Depthfirst Raises $40M to Combat AI-Driven Cyber Threats with Advanced Security Solutions

Depthfirst, a leading AI security firm, announces a $40 million Series A funding round. The investment, led by Accel Partners with participation from SV Angel, Mantis VC, and Alt Capital, aims to bolster the company's efforts in defending against AI-driven cyber threats.

Platform Overview: General Security Intelligence

Founded in October 2024, Depthfirst offers a platform called General Security Intelligence, an AI-native suite designed to help companies scan and analyze their codebases and workflows for potential vulnerabilities. The platform also protects against credential exposures and monitors threats to open source and third-party components.

Leadership and Background

The company is led by co-founder and CEO Qasim Mithani, who previously worked at Databricks and Amazon. Mithani emphasizes the need for evolving defense strategies in the face of advanced AI-powered attacks. 'We’ve entered an era where software is written faster than it can be secured,' he says. 'AI has already changed how attackers work. Defense has to evolve just as fundamentally.'

Other key figures include Daniele Perito, former director of security and risk engineering at Square, and Andrea Michi, a former engineer at Google DeepMind, who serves as CTO.

Industry Context and Implications

Cybercriminals are increasingly leveraging AI to automate malicious processes, from writing malware to social engineering attacks. Last November, Anthropic reported thwarting the first 'AI orchestrated cyber espionage campaign.' Depthfirst aims to counter these threats with its advanced security solutions.

The company has already established partnerships with prominent firms such as AngelList, Lovable, and Moveworks. With the new capital, Depthfirst plans to expand its team, focusing on applied research, engineering, and product and sales development.

References

• AI security firm, depthfirst, announces $40 million Series A | TechCrunch