What does Wirespeed do?
Wirespeed is a cybersecurity startup offering an automated MDR platform that uses a proprietary conditional logic algorithm to deliver rapid, repeatable verdicts on threat detections. The platform integrates with ChatOps tools like Slack, Teams, Email, and SMS to help security teams manage incidents efficiently without extensive manual intervention.
How much did they raise?
The company raised an undisclosed amount in a Seed round led by Mairs and Power Venture Capital, with participation from investors such as Gary Fish, Deke George, Grossman Ventures, RNP Capital Advisors, and Daren Cotter.
What are their plans for the money?
Wirespeed plans to use the funds to expand its operations and development efforts, further enhancing its automated threat detection capabilities and reducing the workload on in-house security teams.
What have they achieved so far?
Under the leadership of CEO Tim MalcomVetter and CTO Jake Reynolds, Wirespeed has already developed its proprietary algorithm and integrated key communication platforms, positioning itself as an innovative player in the cybersecurity space.
