What does RevEng.ai do?
RevEng.ai is an artificial intelligence and cybersecurity company that builds foundational AI technologies to detect threats and weaknesses in software, utilizing its proprietary AI model, BinNet, to identify fragments of code across software supply chains.
How much did they raise?
The company raised $4.15M in a Seed round led by Sands Capital with participation from In-Q-Tel Capital, IQ Capital, and Episode 1.
What are their plans for the money?
With the new funds, RevEng.ai plans to accelerate its growth by expanding its team, enhancing its proprietary AI models, and broadening its cybersecurity solutions to meet growing market demand in the U.S.
What have they achieved so far?
RevEng.ai has already made significant progress with its AI model, BinNet, which effectively identifies computer code fragments within organizations' software supply chains, demonstrating tangible advancement in its mission to bolster cybersecurity.