Discern Security recently launched with $3 million in funding to enhance performance of cybersecurity tools used by businesses as it builds ties with Fortune 500 enterprises and cybersecurity firms. This funding round was led by a diverse investor consortium including BoldCap, WestWave Capital, Cyber Mentor Fund, Security Syndicate, and influential Global Chief Information Security Officers (CISOs).
During a time where global organizations collectively invested over $150 billion in cybersecurity measures last year, the surge of cyberattacks leads to trillions of dollars in annual damages, underscores the critical need for cybersecurity innovation. Addressing this existential threat, Discern Security – the pioneering AI-driven policy management cybersecurity startup – had emerged from stealth.
Launched by seasoned entrepreneurs Sai Venkataraman, Santhosh Purathepparmbil, and Rohan Puri, Discern Security aims to reshape the cybersecurity landscape by harnessing the formidable power of AI. And the company functions as a “Policy Intelligence Hub,” utilizing AI capabilities to monitor and optimize security controls across a multitude of cybersecurity tools for its clients. This approach fosters the development of a cohesive cybersecurity mesh architecture, facilitating seamless integration among various security products.
Discern Security addresses three pivotal challenges confronting the industry:
1.) It empowers organizations to maximize the efficacy of their security investments by enhancing the performance of existing products.
2.) It alleviates the industry-wide shortage of cybersecurity expertise by taking on the operational heavy lifting, thus enabling teams to focus on strategic initiatives.
3.) It tackles the inherent issue of standalone security products by simplifying the complex configuration process, thus enhancing both security and productivity.
Through its Policy Intelligence Hub, Discern Security enables organizations to visualize and optimize their security configurations, ensuring continuous dynamic policy management throughout their cybersecurity tool arsenal.
And in stark contrast to conventional static and compartmentalized security solutions, Discern Security’s platform adopts a proactive interconnected approach to cybersecurity. By integrating AI into the equation, the platform enables businesses to manage their security resources with greater efficiency while fortifying defenses against advanced cyber threats.
Discern Security’s solution already gained significant traction, forging partnerships with numerous Fortune 500 corporations and top-tier cybersecurity firms. And the proceeds from the funding round will be allocated to expand the product offering, incorporating essential integrations, and continuing the recruitment of a global team of cybersecurity experts. And Discern Security is ready to extend these solutions to businesses worldwide, actively safeguarding their digital assets against evolving cyber threats.
KEY QUOTES:
“The cybersecurity landscape demands perpetual innovation and fine-tuning, and our team at Discern Security is resolutely committed to ushering in a paradigm shift. With our platform, businesses gain the advantage of a comprehensive security strategy that not only mitigates risks but also optimizes their security investments. Our mission is to deliver world-class cybersecurity solutions transcending geographical boundaries, safeguarding organizations worldwide.”
— Sai Venkataraman, Co-founder and CEO at Discern Security
“Security threats to organizations continually evolve, yet security policies and configurations at most organizations are infrequently updated, often once or twice a year. This leads to increased risk and vulnerability. Discern’s AI-powered solution strategically addresses this need and is poised to create a new category and become a market leader in this space. We are delighted to lead their funding round.”
— Sathya Nellore Sampat, General Partner at BoldCap
“Discern Security’s innovative AI-driven approach to cybersecurity promises to make a significant impact in the industry. We believe that Sai, Santhosh, and Rohan’s visionary leadership positions them as category creators, and we eagerly anticipate supporting their mission to fortify businesses against ever-evolving cyber threats.”
— Warren Weiss, Managing General Partner at WestWave Capital
