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Investment firm Shrooq led a USD 2.6 mn seed funding round for Corgea, a cybersecurity startup based in California, according to a press release (pdf). The round also saw participation from Y Combinator, Propeller, Decacorn Capital, Unbound Ventures, and angel investors Jawed Karim (co-founder of YouTube) and Sam Kassoumeh (co-founder of SecurityScoreCard).
Where will the funds go? The funding will be used to develop Corgea’s platform further and support its expansion into the US and the Middle East.
About Corgea: Founded by Ahmad Sadeddin (LinkedIn), Corgea ‘s platform uses AI to “automate the detection, triaging, and remediation of vulnerabilities in complex enterprise ecosystems.” The startup claims to be able to reduce remediation by 80%.
OTHER STARTUP NEWS-
UAE-based AI brand names generator Brands.io raised an undisclosed amount in seed funding, led by unnamed investors, to upgrade its platform, strengthen its presence in the GCC, and expand into Europe, the Middle East, and Africa, according to a press release. Founded in 2024 by Chetan Gera, the startup provides customized domain names for AI businesses, with a client portfolio spanning Nasdaq 100 companies, unicorns, and early-stage startups.
