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AI Cybersecurity Startup Armadin Raises $255 Million

Original: Exclusive | AI Cyber Startup Armadin Raises $255 Million

AI cybersecurity startup Armadin has raised $255 million in new funding, according to an exclusive report by The Wall Street Journal. The round makes the young security firm one of the better-capitalised players in the fast-growing market for AI-driven cyber defence. Details on investors and valuation were not immediately disclosed, but the size of the raise underscores continued strong investor appetite for startups applying artificial intelligence to enterprise security.

Why now: Large funding rounds for AI security startups are drawing attention amid surging investor and enterprise interest in AI-driven cybersecurity.

ArmadinThe Wall Street Journal

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