ActZero.ai

ActZero.ai

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Providing ransomware defense for small to mid-sized organizations. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$160—240m (Dealroom.co estimates Mar 2021.)
Seattle Washington (HQ)
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DateInvestorsAmountRound
investor investor

$0.0

round
N/A

N/A

Series A
Total Funding000k

Recent News about ActZero.ai

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ActZero is a cybersecurity startup that specializes in Managed Detection and Response (MDR) services. The company leverages artificial intelligence (AI) to provide robust and affordable cybersecurity solutions, particularly targeting small to mid-sized organizations that may lack extensive IT resources. ActZero's platform is designed to monitor, detect, respond to, and advise on cybersecurity threats, offering a comprehensive security solution that is both efficient and cost-effective.

The company operates primarily in the cybersecurity market, focusing on sectors that include healthcare, education, and small to medium-sized enterprises (SMEs). One notable client is Shannon Medical Center in Texas, which saw a 90% reduction in vulnerabilities within three months of partnering with ActZero. This case exemplifies how ActZero's services can significantly enhance an organization's cybersecurity posture, allowing them to concentrate on their core operations.

ActZero's business model revolves around providing subscription-based MDR services. Clients pay a recurring fee for continuous monitoring and protection against cyber threats. The company also offers advisory services to help organizations develop and implement effective cybersecurity strategies. By using AI, ActZero can deliver faster and more precise threat detection and response, which reduces the overall cost compared to traditional cybersecurity methods.

The company has received significant investment, including a $70 million investment from Point72, which has enabled it to scale its operations and enhance its technology. ActZero's team includes experienced professionals with backgrounds in security and military operations, ensuring a high level of expertise and commitment to protecting clients from cyber threats.

In summary, ActZero is making cybersecurity accessible and effective for smaller organizations through its AI-driven MDR platform. The company’s focus on affordability and efficiency positions it as a valuable partner for businesses looking to enhance their cybersecurity without breaking the bank.

Keywords: AI, cybersecurity, MDR, affordable, small businesses, healthcare, threat detection, advisory services, investment, efficiency.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.