
"Outtake, founded in 2023 by a former Palantir engineer, Alex Dhillon, has found a way to automate what has largely been the manual problem of spotting and taking down digital identity posers: impersonation accounts, malicious domains posing as the company's, rogue apps, fraudulent ads, and more. This problem has grown even more difficult because AI has enabled attackers to be more convincing and faster in their efforts."
""We kept hearing whispers in our network about an AI company that was finally solving digital misrepresentation at scale. Honestly, we were skeptical," Joshi told TechCrunch. "Historically, detection and takedown was (and to some extent even today) a manual, human-intensive process that couldn't keep up with the speed of the internet." But once Iconiq looked at the product and did its due diligence with customers, the investor became a believer, he said."
"The round was led by ICONIQ's Murali Joshi, who led the firm's investments in companies like Anthropic, Datadog, Drata, 1Password, among others. Angels who invested include Microsoft CEO Satya Nadella; Palo Alto Networks CEO Nikesh Arora; Pershing Square Holdings CEO Bill Ackman; Palantir CTO Shyam Sankar; Anduril co-founder Trae Stephens; Former OpenAI VP Bob McGrew; Vercel CEO Guillermo Rauch, and Former AT&T CEO John Donovan."
Outtake raised a $40 million Series B to expand an agentic cybersecurity platform that detects, investigates and takes down digital identity fraud. Founded in 2023 by former Palantir engineer Alex Dhillon, the company automates spotting impersonation accounts, malicious domains, rogue apps, fraudulent ads and other digital misrepresentation. AI-enabled attackers have increased scale and sophistication, making manual detection ineffective. ICONIQ's Murali Joshi led the round after customer due diligence. Angel investors include Satya Nadella, Nikesh Arora, Bill Ackman, Shyam Sankar, Trae Stephens, Bob McGrew, Guillermo Rauch and John Donovan. Customers include OpenAI, Pershing Square, AppLovin and federal agencies.
Read at TechCrunch
Unable to calculate read time
Collection
[
|
...
]