Jericho Security, a New York-based cybersecurity startup, recently announced securing $15 million in Series A funding to expand its AI-powered cybersecurity training platform. This funding follows the successful execution of a $1.8 million Department of Defense contract, which helped establish the company’s credibility in the competitive cybersecurity market.
The company’s CEO, Sage Wohns, highlighted the urgency of modern cybersecurity threats, emphasizing the need for innovative solutions. Traditional cybersecurity training methods are no longer sufficient to combat sophisticated attacks like voice cloning and deepfake impersonations.
The Series A funding round was led by Jasper Lau at Era Fund, with additional support from Lux Capital, Dash Fund, Gaingels Enterprise Fund, Gaingels AI Fund, Distique Ventures, and Plug & Play Ventures. These investments will enable Jericho Security to further develop its AI-driven platform and expand its market reach.
One of Jericho’s key differentiators is its use of “agentic AI,” which simulates real-world cyber attacks to train employees effectively. By adapting to individual behaviors and learning from responses, the platform prepares users for evolving threats across various communication channels.
A notable case highlighted by Wohns involved a Singapore CFO who fell victim to a deepfake-enabled fraud scheme, resulting in a significant financial loss. This incident underscores the growing prevalence of AI-driven attacks and the need for advanced cybersecurity measures to combat them.
In response to emerging threats, Jericho Security is focusing on future-proofing its platform by investing in research and development, expanding partnerships, and recruiting top talent in AI and cybersecurity. The company aims to empower organizations of all sizes to enhance their security posture and protect against evolving cyber threats.
As the digital landscape continues to evolve, Jericho Security remains committed to providing cutting-edge cybersecurity solutions that anticipate and mitigate emerging risks. By leveraging AI technologies and innovative approaches, the company is poised to lead the industry in safeguarding businesses against sophisticated cyber threats.
