BASEL, Switzerland , May 6, 2024 — Allegria Therapeutics (“ALLEGRIA”), a Swiss biotech company redefining the treatment landscape of therapeutics for mast cell-mediated diseases, announced today a Seed Financing of USD 3.5 Million by founding investor Forty51 Ventures.

Furthermore, the company announced the appointment of co-founder Maria van Dongen, PhD as Chief Executive Officer. Dr. van Dongen brings broad industry experience with a strong track record in Pharma. She previously held positions at amongst others Johnson & Johnson, where she facilitated external partnerships aiming at e.g., the effective targeting of RNA processing and the discovery of peptide-based therapeutics. Previously, she led numerous R&D projects that included the discovery of highly innovative orally active broad-spectrum influenza antivirals, and an R&D platform dedicated to pharmaceutical interventions for disease prevention.

ALLEGRIA’s R&D activities focus on mast cells as mediators of allergy and inflammatory diseases, a class of indications that constitutes an increasing burden world-wide.

More and more patients suffer from the impact that these conditions have on their quality of life. The associated socioeconomic burden is huge, and despite the growing medical need, the therapeutic treatment options are still notoriously limited with overall poor outcome.

With the current financing, ALLEGRIA will progress a differentiated portfolio of proprietary therapeutic approaches around targets that selectively modulate mast cells to more effectively address patients’ needs.

ALLEGRIA collaborates with world leading partners in fundamental mast cell biology, drug discovery and preclinical drug evaluation including Prof. Marcus Maurer, Managing Director of the Institute for Allergy Research at Berlin’s Charité and Dr. Philipp Starkl, Principal Investigator at the Medical University of Vienna.

Forty51 Ventures have been instrumental as an early stage financial and operational supporter in the formation of the company. ALLEGRIA was incorporated in Basel, Switzerland, a broadly recognized hotspot for biotech and pharma.

ABOUT ALLEGRIA THERAPEUTICS

Allegria Therapeutics was founded in Basel, Switzerland by Forty51 Ventures in 2023. Pursuing a differentiated portfolio of proprietary therapeutic approaches around biological targets that selectively modulate mast cells, Allegria plans to redefine the treatment landscape for allergy and mast cell-mediated inflammatory diseases. For more information, please visit www.allegriatx.com

ABOUT FORTY51 VENTURES

Forty51 Ventures is a venture capital firm with its core strategy focused on company formation in Biotech. Forty51 Ventures leads and co-leads early financing rounds of its growing portfolio which includes both academia, Pharma and Biotech spin-outs. www.forty51ventures.com

Contact:
Maria van Dongen,
+31 6 2709 4143 

Logo – https://mma.prnewswire.com/media/2403516/Allegria_Therapeutics_Logo.jpg

SOURCE Allegria Therapeutics

HONG KONG, May 6, 2024 — OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has announced a strategic investment in four consumer-oriented products from Web3 venture studio EVG. These include multi-chain SocialFi infrastructure Open Social Protocol, decentralized collaboration network Zeek, strategy card game Legend of Arcadia and real-time strategy game Last Odyssey.

“EVG is a leading early-stage builder in Asia, driving meaningful innovations in some of the fastest growing verticals like SocialFi and GameFi. We’re excited to support its efforts through our strategic investment and network, and look forward to advocating our shared vision in driving mass adoption in the Web3 space,” said Jeff Ren, Partner of OKX Ventures.

OKX Ventures sees potential in these consumer-oriented initiatives, particularly in their ability to integrate real use cases and gamified mechanisms into social and gaming experiences. This investment will help accelerate the adoption of these disruptive technologies among mainstream audiences in a fun and engaging way.

“With the underlying technologies getting readier than ever, consumer adoption is primed to take off this cycle. And Asia is at the frontier of SocialFi and GameFi, two of the biggest use cases that could onboard the next billion users to Web3. We are humbled to have the support on these novel experiments from OKX Ventures,” said Allen Ng, Co-founder & CEO at EVG.

OKX Ventures is recognized for its forward-thinking approach and ability to identify innovative projects with transformative potential. By investing in EVG’s projects, it aims to tap into the innovative power of EVG and leverage its expertise in Asia to drive product-market fit in the social and gaming sectors.

About OKX Ventures

OKX Ventures is the investment arm of the second-largest crypto exchange by trading volume and Web3 technology company OKX, focusing on exploring the best blockchain projects on a global scale and supporting cutting-edge blockchain technology innovation.

Find out more about OKX Ventures here.

For further information, please contact:
[email protected]  

About EVG

Everest Ventures Group (EVG) is a Web3 operating group dedicated to driving the mass adoption of Web3. With a team of 300 builders, it has launched a diverse portfolio of products for the future of digital interaction across use cases. EVG has also invested and contributed to the making of 100+ projects globally, such as Animoca Brands, Berachain, Yuga Labs, Celestia and Wormhole.

For more information, please visit www.evg.co.

For media inquiries, please contact:
Gemma Lo
Email: [email protected]
TG: @gemmalo

SOURCE OKX Ventures

AUSTIN, Texas, May 4, 2024 — U.S.-based tech startup Iozera, in collaboration with the Government of Morocco, announces an initiative set to transform the AI industry. Iozera has announced the signing of a Memorandum of Understanding (MOU) for the establishment of a pioneering 386MW Data Center and AI Hub in Tetouan, Morocco. This strategic partnership is designed to democratize access to advanced AI computing resources, enhancing availability of GPU-based processing for researchers, startups, and businesses in the U.S., Morocco, and globally. A key feature of this initiative is its commitment to sustainability, leveraging Morocco’s robust renewable energy resources to power the facility.

The MOU signing event is scheduled for May 8th, 2024, at 4:30 PM at the Capital Factory in Austin, Texas. Distinguished attendees will include His Excellency Mr. Mohcine Jazouli, the Moroccan Delegate-Minister to the Head of Government for Investment, Convergence, and the Evaluation of Public Policies, Her Excellency Dr. Ghita Mezzour, Moroccan Minister Delegate to the Head of Government in charge of Digital Transition and Administrative Reform as well as a prominent delegation from the Moroccan Government and AMDIE (the Moroccan Investment and Export Development Agency). Additionally, a special delegation from Taiwan’s Pegatron, including CTO James Shue, will be present, underscoring the significant commitment to this transformative project.

The event is open to the public, and members of the AI and tech community are invited to attend. Following the MOU signing, an AI mixer and networking event will commence featuring a complementary selection of exquisite Moroccan delights and refreshments.  Notable guest speakers, including James Shue, CTO of Pegatron, Ahmed Bennis, General Manager of Tanger Med Zones, Timothy Ngo and Takeshi Hirota, Co-Founders of Iozera, will also take place. Guests are asked to register via the Eventbrite link below and check-in at the Capital Factory, 701 Brazos St, Austin, TX 78701, at 4:30 PM on the day of the event.

https://www.eventbrite.com/e/ai-connex-x-capital-factory-welcomes-the-kingdom-of-morocco-ai-mixer-tickets-889875540697

Eureka Park: A Visionary Renewable Energy-Powered Project

Eureka Park is set to establish a premier global technology AI Hub in Tetouan, Morocco, centered around the 386MW Hyperscale AI Data Center named Iozera. Located just 12km away from the coast of Spain, it includes three additional facilities designed to enhance the data center’s capabilities far beyond traditional data center services.

Facilities at Eureka Park:

Iozera AI Data Center: Engineered for advanced AI computation and traditional data storage, attracting leading tech companies and researchers from around the world.

GenV Data Management Services: Focuses on AI training, data management, labeling, and annotating, creating employment opportunities while also pioneering secure AI training/modeling.

Ryse Research: An incubation and education center that nurtures startups and also prepares Moroccans for employment within Eureka Park.

AI Expo: Showcases the latest global AI advancements from startups and large enterprises, and promotes a tech-savvy culture, enhancing Eureka Park’s visibility and drawing international attention.

Renewable Energy Utilization:

Noor Solar Power Complex:

The Noor Solar Power Complex, located in Ouarzazate, is one of the world’s largest solar farms and a beacon of Morocco’s renewable energy ambitions. This facility uses concentrated solar power (CSP) technology, which involves mirrors or lenses to concentrate a large area of sunlight onto a small area. Electrical power is produced when the concentrated light is converted to heat, which drives a heat engine (usually a steam turbine) connected to an electrical power generator. The Noor Complex is particularly innovative due to its ability to store solar energy in the form of heated molten salt, allowing for power generation even after sunset. This capability significantly enhances the reliability and stability of solar power, providing a continuous, sustainable energy source for the Iozera Data Center.

Koudia Al Baida Wind Farm:

Located in the windy region near Tetouan and close to the Eureka Park site, the Koudia Al Baida Wind Farm is another critical component of Morocco’s renewable portfolio. This wind farm capitalizes on the consistent winds from the Atlantic, converting kinetic energy from wind into electricity using turbines. This source of power is not only sustainable but also cost-effective, further reducing operational costs for Iozera.  The project is currently being repowered to reach a goal of 100MW.

Eureka Park is designed to be a green innovative ecosystem that not only leads in AI technology but also significantly contributes to Morocco’s economic and technological growth. Construction is set to begin in Q4 of 2024 and be operational by Q2 of 2026, ready to host clients and visitors for the 2030 World Cup in Morocco.

Media Contact:
Timothy Ngo
[email protected]

SOURCE Iozera.ai

SAN FRANCISCO, May 3, 2024 — Stockbridge is pleased to announce the final close of the fifth fund (the “Fund”) within its closed-end value-add series for $709 million in capital commitments. The final close, held on April 19, 2024, marks the largest capital raise in the fund series’ history.

“Despite the current challenges of both the economic and capital raising environments, we are extremely pleased with the record-breaking final close of our fifth value-add fund,” said Doug Sturiale, Portfolio Manager for the fund series. “With the fifth fund, we will continue to execute the time-tested strategies we have put into practice throughout the life of the series employing our extensive experience navigating the real estate cycle, and we are grateful for the ongoing trust our investors have within the series as well as Stockbridge.”

The Fund was launched in April 2023 and will follow investment strategies similar to predecessor funds within the series, with the pursuit of strategic value-add opportunities in today’s unique market environment. The Fund will seek to identify real estate investments that Stockbridge believes are undervalued, underutilized or otherwise not operating to full potential to capitalize on opportunities presented by the current economy. These investments present the opportunity to add value through active management strategies that include additional capital investment, leasing, recapitalization, light renovation, or development.

The first fund of the value-add series held its final close in June 2012 with $218 million in capital commitments. Since then, the fund series closed its second, third and fourth funds, for $321 million, $355 million, and $562 million, respectively. The fourth fund’s investment period ended at the beginning of the second quarter of 2023.

About Stockbridge

Stockbridge is a private equity real estate investment management firm led by veteran industry professionals. The firm’s portfolio comprises assets across the investment risk spectrum, including core, value-add and opportunistic strategies. Stockbridge and its affiliates have approximately $33.4 billion of assets under management spanning all major real estate property types and certain specialty property types throughout the United States. For more information, visit http://www.stockbridge.com

SOURCE Stockbridge Capital Group

WASHINGTON, May 2, 2024 — Today, the National Venture Capital Association (NVCA) announced that Byron Deeter, Partner at Bessemer Venture Partners, will serve as the 2024-2025 Chair of the NVCA Board of Directors. 

“Byron’s energy and expertise will help drive the venture industry forward at a pivotal time for the entrepreneurial ecosystem,” said NVCA President and CEO Bobby Franklin. “His deep understanding of cloud and AI technologies, coupled with his strategic vision, will enable NVCA to effectively amplify the voice of the venture capital industry and ensure that NVCA continues to be a strong advocate for its members and the broader startup community.” 

“As we navigate the challenges and opportunities ahead, particularly in the wake of the 2024 election, I am honored to lead NVCA in strengthening and protecting the ecosystem to guarantee the continued growth of innovation,” said Byron Deeter. “NVCA’s responsibility lies in promoting entrepreneurship and fostering policies that facilitate new company creation, and I’m eager to convey this message to policymakers.” 

Deeter is preceded by Charles Hudson, Managing Partner at Precursor Ventures.

“We are grateful to Charles for his leadership and commitment to NVCA over the past year,” said Franklin. “Charles filled a unique space as both Chair of NVCA and an active board member of Venture Forward. His experience and success in the industry will continue to be both an inspiration to emerging managers and a powerful voice in telling the industry story.” 

NVCA also announced the appointment of eight new directors to its board who will serve four-year terms from 2024-2028:

• Erica Brescia, Managing Director, Redpoint Ventures
• Ric Fenton, General Partner, TCV
• Aziz Gilani, Managing Director, Mercury Fund
• Ryan Nece, Managing Partner, Next Legacy Partners
• Tom Shehab, MD, Managing Partner, Arboretum Ventures
• Chelsea Stoner, General Partner, Battery Ventures
• Jarrid Tingle, Managing Partner, Harlem Capital
• Rick Yang, Partner, Head of Technology, NEA

The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.

SOURCE National Venture Capital Association

JUNDIAÍ, Brazil, May 2, 2024 — The Brazilian Climatech developed a revolutionary monitoring platform with AI to fight fires and reduce CO₂ emissions and is leading one of the largest environmental preservation projects in the world.

Certified as a B Corporation, umgrauemeio has just completed its 1st round of fundraising, US$ 3,6 million, started in December, which brought together Baraúna Investimentos, with US$ 1,7 million, Indicator Capital, contributing US$ 1,3 million and The Yield Lab Latam and Rural Ventures complementing the round.

With the aim of combating forest fires, reducing CO₂ emissions and improving the instant detection of smoke signals, climatech developed an integrated management and risk analysis solution, called Pantera, which uses Artificial Intelligence in a monitoring system using security cameras, high resolution, installed on top of communication towers, automatically identifying fire outbreaks in seconds, notifying system operators and accelerating firefighting protocols.

There are more than 17.5 million hectares monitored so far in Brazil, 10 million in forests and native areas, with 2.2 million hectares in the Amazon, monitored 24 hours a day. In the Pantanal biome – a major carbon store, the largest tropical wetland in the world, Natural Heritage of Humanity and Biosphere Reserve by UNESCO – the Embrace the Forest project, which is one of the largest in environmental preservation in the world, involving several entities, aims to achieve 2.5 million hectares of native forest in the region, protecting the community and 140 thousand hectares of indigenous territories in the region.

“Every fire starts and can be put out by a single foot, and it is the speed of detection that defines its proportion. Therein lies the intelligence of our solution. We do not believe in a healthy economy without well-kept forests. We are looking for partnerships to expand the Embrace the Forest project, with a special focus on the Amazon, aiming to establish financial mechanisms for urgent actions against forest fires and high CO₂ emissions,” comments Rogerio Cavalcante, founder and CEO of umgrauemeio.

With revenue of US$3,6 million in 2023 and an estimated US$ 4,6 million for 2024, umgrauemeio participated in the G20-DIA in India, at the invitation of Itamaraty and won the startup challenge promoted by the Brazil Climate Summit in New York (USA), being invited to COP28 in Dubai. More www.umgrauemeio.com.

SOURCE umgrauemeio

EnviroSpark announces $50 million in funding, spearheaded by Basalt Infrastructure Partners, to propel clean transportation infrastructure growth

ATLANTA, May 1, 2024 — National electric vehicle (EV) charging company EnviroSpark Energy Solutions (“EnviroSpark” or the “Company”) announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners LLP (“Basalt”), a leading mid-market infrastructure equity investment firm focusing on investments in Europe and North America. This investment will fuel EnviroSpark’s mission to revolutionize the EV charging landscape, enabling the Company to rapidly expand its owned and operated network across the US, innovate its cutting-edge technologies and further enhance the accessibility and sustainability of EV infrastructure.

Building upon the momentum of its $15M funding round led by Ultra Capital in 2022, Georgia-based EnviroSpark has established itself as a key player in the EV charging market. With a broad footprint of over 8,200 charging plugs across North America, the Company is well-positioned to further advance the adoption of electric mobility.

“Securing this substantial funding milestone marks a pivotal moment for EnviroSpark,” said Aaron Luque, co-founder and CEO of the Company. “With strategic support from Basalt, we are poised to accelerate our mission of fostering sustainable transportation solutions. This investment not only fuels our expansion efforts but also reinforces our commitment to making electric mobility accessible and convenient for all.”

“As part of our strategy to invest in compelling scale-up opportunities in low carbon infrastructure, Basalt is delighted to be partnering with EnviroSpark to help drive their next phase of growth in delivering long-term sustainable EV charging solutions to customers across North America,” said Andrew Marsden, Basalt’s Head of Energy Transition. “EnviroSpark’s industry leading team is accelerating the build out of the EV-charging network across North America at this pivotal time for the clean transportation sector and we are proud to be sharing in their mission.”

EnviroSpark continues to solidify its position as a leader in the EV charging industry through strategic partnerships and innovative initiatives. The Company has recently cultivated strategic partnerships with industry leaders across various sectors, including RaceTrac, Waffle House, IHG Hotels & Resorts, Ford Dealerships, HHHunt, and Asset Living. In addition to longstanding partnerships with Tesla, Volkswagen, Volta (recently acquired by Shell), and Starwood Capital Group, the company has also partnered with the U.S. Federal Government through the General Services Administration, which underscores EnviroSpark’s dedication to driving widespread commercial and government EV adoption by addressing critical infrastructure needs.

EnviroSpark also acknowledges its recent achievements in securing National Electric Vehicle Infrastructure (NEVI) awards in Georgia and Tennessee. Selected by the Georgia Department of Transportation (GDOT), EnviroSpark will construct significant DCFC charging projects in Tifton and Metter, Georgia, alongside installations at a Waffle House in Lakeland, Tennessee, chosen by the Tennessee Department of Transportation (TDOT). These awards funded by the Federal government through the Bipartisan Infrastructure Law further exemplify EnviroSpark’s commitment to fostering innovation and sustainability in the electric vehicle infrastructure domain, driving towards a future of accessible and eco-friendly transportation solutions.

About EnviroSpark Energy Solutions
Founded in Atlanta GA by Aaron and Stephanie Luque in 2014, EnviroSpark is an industry leader in the turnkey design, installation and operation of EV charging solutions. The company was founded with two missions: to raise awareness around the benefits of electric vehicles and to build a more robust EV charging infrastructure. Responsible for more than 8,200 installations of charging plugs across North America to date, EnviroSpark addresses the pain points of property owners and drivers by enhancing EV accessibility in customer-friendly ways. Visit www.envirosparkenergy.com for more information.

About Basalt Infrastructure Partners
Basalt is an infrastructure equity investment firm focusing on investments in utilities, energy, transport and digital infrastructure in Europe and North America. Funds advised by Basalt have made over 30 infrastructure investments in Europe and North America since 2013. For more information on Basalt please visit www.basaltinfra.com

SOURCE EnviroSpark

SAN FRANCISCO, May 2, 2024 — Ballistic Ventures, the venture capital firm dedicated exclusively to funding and incubating entrepreneurs and innovations in cybersecurity, today announced that two founding partners, Kevin Mandia and Barmak Meftah, will take the stage at the annual 2024 RSA Conference (RSAC) taking place May 6-9, 2024 in San Francisco. RSAC is one of the world’s largest cybersecurity conferences and brings together industry leaders, experts and practitioners from across the globe.

Ballistic Ventures invites RSAC attendees to join and engage with the team during the following sessions: 

• Monday, May 6 from 4:35 – 4:55 pm PT: Ballistic Co-founder and Strategic Partner and Mandiant CEO Kevin Mandia will lead a keynote discussion “The State of Cybersecurity – Year in Review.” He’ll share observations after responding to hundreds of cyber intrusions in the last year including a synopsis of the apex attacker techniques, the most impactful cyber defense tips, and how cybersecurity impacts board and executive decision-making.
• Tuesday, May 7 from 10:45 – 11:35 am PT: Ballistic Co-founder and General Partner Barmak Meftah will serve as one of the three panelists for RSAC Launch Pad, where early-stage startups will pitch their ideas to the panel of venture capitalists who will offer valuable strategic advice.
• Thursday, May 9 from 9:40 – 10:30 am PT: Mandia will also lead the panel “Private Sector’s Power Play: Shaping AI and Cybersecurity Policy.” He will be joined by Lisa Kaplan, founder and CEO of Ballistic portfolio company Alethea; Sarah Barrington, PhD, AI researcher at UC Berkeley; Matthew Olson, Assistant Attorney General, National Division of Security in the US Department of Justice; and Alex Stamos, Chief Trust Officer at SentinelOne. Together, they will discuss the evolving AI and threat landscape and discuss the role of the private sector in securing our digital future.

“With an election year already plagued with disinformation, the democratization of generative AI, a surge in ransomware attacks and an ever-evolving attack surface, the 2024 RSA Conference provides an invaluable platform for our industry to collaborate and exchange insights that will drive cybersecurity forward,” said Meftah. “My fellow partners and I look forward to this event, and we encourage entrepreneurs working on innovative security solutions to get in touch.”

Earlier this week, Ballistic Ventures announced the Ballistic X Pursuit Cyber Fellows program, charting a path to narrow the industry’s talent gap and economic divides. Ballistic and Pursuit will be onsite at RSA to discuss the program with prospective corporate partners. Schedule an onsite meeting at [email protected].

The VC firm also announced today its investment in Mimic, the ransomware defense company, which emerged from stealth with $27 million, led by Ballistic Ventures. Read about the new investment and more here.

About Ballistic Ventures
Ballistic Ventures is a venture capital firm solely dedicated to early-stage cybersecurity and cyber-related companies. The partners have spent their entire careers defending against every cyber threat conceivable. Members of the firm have founded, operated, and funded over 100 successful cybersecurity firms – including Abnormal Security, AlienVault, ArcSight, Fortify, Mandiant, and Shape Security – led over 10,000 security professionals globally, and have 40+ years of experience in venture capital. The Ballistic portfolio includes Aembit, Alethea, ArmorCode, AuthMind, Codezero, Concentric AI, Mimic, Nudge Security, Oligo Security, Pangea, Perygee, Reach Security, SpecterOps, Talon (PANW) and Veza. Our experience provides entrepreneurs impactful support from people focused on the same mission. Our networks and relationships open doors for our founders. Learn more at ballisticventures.com.

SOURCE Ballistic Ventures

Funding enables Bricklayer AI to expand product development creating Autonomous AI Specialists that work alongside human experts, to run smarter, faster, more effective security operations.

MCLEAN, Va., May 2, 2024 — Bricklayer AI Inc. announces a pre-seed investment of $2.5M to advance product development of its autonomous AI security analyst solution. The pre-seed round was oversubscribed with participation from Sovereign’s Capital, Dreamit Ventures, VIPC’s Virginia Venture Partners, BlueWing Ventures, and Blu Ventures, as well as cybersecurity industry leaders. 

Bricklayer AI has built the first autonomous security platform that combines multiple AI agents to form a team of AI specialists that collaborate with their human peers to create a faster and more efficient cybersecurity team. By leveraging the same model that makes human teams powerful, Bricklayer Specialists, tools, and procedures become integrated into the existing organizations’ people, process, and technology in a simple and intuitive way. 

“Bricklayer AI, as part of its customer work, was used by enterprise customers and MSSPs alike and received overwhelmingly positive feedback that AI Analysts in the cybersecurity domain would lead to dramatic improvements in security operations. This, coupled with Adam’s [Bricklayer AI CEO] expertise in cybersecurity and his experience building enterprise software companies and prior success at ThreatConnect, was what excited us to invest” said Tanuj Gulati, Founder and former CTO of Securonix, Strategic Advisor at Dreamit Ventures.

Bricklayer is not another co-pilot. The product has been focused on an autonomous agent vision from the beginning. Using Bricklayer AI, human SOC teams select AI Specialists, equip them with AI tools, create tasks and run procedures – and automate these processes at scale. While Bricklayer AI can serve in a supporting role, with the human security analyst in the driver’s seat, the massive operational benefit comes through automating workflows that the analyst is responsible for, then scaling laterally to massively multiply the security workforce. 

Bricklayer AI’s Founder and CEO, Adam Vincent, is a proven cybersecurity expert and previous founder of ThreatConnect, a company specializing in intelligence and automation to produce the industry’s first intelligence driven security operations platform. Bricklayer is the next evolution of automation and intelligence. 

“There are simply too few cybersecurity professionals to meet the demand of today’s threats. Human teams have an insurmountable challenge by themselves. Adding AI analysts that are purposefully trained to automate time-consuming tasks, is the best way to solve for the hiring dilemma. Teams can grow – and become more effective – on day 1 of implementing Bricklayer.,” stated Adam Vincent, Bricklayer AI Founder and CEO.

Unlike most technology platforms that require customers to map their people and processes to the particular technology they purchase, Bricklayer augments the existing human team across any existing processes and technologies. Bricklayer AI accomplishes this through a proprietary approach to assimilating public and customer knowledge, integrated autonomous agent planning and execution, and its ability to connect with existing enterprise software via out-of-the-box and customer-created plugins.

Bricklayer AI will use the funds to further product development. Interested organizations can request early access here. 

About Bricklayer AI

Bricklayer AI is the first AI cybersecurity solution that enables autonomous AI specialists to work alongside human experts, to run a smarter, faster, and more effective security operations team. With Bricklayer AI, multiple independent AIs collaborate and use AI tools to accomplish complex cybersecurity procedures, all controlled using natural language. AI Security Analysts, AI Threat Intelligence Analysts, and AI Incident Responders add speed, augment and accelerate security teams’ capabilities in order to stay ahead of today’s most sophisticated AI-enabled threats. Learn more at bricklayer.ai.

SOURCE Bricklayer AI