Kevin Mandia’s Armadin Raises $255.5M for AI Agent Security Platform
Cybersecurity startup Armadin raises $255.5 million at a valuation above $2.5 billion to expand its AI agent swarm platform for continuous security testing.
Cybersecurity startup Armadin has raised $255.5 million in Series B funding at a valuation above $2.5 billion to expand its AI-powered approach to continuous security testing.
The round was led by Andreessen Horowitz and Accel, with participation from Bain Capital Ventures, Redpoint, 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins and Menlo Ventures. According to Armadin’s funding announcement, the company has now raised more than $445 million.
Armadin was founded by Kevin Mandia, who previously founded Mandiant, the cybersecurity company Google acquired for $5.4 billion in 2022.
The startup uses autonomous AI agent swarms to test enterprise systems for weaknesses continuously. Unlike traditional penetration tests conducted periodically by human teams, Armadin’s agents attempt to identify and chain together vulnerabilities on an ongoing basis.
The Series B comes six months after Armadin raised a $190 million Series A. The new funding will support further expansion of its autonomous security platform and operations.
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