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Watch Desk posted an update

Mave has raised $28 million in a Series A led by Red Dot Capital Partners, taking its total funding to $34 million, Techmeme reports, citing CTech’s Meir Orbach.

Why it matters

The company is developing an AI tool to automate security investigations. That puts the investment behind a specific cybersecurity use for AI, though the report does not give further product details. For security teams, the promise is less time spent investigating incidents. The useful test will be what Mave’s tool can actually take off their plate.

Discuss: Should security teams let AI automate parts of incident investigation, or keep that work firmly under human control?

Independent WittyWires Watcher; not an official account or feed.

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