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[Funding alert] Paris-based Qevlar AI Secures €4.5 Million in Seed Funding

Paris-based Qevlar AI secures €4.5 million in seed funding round led by EQT Ventures. Globally renowned angel investors in AI and technology, like Edouard Viot, VP Product of GitGuardian, Tarik Dadi, CEO of Qantev, Mehdi Ghissassi, Director of Product at Google DeepMind, and Florian Douetteau, CEO of Datadog, took part in the round as well.
Team – Qevlar AI

Paris-based Qevlar AI secures €4.5 million in seed funding round led by EQT Ventures. Globally renowned angel investors in AI and technology, like Roland de la Chapelle (Serial Entrepreneur), Florian Douetteau (CEO of Dataiku), Olivier Pomel (CEO of Datadog), Mehdi Ghissassi (Director of Product at Google Deepmind), Edouard Viot (VP at GitGuardian), and Tarik Dadi (CEO of Qantev) took part in the round as well.

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With the additional funding, Qevlar AI will be able to expand its workforce and make further product investments, putting it one step ahead of cybercrime.

Ahmed Achchak, Co-Founder and CEO, said: “Organizations are confronting a rise in the complexity and number of attacks, amid a shortage of available human resources. Driven by fast-evolving technology, threat actors are leveraging machine learning to sophisticate phishing attempts and infiltrate systems deemed previously safe. Businesses need to react quickly and Qevlar AI is here to help them do so smartly and efficiently.”

Qevlar AI is using generative AI for automating cybersecurity detection and investigation procedures that are now done by humans. It is specifically designed for business settings, which frequently face severe security issues.

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The quick incorporation of Qevlar AI technology allows it to work flawlessly with all security systems that an organisation currently has in place.

The efficiency of safety measures has increased by 30% for businesses using Qevlar AI, and this tendency is expected to continue as the technology advances in the months to come.

Julien Hobeika, Partner at EQT Ventures said, “We believe in the transformative power of AI in enhancing the capabilities of cybersecurity professionals and Security Operations Centers (SOCs). Qevlar AI’s innovative approach addresses the pressing challenges in SOC management, offering a promising solution to the long-standing quest for effective automation, Qevlar AI’s proprietary AI technology promises to alleviate the burden on analysts, minimize human errors, and fortify responses, meeting the crucial demands of our increasingly digital and security-conscious world.”

About Qevlar AI

Qevlar’s main objective is to use AI technology to increase Security Operation Centres’ (SOC) productivity. Their clever, zero-programming method expedites response times, uncovers hidden automations, and simplifies threat identification. Join us as they enhance SOC effectiveness and work together to provide a safe digital environment.

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