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Zafran Security, a cybersecurity startup specializing in AI-powered vulnerability management, has raised $60 million in a Series C funding round led by Menlo Ventures with participation from Sequoia Capital and others. The company has reported significant growth, with its annual recurring revenue more than tripling and its valuation doubling since its previous funding round. The new capital will be used to accelerate product innovation and support global expansion efforts.
Zafran Security's platform leverages AI to analyze telemetry data from existing cybersecurity tools, organize vulnerability information, and provide actionable remediation guidance. The company recently launched Agentic Exposure Management, a feature that uses AI agents to streamline vulnerability remediation, identify affected applications via SBOMs, generate temporary mitigations for zero-day exploits, and assign remediation tasks to responsible staff. The funding will further enable Zafran Security to enhance its AI-driven solutions and broaden its international reach.
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