Concentric Ai Raises Series A Funding Led By Ballistic Ventures To Autonomously Secure Business-Critical Data
Amount Raised
$14.5 Million
Round Type
Series A
San MateoInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingDescription
Concentric Inc., a leading vendor of intelligent AI-based solutions for protecting business-critical data, announced today it has raised $14.5 million in Series A funding. Led by Ballistic Ventures, a new VC firm solely dedicated to advising and funding early-stage cybersecurity startups, this investment targets the $19B market for data security, access governance, and loss prevention. Citi Ventures also participated in the round as a strategic investment, as did current investors Core Ventures Group, Engineering Capital, and Clear Ventures.
Quick answer
Concentric AI raised $14.5 Million in a Series A round, dated May 11, 2022. Concentric AI is based in San Mateo, California, United States.
- How much did Concentric AI raise?
- Concentric AI raised $14.5 Million in a Series A round on May 11, 2022.
- What does Concentric AI do?
- Concentric AI is a leading vendor of intelligent AI-based solutions for autonomous data security posture management (DSPM).
- Where is Concentric AI based and how big is it?
- Concentric AI is based in San Mateo, California, United States. Fundz records about 89 employees.
- Who are the decision-makers at Concentric AI?
- Fundz holds 5 contacts at Concentric AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Software around the same time
Companies in the same sectors as Concentric AI that raised within 45 days of this round, from Fundz verified event records.
- Inflection AI raised $225M on May 13, 2022.
- Inflection AI raised $225M (Funding Round) on May 13, 2022.
- Druid AI raised $15M (Series A) on May 3, 2022.
- Prezent raised $20M (Funding Round) on April 20, 2022.
- EvolutionIQ raised $21M (Series A) on April 12, 2022.
- EvolutionIQ raised $21M on March 30, 2022.
Who to call at Concentric AI, and when
A new round usually means Concentric AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Concentric AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Concentric AI, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Concentric AI. With Fundz connected, it knows.
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Funding Insights
What this usually meansConcentric AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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