On April 24, 2024, the AI-driven predictive security platform headquartered in Montpellier, France and New York, USA BforeAI announced that it has raised $15 million in Series A funding. The round was led by SYN Ventures, with participation from early investors Karma Ventures, Karista, Addendum Capital, and new investor New York City Partnership Fund.
The company plans to use the raised funds to accelerate its expansion in the United States and to enhance its ability to serve more complex customers.
BforeAI was founded by Luigi Lenguito in 2020 and provides predictive attack intelligence and Digital Risk Protection Services (DRPS), leveraging behavioral AI technology through its PreCrime™ platform, aiming to shift cybersecurity defense from reactive response to proactive prevention. BforeAI offers brand protection and threat intelligence solutions, and its automated online fraud protection service is fast and highly accurate.
(Source:PR Newswire）