AI-native endpoint security startup Glow is born a unicorn after raising $180M
Glow Security Inc. said today it’s exiting stealth mode today as an instant unicorn after closing on a massive $180 million Series A funding.
The round catapults the startup’s valuation to a stunning $1.2 billion right out of the gate.
Venture capital firms Sequoia, Cyberstarts, Greenoaks and Redpoint Ventures co-led the round, which also saw the participation of Index Ventures, Lux Capital, Swish Ventures and Holly Ventures. The funds will enable Glow to expand Glow Labs, its dedicated research organization, launch its first products and accelerate its go-to-market operations.
Glow said it’s trying to fix what is fast becoming a major crisis for enterprise security teams. It’s trying to address the massive explosion of artificial intelligence applications, tools and systems running on corporate endpoints, which has created an unprecedented cybersecurity challenge. As businesses eagerly embrace AI chatbots, assistants and autonomous agents and use them to perform increasing amounts of work, they’re leaving themselves exposed to all kinds of risks. The problem is that their security teams simply can’t keep up, and have no way to vet all of these AI tools fast enough.
