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DateInvestorsAmountRound
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N/A

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$7.8m

Series A

N/A

Convertible

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Early VC
Total Funding$7.8m

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PatternEx operates in the cybersecurity market, offering an AI-driven security operations platform designed to enhance the capabilities of human security analysts. The company's core product, the Virtual Analyst Platform, leverages artificial intelligence to transform analysts into citizen data scientists, significantly reducing false positives by learning from alert resolutions. PatternEx serves enterprise clients who require advanced threat detection and response capabilities. The platform features over 100 plug-and-play AI models and supports the creation of custom analytics, models, and rules, making it highly extensible and adaptable to various security needs. The business model is based on a subscription service, where clients pay for access to the platform and its features. Revenue is generated through these subscriptions as well as through partnerships with managed detection and response (MDR) service providers. By enabling the sharing of detection models without compromising customer data, PatternEx fosters a collaborative approach to threat detection, enhancing overall security effectiveness.

Keywords: AI-driven, cybersecurity, false positives, threat detection, Virtual Analyst Platform, custom analytics, enterprise clients, subscription service, MDR partnerships, data scientists.

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