends to use the funds to continue scaling its GTM motion and its engineering team.

Led by Edward Wu, founder and CEO, Dropzone AI delivers pre-trained autonomous AI analysts that work alongside human analysts on security operations teams. They handle the frontline work of investigating alerts (including cloud, network, identity, endpoint, and phishing alerts) 24/7, giving cybersecurity teams the ability to do vastly more work with the same team. Using LLMs, its AI analysts perform end-to-end investigations replicating the techniques of elite analysts and enable human analysts to focus on real threats and higher-value work. It does not require any playbooks, code, or chat prompts and can be deployed in 30 minutes. As a result, analyst teams can focus on real threats and amplify their output.

Commenting on the news, Edward Wu said: “Dropzone AI gives defenders extra brainpower through AI reinforcements that tackle the routine and time-consuming tasks of investigating alerts, allowing SecOps teams to focus on the high-priority threats and projects.”