Intezer is an Israeli cybersecurity startup specializing in autonomous security operations using AI-powered technology. Their platform uses AI-powered analysis to automate alert triage, incident investigation, and threat hunting. This helps security teams save time, reduce false positives, and respond more effectively to critical threats.
The company recently secured $33 million in Series C funding. This brings the company’s total capital raised to $60 million. The round was led by Norwest Venture Partners with participation from existing investors, including Intel Capital, OpenView, Magma, and Alon Cohen, founder of CyberArk.
Intezer plans to use this new funding to expand its go-to-market and product teams, solidifying its position as a leader in the rapidly growing AI-powered security operations center (AI SOC) market.
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According to the World Economic Forum, nearly four million workers are needed to fill the talent gap in the cybersecurity industry, with 71% of organizations having unfilled cybersecurity positions. Meanwhile, the attack surface expands every day with more devices and connections, generating more alerts for SOC teams to investigate, sifting through false positives to catch real cyber attacks.
Intezer’s Autonomous SOC platform uses unique AI models to simulate human analysts’ decision-making process, effectively functioning as an extension of the security team. Intezer integrates with the customer’s existing security tools to automatically investigate endpoint alerts, SIEM alerts, user-reported phishing, and more. Intezer’s platform triages new alerts in two minutes, automatically resolves false positives, and escalates only 4% of alerts to the SOC team with clear findings and recommended incident response actions, leading to faster response times for critical threats.
The platform automatically analyzes alerts and determines their severity, prioritizes them, and takes appropriate actions. Intezer uses AI to investigate incidents in-depth, identifying root causes and potential threats. The platform actively searches for threats that may have evaded traditional security measures. Intezer integrates with popular security tools, making it easy to deploy and use.
“I know what it’s like to work in SOC and incident response teams, while every day you have too much work, too many alerts, and not enough people. That’s how I became obsessed with helping security teams facing resource shortages. That’s why we built Intezer, with a mission to arm security professionals with AI and automation to virtually extend their capacity by 10x,” said Itai Tevet, CEO and co-founder of Intezer. “This investment accelerates our growth and strengthens our leadership position in the new, exciting category of AI SOC platforms.”