AegisAI raises $36M to combat AI-powered spear phishing

AegisAI, a cybersecurity startup founded by former Google security executives, has raised $36 million in Series A funding to combat AI-powered spear-phishing attacks. The round was led by Battery Ventures, bringing the company's total funding to $49 million. The funding will be used to expand its platform, which uses artificial intelligence to detect and block highly targeted phishing emails that are increasingly generated by AI tools. These attacks, often personalized and convincing, pose a growing threat to businesses and individuals, as traditional email security measures struggle to keep pace. AegisAI's technology aims to identify subtle anomalies in email content and sender behavior that indicate a spear-phishing attempt. The company plans to scale its engineering and sales teams to meet rising demand from enterprises seeking advanced email defense. The investment underscores the urgency of addressing AI-driven cyber threats, which are expected to become more sophisticated as generative AI tools become widely accessible.