Twine, a cybersecurity startup based in Tel Aviv, has announced the successful closure of a $12 million seed funding round co-led by Ten Eleven Ventures and Dell Technologies Capital. The funding aims to accelerate the development of Twine's digital cyber employees, designed to alleviate the critical talent shortage in the cybersecurity sector.
The company's first digital employee, Alex, is engineered to manage identity access tasks autonomously, allowing security teams to focus on strategic objectives rather than operational firefighting. With the cybersecurity industry facing a deficit of nearly 4 million professionals, Twine's innovative approach could significantly enhance organizational security capabilities.
Founded by former executives from cyber unicorn Claroty, Twine aims to redefine cybersecurity workforce dynamics through AI-driven solutions. The funding round also attracted notable angel investors, including founders from Wiz, further validating Twine's market potential.
Benny Porat, CEO of Twine, stated, 'Our vision is to create AI digital cybersecurity employees that can grasp each organization's unique needs and allow end-to-end cyber execution.' As cyber threats grow in complexity, Twine's offerings may provide a much-needed solution for companies struggling to meet their cybersecurity goals.