Dropzone AI Secures $37M to Advance AI-Powered Security Operations

Seattle startup Dropzone raises $37M to supercharge its 'AI SOC analyst' security software

Security teams have trouble handling a daily flood of alerts. AI bots can help. That's the premise behind Dropzone AI, a Seattle-based startup that just raised a $37 million Series B round to fuel growth. CEO Edward Wu said the fresh capital gives the company "capacity and optionality" as it pushes to stay ahead in what he calls the next billion-dollar battleground in cybersecurity. Dropzone's pre-trained AI security agents are designed to act as Tier‑1 SOC (Security Operations Center) analysts. They use large language models and handle repetitive tasks -- investigating alerts and escalating incidents that need human review. The agents mimic the thought process and techniques of expert security analysts. The idea is to help alleviate the pressure on security teams as cyber risks rise, and reduce the time needed to respond to threats. Dropzone has more than 100 enterprise customers, from mid-size IT departments to managed security service providers. Clients include UiPath, Zapier, and others. "This is kind of a needle-mover technology for a lot of different security teams," Wu said. Revenue more than doubled in Q2 compared to Q1, Wu said. Wu said the system's false‑negative rate is consistently below 1 percent, while false positives drop below 10 percent as the model learns each environment. Dropzone faces growing competition from tech giants like Microsoft and Google, which offer their own autonomous SOC tools, as well as smaller startups. Wu said Dropzone is the only company in its sector that offers a free "test drive" of its product without needing to talk to a salesperson. "That has really helped us to show the maturity of our technology," he said. "We're not hiding our product behind closed-door demos." Earlier this year Dropzone rolled out a free browser extension tool called "Coach" that aims to give security analysts an AI co-worker in their browser. Wu previously spent eight years at Seattle-based security company ExtraHop before launching Dropzone in 2023. Theory Ventures led the Series B round. Madrona, Decibel Ventures, Pioneer Square Labs, and IQT also participated. Dropzone has 28 employees and is actively hiring.

Dropzone AI raises $37M to expand AI SOC analyst development and integrations - SiliconANGLE

Dropzone AI raises $37M to expand AI SOC analyst development and integrations Security operations startup Dropzone AI Inc. revealed today that it has raised $37 million in new funding to accelerate development of specialized autonomous AI security agents and deepen its ecosystem partnerships and integrations. Founded in 2020, Dropzone AI builds artificial intelligence-native security operations center analysts capable of autonomously triaging and investigating security alerts. The company's platform leverages advanced large language models to replicate the reasoning and decision-making of top-tier human analysts, dramatically reducing the need for manual intervention in early-stage alert handling. Dropzone AI's main offering is its autonomous SOC analyst, agentic AI that it claims handles routine Tier 1 alert triage with speed and precision. The system can interpret, prioritize and act on incoming security alerts in real time, mirroring the steps a human analyst would take, but doing so in minutes rather than hours. The SOC analyst also generates clear, high-quality investigation summaries, the company says, allowing human analysts to focus their attention on more complex threat hunting and incident response tasks. The platform integrates into existing security stacks, supporting a wide range of security information and event management, endpoint detection and response and ticketing tools, allowing organizations to enhance their threat detection and response capabilities without overhauling their existing infrastructure. The company's solutions are already in use by more than 100 organizations, including UiPath Inc., Zapier Inc., Pipe Technologies Inc. and Mysten Labs, as well as managed security service providers like Cincinnati Bell Technology Solutions LLC. In the case of CBTS, Dropzone AI has been used to enhance the efficiency and quality of its managed detection and response service. By offloading 30% to 50% of alert volume, the platform has significantly reduced repetitive work, allowing the team to focus more on threat hunting, customer onboarding and improving coverage. The Series B round was led by Theory Ventures, with Madrona Ventures Group, Decibel Ventures, Pioneer Square Labs and In-Q-Tel Inc. also participating. "We're driving a generational shift in cybersecurity from manpower-bound, alert-chasing SOC teams to SOC teams backed by an army of autonomous AI agents that get to focus on what truly matters," said founder and Chief Executive Edward Wu. "This change is not optional; it's essential. We exist to level the playing field for cyber defenders and we can field these next-generation capabilities right now." The new funding takes the total raised by Dropzone AI to approximately $57.4 million, based on data from Tracxn. Dropzone AI last raised funding in a $16.5 million Series A round in April 2024.