Cybersecurity startup Daylight Security came out of stealth mode on Tuesday and announced it has raised $7 million in Seed funding. The company plans to combine artificial intelligence with skilled human analysts to offer managed security services.
The funding round was led by Bain Capital Ventures, with support from Maple VC and well-known Israeli angel investors. These include the co-founders of Torq (Ofer Smadari, Leonid Belkind, and Eldad Livni), the co-founders of Cyera (Tamar Bar-Ilan and Yotam Segev), and EON founder Ofir Ehrlich.
Daylight’s idea is simple: companies are dealing with more complex cyber threats and need to detect and respond to them quickly. But many don’t have the people or resources to build big security teams. Daylight solves this by using AI tools to quickly analyze data and start investigations, while human experts review the alerts and take action.
The company says its approach helps respond to threats faster and takes pressure off a company’s internal security teams. This is especially helpful for large businesses that are having a hard time keeping up with the rising number of cyber threats.
Managed Detection and Response (MDR) services are becoming very popular in cybersecurity. Experts expect the global MDR market to grow to over $15 billion by 2030 because more companies are choosing to outsource some of their threat monitoring and response work.
Traditional MDR providers have been criticized because they use a lot of manual work and create too many alerts that turn out to be false alarms. This wastes time and resources for security teams.
Daylight’s founders, Hagai Shapira and Eldad Rudich, who have experience in Israel’s intelligence and worked at security company Torq, say their goal is to fix this problem. They want to use AI more to handle alerts, but still rely on people to make the final decisions.
The company says some clients in finance and technology are already using its service, but it didn’t share their names. Daylight has about 20 employees now and plans to hire more engineers and salespeople soon.
Daylight is part of a group of new companies working to use AI more in important cybersecurity jobs, especially as hackers also start using automated tools.
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