# RAD Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rad-security

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.radsecurity.ai
- Total disclosed funding: $7.6M
- Latest round: Series A (Sep 25, 2024)
- Investors on record: 7

## About

RAD Security, Inc. is a cybersecurity firm that specializes in automating governance, risk management, and compliance processes through advanced AI-driven solutions for multi-cloud environments.RAD Security, Inc. provides cutting-edge security solutions designed to streamline governance, risk management, and compliance in multi-cloud infrastructures. Founded in 2021 in San Francisco, US, the company has completed 2 funding deals, including a Series A round leading to a total amount raised of USD 14.000 mn. Cheyenne Partners led the latest round, with additional investments from .406 Ventures, AKAMAI Capital, Forgepoint Capital, Gula Tech Adventures, Lytical Ventures, and Vertex Ventures. The founder has a history of entrepreneurship, although specific details about previous ventures are not available.RAD Security specializes in providing advanced security solutions for multi-cloud infrastructures, focusing on automating governance, risk management, and compliance processes through its flagship product, the GRC Efficiency AI Agent. This platform utilizes autonomous AI to continuously monitor and analyze threat data, enabling organizations to identify and address vulnerabilities in real-time. By facilitating seamless integration across various cloud environments such as AWS, GCP, and Azure, RAD Security caters to a wide range of clients, including DevSecOps teams in sectors like finance, technology, and healthcare. The company’s offerings enhance operational efficiency, enabling clients to manage security challenges while adhering to multiple regulatory frameworks, including GDPR and SOC2. The products are marketed primarily to enterprises in North America, Europe, and Asia, focusing on industries that require robust security measures due to the nature of their operations.RAD Security's revenue model is based on a subscription structure that provides organizations with tiered access to its cloud-native security solutions. Clients typically engage with RAD Security through annual contracts that encompass various pricing plans tailored to the scale of their cloud operations and specific security needs. The GRC Efficiency AI Agent, being a core offering, commands significant interest from businesses looking to streamline their compliance and risk management processes, resulting in recurrent revenue streams for the company. Additionally, transaction structures may include value-added services such as custom integrations and ongoing support, enhancing client relationships and fostering long-term partnerships. The company is strategically positioned to capitalize on the increasing demand for AI-driven security solutions, reflecting its commitment to innovation and customer satisfaction.RAD Security, Inc. aims to enhance its product offerings and expand its market reach in the coming years. The company is currently designing new features for the GRC Efficiency AI Agent, with anticipated releases planned for late 2024. In addition to product development, RAD Security plans to enter new geographic markets, specifically targeting expansion into Europe and Asia by mid-2025. The recent funding of USD 14.000 mn will be utilized to support these initiatives, including further development of AI capabilities and market entry strategies, leveraging the backing from new investors .406 Ventures, Vertex Ventures, and Gula Tech Adventures.

## Funding rounds

- Series A, Sep 25, 2024, $2.5M — .406 Ventures, Cheyenne Ventures, AKAMAI Capital, Vertex Ventures, Forgepoint, Gula Tech Adventures, Lytical Ventures
- Seed, Dec 28, 2021, $5.1M — .406 Ventures, Vertex Ventures, Gula Tech Adventures

## Investors

- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Seed, Series A
- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Seed, Series A
- Gula Tech Adventures (https://capitalatlas.ai/funds/gula-tech-adventures) — Seed, Series A
- Cheyenne Ventures (https://capitalatlas.ai/funds/cheyenne-ventures) — Series A
- AKAMAI Capital — Series A
- Forgepoint (https://capitalatlas.ai/funds/forgepoint) — Series A
- Lytical Ventures (https://capitalatlas.ai/funds/lytical-ventures) — Series A