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Reach Security Announces $10 Million Strategic Investment from M12, Microsoft’s Venture Fund with Support from Artisanal Ventures and Other Existing Investors

Reach Security Announces $10 Million Strategic Investment from M12, Microsoft’s Venture Fund with Support from Artisanal Ventures and Other Existing Investors

August 18, 2025 Craig Etkin

Investment validates Reach’s domain-specific AI approach for exposure management; new ConfigIQ Drift™ module enables customers to define and detect drift across SaaS and On-prem environments.

SAN FRANCISCO, July 29, 2025 /PRNewswire/ — Reach Security, the AI-powered assistant for operationalizing security controls across the enterprise turning intent into enforcement and helping organizations fix what matters across SaaS and on-prem environments, today announced a $10 million strategic investment from M12, Microsoft’s Venture Fund, and existing investors including Artisanal Ventures. The investment highlights M12’s belief in domain-specific AI as a transformative force in cybersecurity and underscores Reach’s leadership in enabling AI-powered exposure management.

As part of the announcement, Reach introduced ConfigIQ Drift™, a virtual assistant that allows security teams to define and enforce configuration drift detection without the need for deep configuration expertise or code skills. The company also previewed its upcoming Asset Intelligence capability, which will bring full-context visibility across identities, devices, and workloads to further enhance prioritization and remediation workflows.

Why M12, Microsoft’s Venture Fund Invested
M12’s investment reflects growing momentum in the exposure management category, with a focus on how virtual security assistants can drive adoption of security capabilities and automation in drift detection, policy enforcement, and remediation. M12 identified Reach’s unique combination of domain-specific language models (DSLM), operational automation, and real-world traction as key differentiators.

“Reach is redefining what actionable exposure management looks like,” said Todd Graham, Managing Partner at M12. “Their AI-powered assistant and extensible platform align directly with the needs of enterprise customers adopting Zero Trust, navigating compliance frameworks like CMMC, and helping customers migrate to or even activate underused capabilities in Microsoft 365 E5.”

Introducing ConfigIQ Drift™: A Virtual Assistant for Security Configuration
Reach launched its first drift capability three months ago. Today’s release of ConfigIQ Drift™ expands that foundation with a capability enabling customers to write their own drift detection rules. This makes it easy to define a baseline or “gold image” of intended configurations specifying exactly what to monitor for drift. For the first time, customers can now detect deviations across both SaaS and on-prem security products from a single, centralized location.

“Security teams aren’t just overwhelmed, they’re under-leveraged,” said Garrett Hamilton, CEO and Co-founder of Reach Security. “This partnership with M12 validates our belief that the next generation of cyber defense will be AI-powered, assistant-driven, plus deeply operational and focused on creating leverage for companies and their security tools. We’re building the infrastructure for that future today.”

Use Case Highlights: Zero Trust, CMMC, and Microsoft E3 to E5 Optimization
Reach is enabling real progress across a wide spectrum of high-priority security initiatives:

  • Zero Trust: Aligning enforcement with ZT principles across identity, email, endpoint, and network controls
  • CMMC 2.0: Mapping controls to live configurations and detecting drift in real time
  • E3 to E5 Optimization: Helping organizations unlock the full value of Microsoft 365 by:
    • Mapping current posture and identifying gaps
    • Accelerating feature deployment through guided config generation
    • Monitoring for drift post-activation
    • Sustaining ROI with ongoing validation and insights

“Zero Trust is more than a framework, it’s a shift in how we operationalize protection,” said Jay Wilson, CISO at Insurity. “Reach is making it possible for us to move from planning to execution faster than we thought possible.”

Looking Ahead: Asset Intelligence and Adaptive Enforcement
Reach also previewed its upcoming Asset Intelligence capability. This will provide continuous insight into the security relevance, control coverage, and posture history of each identity, device, and workload. By combining that context with natural language rule authoring, Reach aims to deliver truly adaptive, assistant-driven enforcement.

Industry Recognition

Gartner® recently noted the importance of automation in exposure management:

“To combat the speed at which attackers exploit vulnerabilities, there will be a shift toward end-to-end automation of exposure management, including: continuous discovery, assessment, prioritization, validation and remediation of exposures.”
—Gartner, Emerging Tech: The Future of Exposure Management is Preemptive, by Elizabeth Kim, Apoorva Chhabra, 25 June 2025

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

  • Get the Gartner report: https://www.reach.security/gartner-report

SOURCE Reach Security

Copyright © 2025 Cision US Inc.


Venture Capital
California, Cision, PRNewswire, Reach Security, San Francisco, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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