The cybersecurity market is flush with solutions that help companies after an attack or breach has occurred. New York- and France-based BforeAI is touted to be the first company to bring a predictive approach to improve organisations’ cyber posture with its Predictive Attack Intelligence and Digital Risk Protection Services (DRPS).
In a recent development, BforeAI, a startup in the predictive security segment, secured $15 million in Series A funding. The round was led by SYN Ventures with participation from early investors Karma VC (invested in HYDROGRID and Wirepas), Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City.
BforeAI will use the investment to fuel the company’s AI-driven predictive security platform, which enables customers to stop attacks before they are executed. It will also channel the investment for its U.S. expansion.
AI-powered predictive security solution
Headquartered both in New York, NY, and Montpellier, FR, Luigi Lenguito, BforeAI was founded by Luciano Allegro, Luigi Lenguito, and Sebastian Cesario.
BforeAI autonomously maps and predicts malicious infrastructure through the ingestion of massive datasets, analysing Internet metadata and establishing baselines to detect anomalies, deterring them before they turn into attacks. This unique capability empowers customers with a preemptive active defence posture that enables security teams to stop attacks before they are executed.
The BforeAI PreCrime subscription model comprises both Intelligence and Brand solutions, designed to predict, preempt, and deter malicious campaigns before they impact your business. It is a contract with a 10 times value performance guarantee by Munich Re. This technology is constantly improving anomaly identification to reduce false positives below 0.05%, enabling organisations to stop attacks in less than seven minutes.
With multiple AI/ML patents behind its technology, BforeAI specialises in predictive attack intelligence and automated digital risk protection services.
The company’s mission is to proactively safeguard data, IT/OT networks, digital assets, customers, employees, and brand reputation. By using behavioural predictive intelligence, it monitors over 96% of the Internet to stay ahead of cyber threats, empowering organisations to preempt risks days to weeks in advance of attack.
“BforeAI is automatically blocking thousands of attacks every day, this new round of funding boosts our ability to serve ever more sophisticated customers and drive value in a competitive market. Increasing digital fraud, scams and cyberattacks prove organisations can no longer rely only on a reactive approach: they need to preempt, disrupt and deter attacks,” said Luigi Lenguito, Founder and CEO of BforeAI.
“The unique ability to predict and stop a cybersecurity event before it happens and the thousands of direct integrations with service providers worldwide are clear dierentiators in this crowded market,” said Jay Leek, Managing Partner and Co-founder of SYN Ventures and BforeAI Board Member.
“The combination of data and AI is leading to tremendous advances in the fight against attackers. Predicting where/when the attacker will be is the next level of cyber defence,” commented Richard Stiennon of IT-Harvest and leading industry analyst.
