HarbourVest, Peak XV join $125m Series B round for cybersecurity startup Exaforce

HarbourVest, Peak XV join $125m Series B round for cybersecurity startup Exaforce

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Exaforce has raised $125 million in a Series B financing round from HarbourVest Partners and Peak XV Partners to expand its AI-native security operations platform and accelerate international growth, amid rising demand for real-time cyber defence tools capable of responding to AI-powered attacks.

Mayfield Fund, Khosla Ventures, Seligman Ventures and AICONIC participated in the round.

The latest financing brings the company’s total funding to $200 million, following its $75-million Series A raised a year ago.

Exaforce said the new capital will be used to support global expansion, including into Japan and Europe.

“We built Exaforce to be the platform defenders actually work in, not just an AI layer on top of existing tools,” said Ankur Singla, CEO of Exaforce. “This funding lets us deepen that platform and bring it to security teams on a global scale,” he added. 

Investor interest in the company comes amid growing concerns around AI-driven cyberattacks and increasing enterprise demand for automated security operations. Vinod Khosla, founder of Khosla Ventures, said Exaforce’s platform could help shift the economics of cybersecurity in favour of defenders by materially lowering the cost and speed of response.

Exaforce said it has grown to more than 130 employees and processed millions of investigations across its customer base over the past year. Its clients include companies in healthcare, technology and financial services, such as Guardant Health and Invisible Technologies.

Headquartered in the San Francisco Bay Area, the company plans to continue investing in AI research, managed detection and response capabilities, and customer support as it scales globally.

Edited by: Padma Priya

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