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Andesite AI has filed a notice of an exempt offering of securities to raise $38,249,976.00 in New Equity Investment.

Andesite AI has filed a notice of an exempt offering of securities to raise $38,249,976.00 in New Equity Investment.

April 30, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Andesite AI is raising up to $38,249,976.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Brian Carbaugh played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Andesite AI
Andesite is focused on improving the capabilities and efficiencies of cyber defense teams. Our advanced artificial intelligence (AI)-driven technology is built to simplify cyber threat decision making by accelerating the process of turning decentralized data sets into actionable insights. This empowers cyber defenders and analysts to more quickly surface threats and vulnerabilities, prioritize and allocate resources, and respond and remediate in a way that improves security posture and reduces cost. Andesite was built by an Analyst Obsessed technology team, with the company mission predicated on improving the output of analysts while reducing their burden of work.

To learn more about Andesite AI, visit http://andesite.ai/

Contact:
Brian Carbaugh, Chief Executive Officer
617-645-2382
https://www.linkedin.com/in/brian-carbaugh-38b339243/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


Venture Capital
8840, Andesite AI, Fairfax, intelligence360, Venture Capital, Virginia, Washington

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